The LP View
The development financial institution approaches its fund investments similar to other commercial LPs.
The vehicle aims to attract international VCs and entrepreneurs to Qatar.
Equity management platform Qapita has received fresh funding from investors, including Cercano Management and East Ventures.
Q & A
Data Vantage: Qapita, Xcelerate, Capillary Tech, Multiplier and Green COP post updates
In food tech era, Proterra Asia still sees opportunities in traditional food production
The LP View: Norfund strives for market-rate returns in emerging world
PH-based SME lender ProCredit raises $4m seed round led by Integra Partners
Singapore PE firm Mizuho Asia Partners said to have raised about $270m for third fund
The LP View: Mubadala sees India, China, Japan, and S Korea driving Asia investments
Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
At $50.5b, funds raised by startups in 2023 were down 5% year-on-year.
As global macroeconomic headwinds and continued geopolitical strife curtailed capital flows in 2023, both deal volume and value declined.
The deal marks KKR's latest acquisition in the technology sector in recent years.
The slowdown started in 2022 when the Chinese private investment fund industry experienced its first decline in years.
The firm recently announced plans to set up its first dedicated Japan multi-family venture.
Fluid facilitates swift B2B purchases by integrating into marketplaces and supplier websites or apps.
Indogen Capital and Genting Ventures also participated in the fundraising.
Rest of Asia
Investors including Prosus, General Atlantic, Peak XV say they are "deeply concerned about the stability of the company".
The proposed deal involves the sale of AirAsia and AirAsia Aviation Group to AirAsia X.
The company is understood to be looking to raise about $75m.
India's recent move is expected to spur innovation and open up the elusive sector to global investor participation.
Paytm is likely to partner Axis Bank, HDFC Bank, SBI, and Yes Bank.
However, the bid by Citadel Securities is more likely to win government approval.
Forty-seven companies pulled their listing plans from China's stock exchanges so far this year.
The licence allows HitPay to offer regulated payment services.
VinFast hopes to start production by the middle of next year, for domestic sales first and then exports.
Sources said there were concerted efforts to disrupt the EGM.
Sharma owns a 51% stake in Paytm Payments Bank, while One 97 Communications owns the rest.