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Deep tech significantly underinvested in SE Asia: 500 Startups’ Vishal Harnal

Harnal said deep tech companies across verticals such as biomedical, communications, space and robotics represented the most underrated investment opportunity in Southeast Asia.


Equis Energy rebrands to Vena Energy

Following its acquisition in January 2018 by Global Infrastructure Partners (GIP), Equis Energy Wednesday said it had changed its name to Vena Energy. The firm said that it had launched a new company website and had also introduced an updated corporate identity. In January 2018, US-headquartered infrastructure fund manager Global… Read more »


IFC proposes $7.5m investment for 15% stake in Pakistan Mortgage Refinance

In November last year, IFC proposed a loan of up to $25.6 million in Pakistan-based Zorlu Solar Pakistan Pvt Ltd. 


People Digest: Zalora CEO resigns; Vingroup appoints new CEO

Zalora Group CEO Parker Gundersen has resigned, citing personal reasons. He is set to leave the fashion e-commerce firm at the end of May.


CITIC PE nears $1.4b first close for latest fund

CITIC PE had begun raising capital for its latest vehicle – CPE China Fund III – that has a hardcap of $2.2 billion in December, and the new fund is about 50% larger than its predecessor that had hit a final close in 2015, after raising $1.3 billion. 


Singapore’s 99.co acquires Indonesian real estate platform UrbanIndo

The deal is set to see 99.co — which is backed by investors including 500 Startups, Golden Gate Ventures, East Ventures, Sequoia India and Facebook co-founder Eduardo Saverin — emerge as a strong competitor to PropertyGuru in Singapore and Indonesia.


Carlyle plans second Chinese fund as it raises new $6.5b Asia buyout fund

The Carlyle Group is raising its second RMB-denominated private equity fund and is also planning a new $6.5 billion Asia buyout fund.


All consumer sectors should do well in Vietnam till 2020: Chris Freund, Mekong Capital

Chris Freund, Founder and Partner at Mekong Capital, says, “the companies that successfully implement omnichannel retailing will be most successful.”


CMS Opus Private Equity rebrands as COPE Private Equity

Malaysia-headquarted CMS Opus Private Equity Monday said it had rebranded to COPE Private Equity, and added that as it prepares for ‘next chapter of growth’, the name change would represent a ‘fresh identity and perspective’. Established in 2005, COPE Private Equity said it has assets under management (AuM) of over… Read more »


Top events that marked Vietnam’s startup ecosystem in 2017

Vietnam is now actively blipping on the radar of venture capital investors who are scouting for deals in Southeast Asia.