Search Results for:Deepshikha

Vertex-backed Tickled Media raises nearly $5m for Southeast Asia expansion

Tickled Media said it will use the funding for its expansion into the Philippines, Malaysia, and Vietnam, and to develop two additional media properties targeted at Asian women.

Exclusive: CVC Capital Partners is said to seek up to $5b for fifth Asia fund

It has started sounding out LPs about the fund & will start marketing it actively by year-end.

SG: Dymon Asia PE, TEE Infra to acquire Sembcorp unit for nearly $15m

The transaction marks the first deal by Dymon Asia PE’s second Southeast fund, which was recently closed with $450 million in committed capital.

Alibaba backer GGV Capital raises $236m for first RMB fund

The latest fund takes GGV’s total assets under management to over $4 billion. The firm currently manages eight US dollar-denominated funds, in addition to the RMB fund.  

Ride-hailing major Grab in talks to raise $1b at $10b valuation: Report

Grab was said to be valued at $6 billion at the time of its last funding round in 2017.

IFC invests $27m in Sri Lanka’s Melwa Hotels and Resorts

The financing will help Melwa Hotels develop three new hotels outside of Colombo, in Yala, Kosgoda, and Negombo. The hotels will be operated by Hilton Hotels.

Australia’s Blue Sky exits child care provider at up to 23% discount

The buyer is believed to be Busy Bees, a UK-based child care provider backed by Ontario Teachers’ Pension Plan and Singapore’s Temasek.

Pennsylvania SERS commits up to $75m to Korean PE firm Hahn & Company

The US public pension fund committed up to $50 million to Hahn & Company III L.P. and up to $25 million to Hahn & Company III-S L.P.

IFC mulls up to $100m debt financing for Indonesia’s Surya Semesta Internusa

Indonesian conglomerate Surya Semesta Internusa is seeking financing for the development of a new 2,000-hectare industrial estate in Subang. Phase one of the project alone is estimated to cost $262 million.

Temasek backs Chinese biotech firm Innovent’s $150m Series E

Innovent’s latest financing was led by Capital Group Private Markets (CGPM) that contributed $90 million to the round.