Deals
Embassy Group, which owns a 73% stake in WeWork India, invested in the rights issue.
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India Digest: BGauss, WeWork secure funding
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Oriza's semiconductor investment platform achieves first close of debut M&A fund
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Indonesia's tax system upgrade marred by tech glitches
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Singapore's single family offices surged to 2,000 last year
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CVC-backed Siloam Hospitals eyes First REIT's hospital assets in Indonesia
More Stories
TPG said to have closed investment in Asian flower business Hasfarm Holdings
Indonesian AI startup Bythen secures $5m funding led by Vector Inc, Skystar Capital
Vietnam-based PE firm ABB closes second fund at $70m
Singapore sovereign wealth fund GIC’s CIO said to be stepping down
Stakes rise in SE Asia’s casino race as Singapore’s rivals place bets
Private Equity
PAG has also signed definitive documents to invest in Manjushree Technopack.
The PE firm has picked up a minority stake in Aragen, valuing the company at around $1.4b.
IPOs & Markets
Groww is targeting a valuation of $6-8b in the IPO.
The funding also saw participation from Java Capital, PeerCheque, DeVC by Matrix Partners, and Tracxn’s Abhishek Goyal.
Venture Capital
The round also saw participation from Titan Capital Winners Fund, Global Growth Capital, DEVC, and existing investors.
Interviews
CoinDCX, backed by Pantera and Steadview, last raised $135m in a Series D funding round in 2022.
Analysis
Our weekly roundup of deal updates, LP-GP news, analyses & interviews.
SMFG will use the proceeds to grow its loan books towards MSMEs.
IIFL Fintech Fund, Claypond Capital, and Pravega Ventures participated in GrayQuests’s round.
