Venture Capital
Jumbotail has raised $18.2m, while Sprih has bagged $3m.
Abu Dhabi wealth fund offers to buy PAG fund stakes at discount: Report
SEA Digest: EV mobility startup Blitz bags funding; VAST Data launches SG headquarters
Indonesia proposes to inject $3.7b into state-owned firms in 2024-25: minister
Qiming leads Shengshu Technology’s fresh funding round and 38 Greater China deals worth almost $368m
Hong Kong surpasses Singapore with over 2,700 single-family offices
More Stories
The LP View: Singlife’s investment arm charts private equity course for Asia
IFC weighs $100m investment for responsAbility’s Asia-focused climate fund
Charticle: First-time VC fund managers in SE Asia had one of their toughest years in 2023
Vietnam’s Vingroup sells 41.5% of its stake in Vincom Retail for nearly $1b
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
Analysis
PE-VC firms encashed $22.4b in 2023, a 21.6% jump from 2022.
IPOs & Markets
Foreign investors gravitate toward fast-growing economy as China risks mount.
Cedar Capital is looking to invest in 15 early-stage banktech-focused startups in seed-Series A rounds.
A91 Partners is currently investing from its second fund, which has a total corpus of $550m.
Deals
responsAbility is raising $500 million for its latest climate investment vehicle – Asia Climate Fund.
Indian startups have been at odds with Google for months over the fee it charges for in-app payments.
This edition presents a recap of top developments from investors and startups in Asia.
TapFin will deploy the capital to fuel its growth plans and market reach.
Last July, Tesla had offered to build a factory in India but wanted a cut in import taxes.