IPOs & Markets
The public offering is scheduled for Feb. 20-22.
East Ventures leads funding in Indonesian startup Peris.ai and other SE Asia deals
Adani Group stocks resume slide after $2.5b share sale goes through
Private equity firm MBK buys Japan elderly care provider Unimat for over $300m
More Singapore companies looking abroad for growth opportunities: EnterpriseSG
PH Digest: ADB invests $4m in CARD; Strike expands to the Philippines
More Stories
Thai insurtech startup Eazy Digital closes seed round led by Wavemaker
Chinese auto insurtech firm Cheche to list on Nasdaq via SPAC
Creador, Navegar invest in Philippines-focused discount retail chain DALI Stores
Indonesian logistics tech space to see active fundraising, M&As amid strong demand
China’s JD.com to shut down e-commerce units in Indonesia, Thailand in March
Deals
The Pertamina subsidiary will be using the funds raised to build Bali International Hospital.
MUFG Bank owns 92.47% in Bank Danamon as of Dec 2022.
iSeller received $7.6 million in fresh funding from Intudo Ventures and other investors.
Analysis
VC-backed players such as SiCepat, Shipper, Andalin, and Ritase are in the market for funding.
Most of the digital bets have been in the financial services space such as fintechs.
Sea Ltd to widen its digital offerings and set up a new warehouse in Malaysia.
Venture Capital
The round also saw participation from AppWorks, AC Ventures, Capria Ventures, among others.
Unicorns
It has shifted its international focus to the provision of cross-border supply chain solutions.
Opinion
This edition also features the food delivery pecking order and Bank DKI’s proposed IPO.
