Deals
Go-Ventures led the funding round.
FTX founder Bankman-Fried set to testify before US House panel
Turkish quick delivery company Getir to buy rival Gorillas in $1.2b deal
Nexus leads $12.5m funding in Uniqus Consultech and other India deals
Indonesian invoicing startup Paper.id raises $12m Series B
Vietnam's Earth VC closes three deals, looks to seal seven more by Q2 2023
More Stories
Japan’s Sumitomo Mitsui likely to lead race for Indonesia’s Bank Panin
Dwindling cash amid funding woes casts a shadow on GoTo’s business
TVM Capital Healthcare targets non-hospital assets in SE Asia for first fund
Lazada receives another $342.5m capital infusion from Alibaba
Indonesia PE-VC Summit 2023
The speakers represent digital economy sectors from social commerce to new energy vehicles.
It aims to bring its telemedicine app to other SE Asian countries, such as Thailand and Singapore.
IPOs & Markets
It is the first Indonesian lender to have issued NCDs in US currency for local investors.
The tech giant has a weaker cash position than most of its competitors in the region, including Sea and Grab.
The company says its performance is on track, with a focus on product innovation and cost-cutting.
Shim will support Finaccel’s IPO plans as well as neo-bank launch.
If the deal goes through, SMFG may consider merging Bank Panin with its Indonesian unit BTPN.
The upstream unit is expected to sell 10-15% stake in the IPO.
People
In August, Glints had raised $50m in an oversubscribed Series D round.
