Deals
The company plans to raise a minimum of $100 million in its Series C round.
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
India's Arzooo raises $70m from SBI Investment Japan, Doordash founder Tony Xu, others
More Stories
[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
The round has been led by Patamar Capital and Astra Digital.
The acquisition is expected to conclude in June.
Analysis
The regulatory landscape for BNPL is yet to evolve in SE Asia.
Q & A
The Thailand-born company is keen on officially shifting its headquarters to Indonesia.
Bukalapak is eyeing revenues of $180-200m this year.
The deal was due to be ratified last week but was delayed after objections by two lessors
The company will pay for the buyback from its cash balance.
Opinion
This edition also features the Tencent-Flip investment and Bank Neo Commerce.
Venture Capital
Acrew Capital, Quest Ventures, and Altos Ventures also participated.
