Private Equity
The pension fund will make the investments through Gobi Partners.
Singapore's Tokenize Xchange raises $11.5m more in Series A funding
Data Vantage: Staffinc, SIRCLO, SynPhNe, Una Brands and SwipeRx in focus
SE Asia's marketing tech players climb the charts despite funding chill, stiff competition
Indonesian P2P lender Modal Rakyat business model faces scrutiny as lender files lawsuit
India: PE-VC firms get a breather as exit routes open up
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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
Indonesia-listed Saratoga likely to acquire Brawijaya Hospital from PE firm Falcon House
Singapore’s PCG in talks to reopen fund for luxury Japan ski resort as weak yen beckons
Deals
This edition presents a recap of top developments from investors and startups in Asia.
The funding will help Hinduja Tech augment its existing capabilities in R&D through both organic and inorganic routes.
People
Chan will also be taking up the mantle of group president.
Singapore-headquartered digital banking group Tyme Group has received a fresh capital injection from a PE firm.
Launched in 2015, Xendit is now available in Indonesia, the Philippines, and Malaysia.
Venture Capital
The firm is targeting to raise at least $10m in the round.
IPOs & Markets
The company plans to offer up to a 17% stake.
Earnings and Results
The stronger performance was driven by higher dividends and distributions from its investee companies.
This week we released two reports on fundraising by women-led startups in India and SE Asia.