Analysis
The report covered 380 venture investors in Southeast Asia.
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
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[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
Venture Capital
In 2020, Ascent Capital Partners led a $26-million minority investment in Frontiir
Deals
At least $20m will be for green financing — IFC’s first green loan in Cambodia.
Telenor in May 2021 wrote down the value of its Myanmar business by 6.5 billion crowns ($751 million).
The project was facing operational difficulties after Mitsubishi announced its withdrawal in February.
Fund managers say major economies in SE Asia are better placed to weather a challenging global climate.
Policy & Regulations
Myanmar accounted for 7% of Telenor’s earnings in 2020.
PTTEP is a unit of state-owned energy firm PTT Pcl.
Startups founded or co-founded by women in SE Asia bagged $4.43 billion last year.
Telenor will be selling the business to Shwe Byain Phyu and M1 Group.