Deals
The investment brings Etaily’s total funding to over $24 million.
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Beyond the Buyout: India is no longer an allocation, it’s a strategy
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DayOne bags mezzanine loan from Brookfield for Finnish data centres
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Deal Digest: VinFast invests $500m more in India plant; EQT backs PropertyMe
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HKIC reports nearly $302m investment income in 2024
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Gaw Capital's RMB fund makes first buy in Chengdu mall
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PH e-commerce enabler Etaily bags funding from Japan’s SMBC fund
Venture Capital
The round’s backers also included Plio Limited, existing shareholder Altara Capital, and Tonik’s management.
HeyMax issued new shares worth $6.7 million last week.
Tether has invested an additional $10 million in the Singapore-based mobile payments startup.
Eluvo had been largely bootstrapped until now.
Analysis
Mixed-gender leadership teams captured two-thirds of the private capital raised since 2020.
The proposed loan is a US dollar-denominated five-year, senior unsecured facility.
BillEase joins a growing roster of digital-centric fintech players that have bought smaller banks.
Catch all the highlights of the week, from startup fundings to Grab-GoTo merger talks and more.
The IPO highlighted robust foreign interest in Philippine equities.
