Venture Capital
Fund II exceeds Foxmont’s $20-million target.
BYJU's fires another 1,200 employees, more layoffs to follow
People Digest: Grab appoints SG politician to handle public affairs; FWD names new CEO
SEA Digest: SG's BandLab acquires beat platform Airbit; Indonesia's Bio Farma, SIRCLO launch Medbiz
HK-based New World weighs sale of majority stake in $1.4b premium office tower
Sequoia Capital leads $12m Series A round in SG-based Freightify
More Stories
Bangladesh B2B startup ShopUp secures $30m debt financing
Creador, Navegar invest in Philippines-focused discount retail chain DALI Stores
Former Gojek exec’s SaaS startup klikit raises $5.6m in seed funding
PH’s Foxmont Capital Partners raises $21.3m for second venture fund
SG wealth management platform Kristal.AI eyes $30m Series B funding
Deals
The loan will be used to expand CARD’s lending to low-income borrowers.
Private Equity
Creador, through its fifth fund, invested $55m.
Analysis
Flash Express is preparing for its stock market debut.
IPOs & Markets
The deal consists of a subscription to primary shares of Figaro at 1 peso per share.
Right Choice seeks to transform the Rural Bank of San Luis (Pampanga) into a digital bank.
People
Co-founder and former CEO Francis Plaza had quit in Nov. following a complaint.
Private funding for companies in SE Asia hit a two-year low in Q4 2022.
The Singapore superapp accounted for 54% of the region’s food delivery GMV last year.
BillEase is the first Philippines-based BNPL provider to partner with Alipay+.
