Private Equity
AXA IM Alts had entered Japan’s homecare market in December.
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
Venture Capital
Lendable contributed $20m while The City Bank chipped in with $10m.
The fresh funds go to Dexus Real Estate Partnership 1 and Dexus Healthcare Property Fund.
Energy X’s total funding to date is approximately $32m.
MBK described URC as the market leader in the short-stay care business.
Analysis
Its main portfolio suffered a negative return of 3.7% on its investments.
Deals
Salesforce Ventures joined as a new investor in the funding round.
IHC invested $2b in Adani Group companies last year, including Adani Enterpsies.
Renault is expected to transfer the 28% stake in Nissan, worth around $4.1 billion
The investment will give IMM a 15% stake in the cloud service provider.
