People
In August, Glints had raised $50m in an oversubscribed Series D round.
India: Lodha Group's Macrotech Developers plans $450m share sale
Indonesia plans IPOs for state energy firm Pertamina's two units next year
SEA Digest: SG-based Glints announces layoffs; Indonesia's Hijra Bank launches mobile banking app
Indonesian agritech firm Sayurbox cuts 5% workforce
India Digest: Moglix eyes $100-150m funding; Investcorp may invest in Wakefit
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Lazada receives another $342.5m capital infusion from Alibaba
Indonesian carbon technology startup Fairatmos raises $4.5m in seed round funding
Ozi Amanat’s K2 Global raises $300m to invest in tech startups
Vietnam: KKR-backed EQuest takes controlling stake in Khoi Nguyen Education
CVC said to be weighing options for gaming hardware maker Razer
Venture Capital
The startup raised $40 million in a Series A round in November 2021.
Wavemaker Impact and Airwallex are looking to expand operations in ANZ and APAC, respectively.
Deals
The minimum subscription size to Innoven SEA Fund 1 has been slashed from $5m to $20,000.
It is targeting a corpus of up to $20m to invest in early-stage startups in Australia and SE Asia.
Q & A
Animoca Brands is the most prolific investor in Southeast Asia’s blockchain gaming space.
Haulio said that it will use the funding to expand in Indonesia, Malaysia, the Philippines, and Vietnam.
Private Equity
The team comprises five people based in Singapore and Sydney.
The round was participated by Illuminate Financial, AFG Partners, and Winter Capital.
Alibaba has injected capital into Lazada for the third time this year.
