Venture Capital
Dash was founded by GoTo and DHL alumni Aditya Brahmana and Robert Muliant in Nov 2023.
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Editor's take: The week that was — Nov 4-9
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Indonesian logistics startup Paxel bets on acquisitions to drive future growth
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Study abroad platform Leap trims losses in FY24 on 68% revenue jump
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Delivery Hero's Middle East business Talabat to launch $1b Dubai IPO next week: report
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IFC mulls $100m investment in Indian lender CSB Bank
More Stories
Southeast Asia prepares for factories fleeing Trump’s China tariffs
Singapore’s Sembcorp to sell unit for $307m in cross-border deal
Fashion label Love, Bonito’s losses doubled in 2022 despite notable increase in revenue
Affinity said to be acquiring majority stake in gummy bear maker Yupi
Analysis
Mixue wins over young consumers in Vietnam; Cotti Coffee moves into Thailand.
Deals
ABM Respiratory Care raised funds from Worthy Ventures Resources and TAH Ventures last week.
Annual deal value had fallen YoY in each of the three markets in 2022 and 2023.
Momos raised $10m in a Series A funding round led by 645 Ventures.
Asia PE-VC Summit 2024
To stand out in the mid-market segment, investors called for value creation strategies.
Private Equity
There were no final closes in H1 2024.
The move is part of Maybank’s strategy to invest in leading digital tech firms in the region.
Bateriku.com raised the funds from KWAP, Gobi Partners and others
There is a growing focus on developing full circularity within the supply chain.