IPOs & Markets
The IPO will be sold to 18 domestic and international cornerstone investors
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
India's Arzooo raises $70m from SBI Investment Japan, Doordash founder Tony Xu, others
[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
The IPO would be the largest equity capital market deal in Southeast Asia in 2022.
This takes its total fundraising to $109m over five years
The drivers have also been asked to charge higher fares.
aCommerce plans to use the proceeds for future acquisitions, and market expansion.
Telco to acquire a 3.78% stake from Temasek’s wholly-owned subsidiary Anderton Investments
The report covered 380 venture investors in Southeast Asia.
Ape Board shareholders include SCB 10X, the venture capital arm of Siam Commercial Bank
The Thai investment agency has approved the $1.04b joint venture
Q & A
The fund will invest in fintech startups and blockchain, says MD Sam Tanskul