Deals
Proceeds from the latest round will support Konvy’s expansion across SE Asia.
1
India: Semiconductor startup HrdWyr raises $13m led by Ideaspring Capital
2
Sea Ltd’s Q1 profit rises 7% as fintech & gaming drive growth
3
China's JD.com reports 5% rise in quarterly revenue
4
EQT launches tender offer to take Japan's Kakaku.com private at $3.8b valuation
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Tonik hits breakeven, targets ‘durable profitability’ ahead of pre-IPO round
More Stories
CVC set to become significant investor in Indo retailer MAPI
Hillhouse-backed Ascentium scales to $250m revenue after 13 acquisitions
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
LP-GP sentiment mismatch resurfaces in current cycle: Mekong Capital
IFC weighs $110m securitisation deal with PH fintech First Circle
Analysis
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
inDrive New Ventures has injected $4.4m into Singapore-based restaurant-tech startup Tablevibe.
The startup also operates in Indonesia following regulatory approval last year.
Venture Capital
It aims to invest in key sectors such as climate tech, manufacturing and supply chain, and health tech.
Private Equity
The fund has invested in 10 companies.
Its revenue surged 38.9% year-on-year to $139.3 million in 2024.
Thailand and Malaysia led growth with GMV surging 51.8% and 47.6%, respectively.
Funding news, exclusive interviews, earnings reports, and much more in this edition.
DALI Stores has issued $36m worth of new ordinary shares to its largest shareholder.
