India
MFV Partners and a syndicate on LetsVenture also participated in the round.
1
India: Sumit Jain steps down as Unacademy test-prep CEO
2
India: PE giant Advent International investing $150m in Iscon Balaji Foods
3
SEA Digest: HSBC Vietnam arranges loan for Nutifood Nutrition; V-GREEN signs MoUs for EV push in Philippines
4
HK-based Kuark Capital launches $400m Asia tech-focused hedge fund
5
INA ropes in Ramadhana as board chairman, Mandiri Sekuritas appoints acting CEO
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Singapore
The company is seeking minority stakes in financial services and gaming firms.
The company’s total expenses were up 22% year-on-year.
World
Since its inception in 2003, the fund has returned 9.63 per cent per annum.
In 2019, there were 58 transactions worth $16.2 billion, compared with 49 transactions worth $10.4 billion in 2018.
Indonesia
Indonesia’s consumption-driven internet economy should continue to provide opportunities for growth.
Thailand
China beat Japan for the first time as Thailand’s top foreign investor in 2019.
Similarly, global PE fundraising and dealmaking also slowed although the industry still recorded robust figures.
Among those that are looking to tap the bourse are the subsidiaries of construction firm Wijaya Karya.
Singapore and Indonesia scored the bulk of the investments.
