India
MFV Partners and a syndicate on LetsVenture also participated in the round.
Data Vantage: Tech firms inject capital in SE Asian units, DCM invests in CriAT
Alita Resources placed on liquidation, clearing way for lithium mine sale to MinRes
LG Chem to sell its polariser businesses to Chinese firms for $815m
Vietnamese edtech startup Edupia seeks to raise up to $15m in Series B funding round
Private investors hail US-Vietnam partnership upgrade, tech in spotlight
More Stories
Food delivery giant Delivery Hero scales down Asia operations, lays off staff
Indonesia bans e-commerce firms from selling on social media platforms
Indonesian agritech EdenFarm confirms mass layoff, looks to remodel business
Grab shuts down GrabInvest, associated investment products
South Korean crypto VC firm Hashed seeks $200m for new fund
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.
