India
MFV Partners and a syndicate on LetsVenture also participated in the round.
1
S Korea to launch $3.5b semiconductor fund, plans new hubs
2
India: AUM Ventures makes first close of second deeptech fund at $24m
3
IFC invests $23m in NDR Smart Spaces to develop logistics platform
4
Indonesia’s OJK moves ahead with IDX demutualisation, eyes state institutions as shareholders
5
Telkom puts $2.8b value on second-phase fibre carve-out to Infranexia
More Stories
Asian markets provide scale that private credit needs: Värde Partners
Google Ventures invests in Singapore startup Engine Biosciences
MAS spinout Gprnt targets $10m Series A funding for Asia expansion
Beyond the Buyout: Asia’s secondaries boom meets a slower reality
India Deal Review: Startup funding more than halves in July after June spike
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.