India
MFV Partners and a syndicate on LetsVenture also participated in the round.
1
India: Wingreens buys Safe Harvest, closes $12.6m funding round
2
Beverage brand Bobakat secures fresh funding and other India deals
3
Gong Cha's planned $2b sale draws private equity interest
4
Prosus sells 5% stake in Delivery Hero for around $394m
5
Jio Platforms IPO pivots to pure fundraise, no investor exits
More Stories
eFishery scandal exposes weak spots in Indonesia’s startup funding model
Vietnamese financial services firm SoBanHang raises fresh funding
Hillhouse to buy Mercer’s private client services business in Asia
Editor’s Take: The Week That Was—May 4-9
APAC shows uneven AI, private credit activity: Adams Street
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.
