At least 25 venture-backed startups have indicated IPO plans over the next two years.
Indonesian agritech firm Sayurbox cuts 5% workforce
India Digest: Moglix eyes $100-150m funding; Investcorp may invest in Wakefit
BNPL player Pace raises another $6m and other SE Asia deals
People Digest: Wavemaker Impact appoints new venture partner for ANZ; Airwallex names general manager for APAC
Unacademy, Dunzo backer Blume Ventures closes largest India-dedicated fund at $250m
Lazada receives another $342.5m capital infusion from Alibaba
Indonesian carbon technology startup Fairatmos raises $4.5m in seed round funding
Ozi Amanat’s K2 Global raises $300m to invest in tech startups
Vietnam: KKR-backed EQuest takes controlling stake in Khoi Nguyen Education
CVC said to be weighing options for gaming hardware maker Razer
ESG is fast emerging as a big theme for PE investments in 2022 and beyond.
The current market capitalisation for cryptocurrencies is around $2 trillion.
The emergence of three unicorns and later-stage deals marked deal activity in 2021.
Indonesia GPs may lead the way in terms of first cash-in.
Rest of Asia
VC investments in South Korea in Q3 were estimated at a record $1.7b.