Indonesia
The company’s losses widened slightly to $9.23m in the year, from $8.36m in 2021.
1
China Renaissance taps ex-Shenwan Hongyuan exec to lead HK business
2
Thailand’s Horizon Group raises $12.5m from Vertex Ventures SEA & India
3
CompAsia narrows net loss in 2025 and other updates
4
India: Premji Invest in talks to back Anderson Diagnostics & Labs
5
From sale of a single share to a $3b balance sheet: Inside Megaspeed’s rapid expansion
More Stories
India: Karnataka-based hospital taps Advay Capital for PE funding
INA invests in GIP-backed Vena’s renewable energy projects in Indonesia, PH
Sea eyes fintech arm IPO in three years, Shopee ties part of the pitch
German strategic advances in race for CVC’s Samator stake
Singapore launches $500m climate fund for SE Asia’s agri-food sector
Greater China
It expects a net profit of 16-17b yuan versus 3b in 2021.
Singapore
Investors anticipate Q1-Q2 2023 to be a turning point in SE Asia’s private markets.
India
These deals accounted for about 47% of the total funding value in the year.
Numerous VC and PE firms have started to make their mark in SE Asia’s gateway city, challenging HK.
Together these 20 startups raised a total of $7.6 billion in 2022.
Since the beginning of 2021, at least 15 startups have received Sebi’s approval to launch an IPO.
A rebound is expected only in 2024 as next year’s pick-up is going to be slower, experts say.
Accessing private wealth will be “an attractive proposition” for GPs, experts say.
At least 25 venture-backed startups have indicated IPO plans over the next two years.
