Equity management platform Qapita has received fresh funding from investors, including Cercano Management and East Ventures.
Data Vantage: Qapita, Xcelerate, Capillary Tech, Multiplier and Green COP post updates
In food tech era, Proterra Asia still sees opportunities in traditional food production
The LP View: Norfund strives for market-rate returns in emerging world
SG fintech startup Fluid raises Series A round led by Insignia Ventures Partners
Noctua Games scores $3m from Korea Investment Partners, others
PH-based SME lender ProCredit raises $4m seed round led by Integra Partners
Singapore PE firm Mizuho Asia Partners said to have raised about $270m for third fund
The LP View: Mubadala sees India, China, Japan, and S Korea driving Asia investments
SE Asia’s growing markets are well poised to capitalise on continuation funds: Navis Capital
Growth-stage investor A91 Partners in talks to invest in India’s Ummeed Housing Finance
The proposed deal involves the sale of AirAsia and AirAsia Aviation Group to AirAsia X.
The company is understood to be looking to raise about $75m.
The financing was backed by existing institutional investors Altair Capital and Exacta Capital Partners.
Budget carrier SpiceJet’s MD, Ajay Singh, and Busy Bee Airways have jointly submitted a bid of 16 billion rupees ($193.10 million).
Here is a quick weekly recap of all the significant developments involving investors and startups in Asia.
The deal will be the largest investment by a global insurer in a non-life insurer in the Indian market.
The valuation of the Suning stake is far smaller than the $4.6 billion the Chinese e-commerce giant paid for it in 2015.
Air China has spoken to lenders to gauge the availability of financing should it eventually decide to proceed with a deal.
Healint is backed by Wavemaker Partners and Gree Ventures.