Rest of Asia
IDF IV exceeded the $3.5-billion target and surpassed the $2.5-billion raised by its predecessor fund, IDF III.
Here’s the low-down on the leadership transition at Gojek
Singapore-based Quest Ventures nears first close of $50m early-stage SEA fund
Uber CEO Khosrowshahi urges Indians to shun car ownership ‘trap’
Australia’s AMP Capital raises $6.2b for infra debt strategy
Indian student loan platform Credenc raises $2.5m from Omidyar, others
Temasek makes $3b bid to take control of Singapore’s Keppel Corp
Vietnam’s VinaCapital reveals $626m private equity pipeline
Nadiem Makarim steps down from Gojek CEO role, to join Jokowi’s cabinet
Former Uber Indonesia chief eyes SE Asia domination with trucking venture
Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer
Yanolja first invested $15 million in ZEN Rooms in July 2018.
The Rs3,950-crore deal also marks the entry of Brookfield in India’s hospitality market in a big way.
Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.
Olam has acquired almond processor and ingredient manufacturer Hughson Nut and associated real estate at a total enterprise value of $54.0 million.
Recruitment startup Belong is in talks to raise $10-12 million from investors.
The companies had aimed to complete the merger by August.
MobiKwik reportedly held talks with PayU to sell off its payment gateway business ‘Zaakpay’ for $50-60 million.
The bond sale received orders in excess of $1.2 billion, with the issue subscribed over 2.5 times.
UrbanClap plans to wind up its non-core businesses to ramp up its focus on two key categories, beauty and home.
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