By Nguyen Thi Bich Ngoc
The magnet that Vietnam possesses, according to Thai, is a combination of a strong economy, exciting demographics, low-cost tech talent and a position as a trade war winner amid the US-China tension.
With its mammoth $540-million funding at a valuation of $3.6 billion, Byju’s has entered the top tier of the club of Indian unicorns becoming the fourth-most valued startup in the country.
CPPIB is looking to increase its emerging market exposure to a third of the fund from the current 15% by 2025. It will focus on three important markets – China, India and Brazil.
In November, Sarmayacar launched the nation’s largest VC fund yet, a $30-million vehicle.
GLP is a global provider of modern logistics facilities and technology-led solutions, with $60 billion in assets under management.
Over the past few weeks and months, massive changes have taken place at Flipkart, most notably the exit of Flipkart co-founder Binny Bansal. Since Bansal’s exit, Flipkart’s current chief executive Kalyan Krishnamurthy is the undisputed leader at the online retailer, with Myntra and Jabong now reporting into him. In a… Read more »
The industry will see consolidation among NBFCs and HFCs, partly propelled by financial investors in these companies, Chandra said.
Having started operations in 2013, Bertelsmann India Investment has invested in a dozen companies so far, with two more in the offing.
Nasdaq is proactively engaging with unicorns in SE Asia.
Eko, founded by scion of Thai CP Group, raised a $20-million Series B led by Indonesia’s SMDV to boost expansion in the West.