Indonesia
The Thailand-born company is keen on officially shifting its headquarters to Indonesia.
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
India's Arzooo raises $70m from SBI Investment Japan, Doordash founder Tony Xu, others
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[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
Rest of Asia
Bykea was able to raise this round at a valuation of over $100 million, said sources.
India
Krishna Vedati will be President of Global Growth and Strategic Initiatives.
Vietnam
DealStreetAsia had earlier reported that Loship planned to raise $50m in equity funding.
Bukalapak is eyeing revenues of $180-200m this year.
Greater China
Liu now holds around a 10.9% stake.
Beijing’s crackdown on the gaming industry has prompted many local firms to look abroad
The round was led by SBI Holdings and participated by SC Ventures
Thailand
This takes its total fundraising to $109m over five years
More than 320 million people — including poor labourers and factory workers — across India are at risk from extreme heat.