India
The financing will support the company’s broader loan expansion strategy.
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Rest of Asia
With Japanese M&As at record levels, top banks are struggling to meet demand for deal funding.
India’s central bank capped Emirates NBD’s voting rights at 26% of the bank’s total.
Malaysia
Existing backers Altara Ventures and Gobi Partners also participated.
KKR has inked agreements with DIC and Kowa, both of whom agreed to sell their shares.
The firm aims to build a portfolio of around 20 companies.
Dugar Finance had previously raised $18 million in debt funding led by Symbiotics.
Mizuho Financial and Asset Management One have partnered Sparx Asset Management.
Philippines
The lender achieved a positive operating margin before provisions in Feb.
Greater China
The Andreessen Horowitz-backed company plans to build a local team of 10 or more people by end-2026.