The round also saw the participation of Trail Mix Ventures and Alteria Capital.
BYJU's fires another 1,200 employees, more layoffs to follow
People Digest: Grab appoints SG politician to handle public affairs; FWD names new CEO
SEA Digest: SG's BandLab acquires beat platform Airbit; Indonesia's Bio Farma, SIRCLO launch Medbiz
HK-based New World weighs sale of majority stake in $1.4b premium office tower
Sequoia Capital leads $12m Series A round in SG-based Freightify
Bangladesh B2B startup ShopUp secures $30m debt financing
Creador, Navegar invest in Philippines-focused discount retail chain DALI Stores
Former Gojek exec’s SaaS startup klikit raises $5.6m in seed funding
PH’s Foxmont Capital Partners raises $21.3m for second venture fund
SG wealth management platform Kristal.AI eyes $30m Series B funding
Rest of Asia
AXA IM Alts had entered Japan’s homecare market in December.
The public offering is scheduled for Feb. 20-22.
The platform will focus on the greenfield development of solar PV, wind, and hydro assets.
VC-backed players such as SiCepat, Shipper, Andalin, and Ritase are in the market for funding.
The fund, IndoSpace Logistics Parks IV, is targeting $600m in total equity commitments.
Bain Capital had picked up a stake in JMBL two years ago.
Govt incentives are drawing more fund managers to explore the renewables space.
BPEA had invested $66m in WeWork India in Dec last year.
Landeed’s round was led by Draper Associates, Y Combinator, and Bayhouse Capital.