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India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
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Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
Vietnam
Other participating investors included Touchstone Partners, East Ventures, and Saison Capital.
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
India
HealthQuad, Somerset among others raising healthcare-focused funds in the country.
Qashier wants to expand its offerings across SE Asia and beyond the region.
Malaysia
The bank reportedly plans to launch a debit card by the end of this year.
S Korean VC investment in Vietnam reached its peak in 2019 and 2021 with 21 and 20 deals respectively.
World
Markets are also waiting to see if the SEC will approve spot ETFs for ether.
Silverneedle Ventures, BIG Global Investment, and IvyCap Ventures also participated.
Greater China
The Series D+ round was led by GTJA Investment Group and state capital investor Kingray Capital.