Indonesia
DeFi initiatives fuelled fintech funding to $1.68 billion last year.
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Editor’s Take: The Week That Was—Jan 20-25
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Indonesian capsule hotel startup Bobobox turns the tide amid tourism wave
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China-focused PE funds scramble to spur global growth under pressure
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Everstone buys majority stake in India's bootstrapped SaaS startup Wingify
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Owners of SGX-listed Japfa offer to take poultry firm private at $875m valuation
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Forensic audit alleges Temasek-backed eFishery inflated revenue nearly 5x
Interim CEO of eFishery said to have stepped down
Singapore PE firm Altair Capital hits first close of Fund II
Endowus clocked $14.7 million in revenue in 2023, a 140% increase year-on-year.
AC Ventures has emerged as the largest shareholder in Soul Parking, with a 29.9% stake.
Myanmar
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
India
Eureka Robotics has raised $10.5 million in fresh funding from B Capital and others.
Singapore
Singapore-based Wholly Greens has issued new shares to investors.
Marketing software unicorn Insider received fresh capital from General Atlantic this week.
Partior has received capital from Emirates NBD, Deutsche Bank, Temasek and Jump Trading.
Greater China
MooVita has secured funds from Yinson Venture Capital and others.
Indonesian startup Mimin has bagged capital from Skystar Capital and others.