Indonesia
InCorp has bagged fresh capital from Hillhouse-backed business services platform Ascentium.
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L Catterton raises $277m across two funds for RMB platform
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FunStop Games snags $5m from 360 ONE Asset, InfoEdge and other India deals
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Chinese giant CATL pushes beyond batteries into power grids, EV platforms
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SoftBank Corp to receive new Nvidia chips for supercomputer
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SG logistics service provider Janio trims losses in FY23 as revenue jumps
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Fashion label Love, Bonito’s losses doubled in 2022 despite notable increase in revenue
Sea Ltd’s profit nearly doubles sequentially in Q3 2024 on strong revenue growth
Indonesian VC firm Intudo raises $125m across two new funds
Grab swings back to profit in Q3, revenue jumps 17%
Singapore’s Olea Global bags $100m financing from HSBC, Manulife arm
India
Mobile Premier League (MPL) posted a 22.2% revenue growth in its recent fiscal year.
Retail chain DALI Stores received $10 million from ADB last week.
Campana Group issued shares worth $16.6 million last week to existing shareholders.
Marketnode received capital from Euroclear last week.
Waste management firm Ideation3x has issued fresh shares to Unison Capital and others.
Indian edtech unicorn Eruditus has bagged capital from investors, including TPG.
Digital fashion solutions provider Browzwear has removed its co-founders from its board.
Health and fitness startup HealthifyMe issued shares to LeapFrog, Khosla Ventures and others last week.
Chitose Bio Evolution has bagged funding from Japanese company Toppan Holdings.