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E-Commerce & Internet Economy Technology Real Estate and Infrastructure Financial Services Social Infrastructure Deals Barometer

Indonesia's construction tech startups clinch early-stage deals as investors spot promise

Indonesia's construction tech startups clinch early-stage deals as investors spot promise

Only 1% of transactions in the sector are captured digitally.

Sovereign wealth funds from Asia Pacific top Global SWF’s sustainability rankings

Sovereign wealth funds from Asia Pacific top Global SWF’s sustainability rankings

Temasek, Future Fund, and NZ Super Fund top the scorecard.

Tech-focused Indian VC Iron Pillar in talks to raise $400m for second fund

Venture Capital

Tech-focused Indian VC Iron Pillar in talks to raise $400m for second fund

The firm is looking to invest in startups that are built in India for the global markets.

Editor's take: The week that was — June 27 - July 2

Editor's take: The week that was — June 27 - July 2

Crypto lender Voyager Digital suspends withdrawals, deposits

Crypto lender Voyager Digital suspends withdrawals, deposits

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Private Equity

Japanese pension giant GPIF records $16b Q4 loss on stock slides

Japanese pension giant GPIF records $16b Q4 loss on stock slides

The fund is closely watched by global financial markets because of its mammoth size.

US-based LaSalle raises $1.29b so far for latest Asia buyout fund

US-based LaSalle raises $1.29b so far for latest Asia buyout fund

The fund is said to be looking to raise $1.5b.

US pension fund Mass PRIM commits $150m to Sequoia China funds

US pension fund Mass PRIM commits $150m to Sequoia China funds

The commitment will be split to four funds.

Venture Capital

Tech-focused Indian VC Iron Pillar in talks to raise $400m for second fund

Tech-focused Indian VC Iron Pillar in talks to raise $400m for second fund

The firm is looking to invest in startups that are built in India for the global markets.

Weekly roundup: Philippines-focused yufin scores $1m funding and other SE Asia deals

Weekly roundup: Philippines-focused yufin scores $1m funding and other SE Asia deals

Mastercard chief marketing and communications officer Raja Rajamannar backed the funding round.

Go-Ventures said to be closing $200m second fund in Q3

Go-Ventures said to be closing $200m second fund in Q3

Gojek will contribute 20% as anchor LP with the remaining coming from external investors.

Q & A

IPO-bound Thai firm aCommerce aims for net profitability latest by 2023

IPO-bound Thai firm aCommerce aims for net profitability latest by 2023

Heartening to see more women in entry-level roles at VC funds: Venturi Partners MD Rishika Chandan

Heartening to see more women in entry-level roles at VC funds: Venturi Partners MD Rishika Chandan

Bukalapak sees hope as Indonesians may seek smaller products to beat inflation

Bukalapak sees hope as Indonesians may seek smaller products to beat inflation

Ascend Vietnam Ventures closes debut fund at over $50m

Ascend Vietnam Ventures closes debut fund at over $50m

Deals

Klarna looks to raise cash at truncated $6.5b valuation from Sequoia, others

Klarna looks to raise cash at truncated $6.5b valuation from Sequoia, others

It had commanded $46b valuation in June last year.

SoftBank's Fortress offers $1.5b to buy Japanese department store Sogo & Seibu

SoftBank's Fortress offers $1.5b to buy Japanese department store Sogo & Seibu

Fortress has obtained the first refusal right in the acquisition of Sogo & Seibu.

Crypto lender Voyager Digital suspends withdrawals, deposits

Crypto lender Voyager Digital suspends withdrawals, deposits

The company had recently issued a default notice to Three Arrows Capital.

Analysis

Israel's EToro to abandon deal to go public via SPAC merger: report

Israel's EToro to abandon deal to go public via SPAC merger: report

eToro and FinTech Acquisition Corp V are planning to let the deadline for their merger pass.

Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting

Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting

Miniso will take in upto $100m from the listing.

Duty free store operator China Tourism aims for $2-3b Hong Kong listing

Duty free store operator China Tourism aims for $2-3b Hong Kong listing

China Tourism had aimed to raise about $6b in HK last year.

Opinion

Vantage Point: Adopting hybrid approach is winning formula for edtech startups in Indonesia

Vantage Point: Adopting hybrid approach is winning formula for edtech startups in Indonesia

Vantage Point: Tech layoffs should be viewed in response to changing business landscape

Vantage Point: Tech layoffs should be viewed in response to changing business landscape

Vantage Point: GoTo bounces back on Q1 numbers, visibility on fundraising and index inclusion

Vantage Point: GoTo bounces back on Q1 numbers, visibility on fundraising and index inclusion

Vantage Point: BliBli’s potential IPO is an interesting proxy for middle-class Indonesia

Vantage Point: BliBli’s potential IPO is an interesting proxy for middle-class Indonesia

Policy and Regulations

TikTok says working on deal with US government to safeguard user data

TikTok says working on deal with US government to safeguard user data

TikTok has completed migrating US user data to Oracle's servers.

China cyberspace regulator cracks down on counterfeit investment platforms

China cyberspace regulator cracks down on counterfeit investment platforms

The CAC has investigated and cracked down on some 42,000 counterfeit apps since the start of this year.

China's Tencent, Ant Group ink pact to stop secondary trading of NFTs

China's Tencent, Ant Group ink pact to stop secondary trading of NFTs

China does not have clear rules around NFTs.