Private Equity
The three funds are dedicated to private credit, social infrastructure, and data centres.
India Digest: Flashaid, Boba Bhai raise funding
Singapore's Keppel set to raise over $2.7b across three funds this year
Vietnam-based Masan’s FMCG unit weighs IPO among fundraising options
SEA Digest: TVM Capital Healthcare invests in neurocare; Saison Investment Management backs BillEase
India: JioCinema heats up streaming competition by cutting subscription prices
More Stories
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
Indonesian B2B commerce startup Sinbad set to merge with brand aggregator Tjufoo
More LPs are looking at structured approach to impact assessment, says ABC Impact exec
Healthcare funds looking to cash in on India’s ageing population, higher disposable income
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
Deals
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Vietnam-based edtech startup Prep has closed a Series A round.
Analysis
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
People
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
The PE firm aims to raise $520 million for the sixth fund by the end of 2024.
“For us, impact is intricately linked with the financial performance of the business.”
Dhawan will continue to be Citi’s head of emerging corporates for Asia.
Qashier wants to expand its offerings across SE Asia and beyond the region.
Earnings and Results
Atome BNPL turned profitable in Q1 2024.