By Ka Kay Lum
In a statement, Mighty Bear claimed the seed round is one of the largest in Southeast Asia.
CVC Capital Partners is also reportedly examining the bid while Singapore’s sovereign wealth fund GIC is among other potential bidders.
The data gives Toyota insight into fleet management as it develops services including futuristic concepts such as pay-per-use mobile restaurants.
Quantifeed says the Series B round will fuel its regional growth in Asia.
Singapore’s Allied Technologies has raised $18.6 million through a private placement to four investors
Tribe Theory, a REAPRA-backed operator of global hostels and hotel brands for startups and budding entrepreneurs, has expanded into Indonesia and India.
The net proceeds will be used for business expansion and supporting the growth of its e-commerce platform Shopee.
“For the PE landscape, the big LPs have learnt from the GPs, and they are beginning to write their own terms, and one of the first things they seek is co-investments. While this has been around for a long time, it is increasingly the case with the more sophisticated LPs – they are almost competing with GPs, they are also having a say in the deals the GP does,” Leahy said.
With the Ropemaker Place deal, Ho Bee Land’s investment portfolio in London now stands at $1.7 billion.
With this, the fintech app Toss parent has secured a total funding till date of $116 million.