IPOs & Markets
The company has previously said it expects to raise about $100 million from the IPO.
Malaysia extends tax incentives for VCs, angel investors to 2023
China Digest: Sequoia leads $16m round for Alfilo; ZhenFund backs SaaS firm USP
Vietnam’s Bamboo Airways eyes $1b market cap with listing next year
People digest: Taubman appoints new Asia president; MoFo adds HK partner
Netmarble eyes diversification with proposed Woongjin Coway deal
Sequoia Capital announces 20 startups for accelerator Surge’s 2nd batch
PE firm Navis Capital acquires Malaysian durian company Hernan
SoftBank urges portfolio companies to focus on profitability first, IPOs later
LGT Capital hits final close of fourth Asia-focused PE fund at $1b
Asia PE-VC Summit 2019: Grab’s Tan Hooi Ling on super app ambitions & IPO plans
Vietnam-based food alternative provider Cricket One has raised an undisclosed sum led by 500 Startups and Singapore-based Masik Enterprises.
VOF alone will invest $17 million for an undisclosed stake.
Forced by competition and the inability to burn cash to gain scale, the new entrants are tweaking their strategies.
Vietnam-based edtech startup MindX has raised funding from ESP Capital while Jakarta-based TouchTen has raised capital from Prasetia Dwidharma.
For many South Korean VCs, investing in Southeast Asia is no longer a matter of preference, but a necessity.
The number of exits in 2018 in the burgeoning technology sector jumped to 14 from three in 2017.
Last year, Vietnam recorded one of the busiest IPO seasons in SEA, clocking five IPOs worth $2.6 billion.
The company is also weighing options for a proposed IPO in the domestic market.
The latest vehicle is bigger than its predecessor Mekong Enterprise Fund III that had a corpus of $112.5 million.
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