World
The fund manager has asked that the deadline be shifted to Oct 15 from Sept 30.
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
TikTok's rise in Southeast Asia spells trouble for US rival Snapchat
US readies rules to prevent China from cashing in on $52b chip funding
PE giant KKR asks Telecom Italia to extend deadline for grid bid
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Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Bold cash burn helps TikTok nearly triple 2022 revenue in Asia but losses widen
Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs
Indonesian fintech startup Finantier said to have shut down
India
Existing investors Aavishkaar Capital, Chiratae Ventures & Trifecta Venture Debt Fund also participated.
The investment will help the Pantaloons owner fund its acquisition of clothing brand TCNS.
Ambani has been fast expanding his media and entertainment empire.
Manipal Health reportedly bought the controlling stake for about $276.5 million
Singapore
The round takes the insurtech unicorn’s total Series B funding to $246m.
Indonesia
Online grocery platform Segari issued shares to investors, including SIG and Argor Capital, this week.
Rest of Asia
JIP gained 78.65% of Toshiba through the tender offer.
TotalEnergies already owns about 20% of Adani Green.
The company plans to sell its activities in Singapore, Malaysia, the Philippines and Thailand.
