It had commanded $46b valuation in June last year.
Tech-focused Indian VC Iron Pillar in talks to raise $400m for second fund
Indonesia's construction tech startups clinch early-stage deals as investors spot promise
Sovereign wealth funds from Asia Pacific top Global SWF’s sustainability rankings
Klarna looks to raise cash at truncated $6.5b valuation from Sequoia, others
SoftBank's Fortress offers $1.5b to buy Japanese department store Sogo & Seibu
Heartening to see more women in entry-level roles at VC funds: Venturi Partners MD Rishika Chandan
IPO-bound Thai firm aCommerce aims for net profitability latest by 2023
GoTo seeks path to profitability as Gojek co-founder Kevin Aluwi steps back
Japanese pension giant GPIF records $16b Q4 loss on stock slides
Pakistan e-commerce firm 24SEVEN raises $6m in pre-Series A round
Rest of Asia
Fortress has obtained the first refusal right in the acquisition of Sogo & Seibu.
The company had recently issued a default notice to Three Arrows Capital.
The funding winter did not stop startups and GPs from announcing fundraising milestones this week.
Multiply Ventures, Marshot Ventures, and Veda VC also joined the round.
The Singapore-based firm is one of the highest-profile investors hit by the sharp sell-off in crypto markets.
24SEVEN currently has more than 2,500 resellers on board.
Cabin factor reached 70% last month.
The company has laid off all employees at its operations in India after failing to obtain regulatory approvals.
The consortium includes pension funds Australian Retirement Trust and Aware Super.