India
The company is seeking to fill sales, legal, and back office jobs in India.
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
Malaysia
Carsome is also ready for an IPO but is in no rush to list, said Eric Cheng.
The company has offered to repay $300m within three months.
Singapore
Ben Wanamaker of General Atlantic will take over as CEO from Kuldeep Singh Rajput.
Apollo.io raised $110m in its Series C round led by Sequoia Capital in March 2022.
The Series E round, led by StepStone Group, valued the firm at $1.4b.
Indian unicorns raised $7.78 billion in the same period in 2022
Tiger Global-backed Spinny has merged its budget and luxury platforms to put a lid on expenses.
Indonesia
Traveloka’s fintech business also showed meaningful growth in the year.
Employee compensation was the biggest contributor to Nium’s expenses, swelling over 87%.
