Malaysia
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Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs
Indonesian fintech startup Finantier said to have shut down
World
The spilt is expected to finalise by March 31, 2024.
The fund will allocate RM250 million, or 50% of the corpus, for direct investments into startups
India
Manipal Health reportedly bought the controlling stake for about $276.5 million
The Japanese fund has invested in 27 companies in the country so far.
If talks fructify, this would be Amazon’s second deal in the $26b+ Indian beauty and personal care market.
Indonesia
Sources indicated the company was struggling with cash management.
The Series A funding round was led by Peak XV Partners and Elevation Capital.
Shivam Autotech is the 16th investment by Modulus Alternatives.
Greater China
London-based HSBC would also invest $100m in Breakthrough Energy Catalyst.
