India
Blacksoil also exited 11 investments during the quarter.
1
Japan energy startup Sustech's valuation jumps over $800m in latest funding round
2
Goldman-backed biotech company Septerna raises $288m in US IPO
3
Rigaku shares slump in market debut after $863m Japan IPO
4
Malaysia's KWAP invests $50m in offshore wind vessel operator Cyan Renewables
5
Nasdaq’s clampdown could drive Chinese penny stock firms back home
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India’s central bank introduced new norms in 2022 that require large NBFCs to be listed by Sept 2025.
There were just four M&A deals in Q3 2024, compared with eight in Q3 2023.
Indonesia
The company reported a net loss of $14.3 million for the year ended Dec 31, 2023.
Singapore
This is the company’s first round of external funding.
Late-stage firms feel emboldened to ask for higher valuations that match that of listed peers.
Northern Arc Investment Managers claims that it has had four successful fund exits.
Thailand
Dusit’s food business revenue grew 33% YoY in Q1 2024 to $50m.
Rest of Asia
KIC’s new CEO Il Young Park starts his three-year term on Thursday
Tribe Capital has been so far investing in India through its three global venture funds.