The Hibiscus Fund-backed firm plans to launch new products and double down on marketing.
Asia PE-VC Summit 2023
US-China tensions have put the Middle East in a “block-less” and “balanced” position.
The American social app taps e-commerce despite potential Indonesia headwinds.
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Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
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The company aims to grow its real estate AUM to $500m by 2024.
Rest of Asia
The deal puts the 148-year-old electronics-to-power stations maker in domestic hands.
The PE firm plans to build a portfolio of about 12-15 companies.
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
The company is seeking to fill sales, legal, and back office jobs in India.
The fund manager has asked that the deadline be shifted to Oct 15 from Sept 30.
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.
A viable cold storage EV could be a lucrative niche for Singauto in the Chinese EV market.
TikTok's e-commerce division's revenue rose to $180m in 2022, from $1.8m in 2021.
VNG had officially filed for the IPO last month.
The landmark “Chips and Science” law provides $52.7b for US chip production and R&D.
Foreign lessors have been locked in a legal tussle to repossess their aircraft.
The consortium includes energy firm Adaro and conglomerate Astra International.
Iyer will take over as CFO on Sept. 22.