Venture Capital
In 2022, Fortune Capital made over 70 investments - in 70% of that, it served as the lead investor.
Q & A
The fund, which is focused on women-led enterprises, aims to make eight to ten investments.
Firm plans to tap LPs in the Middle East.
Analysis
IPOs & Markets
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Singapore
Last year, it pledged $50 million to Singapore-based Crescent Point Group’s third fund.
Greater China
PSG, which is in the market to raise a $6.5 billion fund, plans to tap growth-stage deals.
World
The round was anchored by PE firm Indigo Partners.
Rest of Asia
The investment is EMIA's second from its third vehicle, the ASEAN Frontier Markets Fund (AFMF).
Venture deals by value, at $27.2 billion as of May 30, dropped to the lowest since 2020.
Insider has now raised $274 million in external funding.
Indonesia
An entity linked to Tencent is said to be among the investors.
India
With the new funds, Pixxel plans to launch six satellites in 2024.
The company hopes to become a 5 GW platform over 3-4 years.
Hong Kong's new regulations will allow retail trading as soon as the second half of 2023.
Allocations to Greater China fell to 23% in 2022, from 40% in 2021.
The arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May.
SoftBank has seen its shares gain 17% since last week's close.
Lenders can now sell the term B loan securities.
The firm had received an in-principle approval for its DPT services from MAS in June last year.
India imposed the 40% solar panel import tax in April 2022 and a 25% tax on solar cells
Kumar will work with Ashish Shastry, who heads SE Asia and co-heads the firm's APAC PE business.