Deals
The merged entity will have a 25% market share in Indonesia’s telcom sector.
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India's IndusInd Bank names Santosh Kumar deputy CFO
2
India's Adani Ports buys Australian terminal Abbot Point in $2.5b deal
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China bans the terms 'smart' and 'autonomous driving' from vehicle ads
4
VietJet owes investment fund over $180m, rules London's High Court
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Blackstone raises over $4.4b in first close of new Asia fund
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Hong Kong’s NUO Capital to acquire Italian coffee pot maker Bialetti
This confirms a DealStreetAsia report last month that the firm was finalising a $5-10 million fundraise led by Clay Capital.
OnlinePajak has secured $2.8m through a new allotment of preference shares to existing investors.
Analysis
Deal volume fell by 43% and deal value slumped 46% YoY.
Private Equity
The fund, which is awaiting regulatory approval in Singapore, plans to launch after securing the licence.
Danantara and Qatar Investment Authority will each contribute $2b to the fund.
Venture Capital
The round was anchored by MSW Ventures through MWS V Asia Fund X.
Biobot has raised $8.5m through a new allotment of preference shares to existing investors.
Semaai last raised $4.7m over a year ago led by Tokyo-based CyberAgent Capital.
IPOs & Markets
The company raised about $21 million in fresh funds through the offering.
