Private Equity
Three K-12 schools are being transferred into the new fund.
1
Insurtech platform Zopper snags $25m co-led by Elevation, Dharana Capital
2
US hedge funds pile into China's JD.com, GDS: Goldman
3
OneCell Diagnostics raises $16m led by Celesta Capital and other India deals
4
Here are our top headlines from October 2024
5
Manulife unit gets new Asia head amid job cuts
More Stories
Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Indonesian VC Ideosource winds down after over a decade
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed Tuya
Singapore’s Capitaland Investment to buy initial 40% stake in SC Capital Partners
Canva-backer AirTree Ventures raises capital for two new funds
IPOs & Markets
The country recorded 46 listings which raised a total of $1.5b in 10M 2024.
Deals
ZICO has business operations in Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand, and the Philippines.
Existing backer MTDC and new investor Leave a Nest Capital joined the round.
DBS is exploring a purchase of Singapore state investor Temasek’s 29.1% stake in Alliance Bank Malaysia Bhd.
Analysis
The firm is gearing up to open an office in Vietnam next year.
Reaching 50 listings would mark the largest for the country since 2005.
Move to promote integration effects in the Malaysian semiconductor sector.
Venture Capital
It has partnered with Singapore’s Ascent and CCV of Indonesia.
This investment aligns with Khazanah’s Dana Impak initiative.