Deals
Uzabase Inc. has completed the acquisition of Singapore-based Sealed Network.
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Indonesia to double capital threshold for securities firms, some asset managers
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Accel raises $5b fund to back AI, late-stage startups globally
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EQT restarts sale of Chinese contact lens maker Ginko
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India Digest: The Hosteller, Aliste Technologies bag funding
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SoftBank raises $3.56b in bond sale to refinance debt
More Stories
Prosecutors seek 10-year jail term for eFishery co-founder
India: IFC in advanced talks to back LeapFrog-backed diagnostics firm
LIGHThouse Clinic bags funding amid Indonesia’s beauty boom
Cento Ventures leads $4.4m round in Indonesia’s Baskit to scale offline trade
SEA recommerce startup Kitar raises over $10m led by Source Code Capital
Analysis
Female-led startups secured 5.2% of total deal volume and just 2.1% of total capital raised in 2024.
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
Digital health platform Alodokter received fresh funding from MDI Ventures this week.
Here are the most significant private equity, venture capital and startup developments from the week that went by.
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
