IPOs & Markets
This is lower than the record 234.5b pesos raised through IPOs in 2021.
Indonesian MSME enabler Majoo raises $10m in Series A funding
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
The LP View: PTT banks on its VC network for seamless due diligence
Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
More Stories
JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
Venture Capital
Gentree Fund, Kickstart Ventures, Foxmont, Innoven, and Robinsons Retail also invested.
Deals
Globe agreed to lease back the towers for an initial period of 15 years.
Grab Philippines has acquired local motorcycle taxi firm MOVE IT’s business operations.
Reefknot Investments led the round with a $4m investment
Private Equity
Warburg invested $225m for a 29% stake in Converge in 2019.
Policy & Regulations
GoTyme is one of the six digital banks that received licence in the Philippines.
The investment raises Creador’s total commitment to UNOAsia to $21m
Under existing loan terms, Udenna’s default in one debt could mean a default in other liabilities.
People
The layoff affected the remaining team of 19 people in the country
