Analysis
Budget chain aims to increase properties to 8,000 over next few years.
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
Asia PE-VC Summit 2023: The Middle East is in a position to spur investments in Asia
TikTok's rise in Southeast Asia spells trouble for US rival Snapchat
US readies rules to prevent China from cashing in on $52b chip funding
PE giant KKR asks Telecom Italia to extend deadline for grid bid
More Stories
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Bold cash burn helps TikTok nearly triple 2022 revenue in Asia but losses widen
Malaysian pension fund KWAP launches $107m vehicle to invest in startups, VCs
Indonesian fintech startup Finantier said to have shut down
Asia PE-VC Summit 2023
Panellists at the Asia PE-VC Summit 2023 discussed frontier markets’ potential and exit concerns.
Venture Capital
The vehicle is positioned as the first and only student venture fund in the country.
Parallax helps freelancers accept near-instant international payments at cheap rates.
Deals
Financial services firm Sygnum received capital from parent Sygnum Bank last week.
BNM is set to approve the applications of four more digibank consortiums by April 2024.
Online grocer Zepto received capital last week from StepStone, Nexus Venture Partners and others.
The round was co-anchored by consumer tech VC funds TEN13 and Goodwater Capital.
CTOS now owns 100% of the Philippine-based credit scoring company.
In Taiwan, the Gogoro Network supports nearly 550,000 riders.
