Venture Capital
DALI is raising more than $60m while CarDekho is targetting $30-40 million.
1
Australian retirement fund ART to buy $576m stake in Westfield Sydney mall
2
US bars approvals of new models of China's DJI, other foreign drones
3
China jails Zhongzhi Enterprise's ex-chairman for illegally taking public funds
4
Amova Asset Management takes controlling stake in Malaysia’s AHAM Capital
5
Bridgepoint partners S64 to launch open-ended evergreen PE fund
More Stories
General Atlantic acquires majority stake in Indonesia’s Sociolla
Vietnam VC enters discipline-first era as investors get selective
PE giant Carlyle to acquire KFC’s S Korea business
Hillhouse’s Samty launches $500m multifamily asset fund
Consumer platforms DALI, CarDekho SEA eye fresh funding
Deals
Asian Terminals is voluntary delisting from the Philippines bourse.
Penguin Securities raised $2.6 million in fresh capital last week.
The investment brings Etaily’s total funding to over $24 million.
The round’s backers also included Plio Limited, existing shareholder Altara Capital, and Tonik’s management.
HeyMax issued new shares worth $6.7 million last week.
Tether has invested an additional $10 million in the Singapore-based mobile payments startup.
Eluvo had been largely bootstrapped until now.
Analysis
Mixed-gender leadership teams captured two-thirds of the private capital raised since 2020.
The proposed loan is a US dollar-denominated five-year, senior unsecured facility.
