Deals
Its revenue surged 38.9% year-on-year to $139.3 million in 2024.
1
Indonesia to double capital threshold for securities firms, some asset managers
2
Accel raises $5b fund to back AI, late-stage startups globally
3
EQT restarts sale of Chinese contact lens maker Ginko
4
India Digest: The Hosteller, Aliste Technologies bag funding
5
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
Thailand and Malaysia led growth with GMV surging 51.8% and 47.6%, respectively.
Analysis
Funding news, exclusive interviews, earnings reports, and much more in this edition.
DALI Stores has issued $36m worth of new ordinary shares to its largest shareholder.
Private Equity
General Atlantic retains a minority stake of about 1.6% in the company.
Venture Capital
Foxmont looking to tap a higher-value segment of the country’s chip industry.
The lender achieved a positive operating margin before provisions in Feb.
UBS is advising on the transaction.
Green Xentro’s parent and Green GSM had signed an MoU in Oct 2025.
Interviews
Maharlika is adopting a due diligence framework more typical of international markets
