Deals
The partnership extends across Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
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India: Climate-focused deep tech startup Ecozen bags $23m from responsAbility, others
2
India Digest: TyrePlex, Eccentric Engine, Sarla Aviation raise funding
3
Asia Digest: Grab, BYD ink partnership; MAKA Motors launches Cavalry
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Hissa launches $35m fund to support ESOP liquidity for Indian startups
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Malaysia's Yinson Holdings secures $1b funding for oil & gas parts arm
More Stories
TPG said to have closed investment in Asian flower business Hasfarm Holdings
Indonesian AI startup Bythen secures $5m funding led by Vector Inc, Skystar Capital
Vietnam-based PE firm ABB closes second fund at $70m
Indonesian fintech startup Skor Technologies secures $6.2m funding led by Argor Capital
CVC-backed Siloam Hospitals eyes First REIT’s hospital assets in Indonesia
Interviews
The firm has made two investments from its new fund.
Venture Capital
Jungle Ventures is said to have made the first close of Fund V and hit half of the fundraising target.
Policy & Regulations
That’s up from a figure of 1,650 Chee shared in September last year.
Unicorns
The oversubscribed round roped in Bitcoin-focused VC firm Fulgur Ventures as a cornerstone investor.
Endowus clocked $14.7 million in revenue in 2023, a 140% increase year-on-year.
Analysis
City-state faces growing competition from Thailand and the Philippines
It will use the proceeds to support its growth and expansion into key global markets.
People
Jaensubhakij, who took up the role of CIO in 2017, is expected to be succeeded by deputy group CIO Bryan Yeo in April.
Krishnan will be replaced by Lewis Ng effective March 2025.
