Deals
Its revenue surged 38.9% year-on-year to $139.3 million in 2024.
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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.
Interviews
It targets venture and growth strategies in blockchain and digital assets.
Venture Capital
The round also drew participation from Asia Partners, SMDV, and others.
The firm said to have reached out to PE and strategic investors to gauge interest.
Pegasus has invested in more than 30 companies in SE Asia.
The value-at-risk metric breached its 8% threshold on March 9.
The company’s post-money valuation stands at about $29.7 million.
