IPOs & Markets
Grab rival deepens domestic focus with new services and AI investment.
1
Small biotech firms quicker to 'latch onto' AI than big ones: Tencent's Alex Ng
2
Himalaya Wealth Managers launches SME fund, eyes $52m corpus
3
EQT, Google Cloud join hands for AI rollout
4
South Korean government-led fund to invest $533m in FuriosaAI
5
HDFC Capital ropes in Development Bank of Japan as LP for real estate PE fund
More Stories
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EQT veterans appointed as co-heads for Asia private equity business
India: Healthworld Hospitals ropes in Merfin Advisors to raise $25m amid Tier II push
Vietnam’s Pharmacity secures growth capital from LeapFrog Investments
Deals
The fund is a blended finance vehicle with a target size of $750 million.
Analysis
Orders fulfilled through quick commerce networks made up 3.4% of SE Asia’s e-commerce GMV last year.
People
Tambunlertchai will lead the bank’s commercial banking growth strategy in Thailand.
Venture Capital
Stellaris Venture Partners and Plug and Play Ventures also backed the round.
Proceeds from the latest round will support Konvy’s expansion across SE Asia.
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
inDrive New Ventures has injected $4.4m into Singapore-based restaurant-tech startup Tablevibe.
The startup also operates in Indonesia following regulatory approval last year.
It aims to invest in key sectors such as climate tech, manufacturing and supply chain, and health tech.
