India
Exfinity Venture Partners and Arkam Ventures co-led Eccentric Engine’s funding round.
1
India Digest: TyrePlex, Eccentric Engine, Sarla Aviation raise funding
2
Asia Digest: Grab, BYD ink partnership; MAKA Motors launches Cavalry
3
Hissa launches $35m fund to support ESOP liquidity for Indian startups
4
Malaysia's Yinson Holdings secures $1b funding for oil & gas parts arm
5
BDx seeks to open a dozen more data centres in Indonesia
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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
PE major EQT anchors Cornerstone Robotics’s $70m funding
Singapore sovereign wealth fund GIC’s CIO said to be stepping down
Indonesia
The partnership extends across Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
Malaysia
The proceeds come ahead of Yinson Production’s initial public offering.
BDx is an Asia Pacific data centre operator backed by US-headquartered infrastructure investor I Square Capital.
Northern Arc has already raised $65m in debt commitments for the fund.
Rest of Asia
The bank will invest up to $5b in Applied Digital’s AI data centres.
Embassy Group, which owns a 73% stake in WeWork India, invested in the rights issue.
Siloam is an existing tenant and operator of First REIT’s hospitals in Indonesia.
Endowus clocked $14.7 million in revenue in 2023, a 140% increase year-on-year.
World
Xingchun Wang has bought nearly 158.3m Star shares between September and Jan. 10.
