AC Ventures, Quona Capital, BRI Ventures, and Xendit participated in the round.
Indonesian MSME enabler Majoo raises $10m in Series A funding
India's Yulu Bikes in talks with Canada's Magna to raise funds for new battery entity
India, SE Asia are global bright spots for growth, says General Atlantic's Sandeep Naik
The LP View: PTT banks on its VC network for seamless due diligence
Bukalapak-backer Spiral Ventures targets to raise over $30m for fourth vehicle
JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
India, SE Asia are global bright spots for growth, says General Atlantic’s Sandeep Naik
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Yulu Bikes had raised $7m in debt funding from Magna in Dec 2021.
Nikkei Inc also increased its stake in Handshakes.
Exclusives, deal updates, interviews and more
Rest of Asia
Partners Group is the second-largest life insurance company in New Zealand.
Leon Li’s stake sale would value Huobi between $2-3 b
Norwest Venture Partners will also come in as a new investor in the deal
The acquisition comes more than two months after it raised $85m from a host of investors
Globe agreed to lease back the towers for an initial period of 15 years.
The deal comes months after it agreed to buy BHP Group’s 80% in the venture.