Greater China
The Series D+ round was led by GTJA Investment Group and state capital investor Kingray Capital.
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India
It raised $20 million in its Series B equity funding in 2022.
Singapore
9Basil Group will boost AlteriQ’s investment capacity with a $50m capital infusion.
Sectors such as IT and healthcare provide opportunities for private credit to step in, says SJ Lim, MD, Asia Credit, KKR.
Indonesia
A hybrid capital solution will also offer INA more flexibility in terms of investments, said Christopher Ganis.
Hang Seng Bank has set no cap for these loans.
The ASEAN Growth Fund will focus on cashflow-generating startups.
If this deal goes through, it will change the landscape of the performing credit market in the region.
Currently, mPokket’s customer base stands at around 24 million.
Earlier this month, the firm also launched its maiden private equity fund.