Singapore
The oversubscribed round roped in Bitcoin-focused VC firm Fulgur Ventures as a cornerstone investor.
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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
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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
Greater China
CNCB Investment and Choice Capital joined the round.
Indonesia
eFishery’s troubles have dented the optimism surrounding local startups.
The new deal comes less than 11 months after Chunqing secured $100m.
Legend Capital re-upped in the fresh round.
The Series D funding was led by Brazil’s Nubank.
The Indonesian unicorn’s board has also picked a new CEO and CFO.
India
The fresh infusion has valued the Mumbai-based company at $1.4 billion.
For the year ended Dec. 31 2023, the company’s top expense was employee benefits.
Thailand
aCommerce is looking to scale beyond the region and enter new geographies.
