Greater China
DBS bought 13% in the lender in Oct 2021 and raised it to 16.69% in Jan 2024.
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Vietnam B2B e-commerce startup Telio may have ceased operations
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India
The fund has secured commitments worth nearly 50% of its initial target.
World
The “log-jam” in deals that are not the biggest is likely to ease in coming months.
Singapore
EdenX will be a marketplace for SME M&As and capital-raising in APAC.
Indonesia
Their optimism comes after a year of sharp downturn in startup funding in Indonesia.
The companies had announced a plan to merge through a share swap in Sept.
The fund plans to make 12-14 investments, with an average ticket size of Rs 150–300 crore.
Hissa Fund I will invest in about 15-20 growth-stage startups.
Northern Arc has already raised $65m in debt commitments for the fund.
CoinDCX, backed by Pantera and Steadview, last raised $135m in a Series D funding round in 2022.
