Indonesia
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
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JD-backed GigaCloud Technology trims US IPO target to $28m
Philippine e-commerce startup edamama pockets $20m Series A led by Alpha JWC
Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too
Gaw Capital eyes real estate venture opportunities in Southeast Asia
Indonesian conglomerate Emtek mulls IPO for OTT platform Vidio
India
Yulu Bikes had raised $7m in debt funding from Magna in Dec 2021.
The investment firm is looking to invest $2b in India and SE Asia over the next two years.
Thailand
PTT has earmarked about $500 million for investments in tech companies and VC funds.
Singapore
The early-stage investor closed its third fund at $30 million in March 2022
Greater China
Taiwania seeks to raise $200m for the latest fund.
Nikkei Inc also increased its stake in Handshakes.
The police has, in recent months, cracked down on scams involving online trading and investment platforms.
The central bank vowed to further expand trials of the digital currency.
World
Carlyle announced last week that Lee would step down as CEO without a replacement lined up.