Venture Capital
Blue Chip founder says $209m fund helps country’s semiconductor industry.
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
PayU leads $5m funding in BRISKPE and India deals worth $93m
Indonesian media firm DailySocial lays off entire workforce amid "transition"
IFC mulls $60m investment in Indian shadow lender Five Star
More Stories
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
Editor’s take: The week that was — April 22-27
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Deals
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Policy & Regulations
Expedited passes for VCs and unicorns, were among the announcements.
Analysis
As part of the merger, long-haul airline AirAsia X will take over Capital A’s aviation business.
A non-binding agreement may be reached in the coming months.
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
People
Fernandes said the company’s board requested him to stay on.
The bank reportedly plans to launch a debit card by the end of this year.
The Hive Climate Al and China Galaxy Securities, meanwhile, are set to launch their funds in the country.
Rahman will join Malaysia’s largest asset manager PNB as new president and group CEO from July 1.