Deals
AI behaviour aggregator SQREEM Technologies has acquired digital advertising platform TotallyAwesome.
Axiata, Sinar Mas confirm talks for $3.45b Indonesian telecom merger
Mekong Capital invests $5m in Cambodian biofertiliser firm HUSK
Malaysia Airports to be taken private by consortium led by Khazanah, EPF
Accion launches $152.5m fund to back financial institutions serving small businesses
Indian insurer Go Digit raises $141m from anchor investors ahead of IPO
More Stories
Sea’s e-commerce growth rides on ramp-up in live streaming and logistics efforts
Indonesian health food maker Lemonilo explores fundraising, may seek buyer
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
Sea Ltd dives into losses in Q1 2024 despite strong revenue growth
Masan is reducing interest in non-core businesses.
Analysis
Sea’s revenue and adjusted EBITDA in Q1 2024 topped analysts’ estimates.
Venture Capital
Other investors backing the round include Thia Ventures, SOSV, Entrepreneur First, and NUS Technology Holdings.
People
The VC firm, called Alyxis Venture Partners, is seeking to raise $150 million for its debut fund.
Atlan has received funding from Singapore wealth fund GIC, Meritech Capital, Peak XV Partners and others.
On a year-on-year basis, the funding value dropped by about 69% from April 2023.
A growing lending gap has also emerged as an attractive opportunity for private investors.
Backed by government, hardware makers grow amid labour crunch.
IPOs & Markets
Super Hi is looking to raise about $57.5 million by offering nearly 2.7 million ADS at $21.35 apiece.