Greater China
Post-financing, the firm will see its registered capital change to $779m from $630m, per the filing.
Asset manager Value Partners said to have laid off a third of China staff
Bahrain's Investcorp to buy NSE's IT arm for $120m in India push
Indonesia's Bukalapak hits positive adjusted EBITDA for first time in Q1
Indonesian tech giant GoTo's losses narrow as revenue jumps in Q1 2024
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
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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
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Editor’s take: The week that was — April 22-27
Thailand
Betagro Ventures will back early-stage startups and also undertake venture building of new businesses.
Malaysia
Blue Chip founder says $209m fund helps country’s semiconductor industry.
India
The firm has 23 active investments in its India portfolio
Singapore
ShopBack is launching a mobile app and website tailored for New Zealand.
Flashaid has raised $2.5m in its pre-Series A funding round, while Boba Bhai has raised about $1.5m in seed funding.
Vietnam
Other participating investors included Touchstone Partners, East Ventures, and Saison Capital.
Rebright Partners, NB Ventures, ALES Global, Stride Ventures, and CAC Capital also participated in the fundraise.
AIsphere is one of the Chinese challengers of OpenAI’s text-to-video model Sora.
The firm sealed a $43m Series C round in March 2023, followed by a strategic investment round last August.