India
IFC, Evolvence India, HDFC AMC’s Fund of Funds, and several family offices participated in the round.
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
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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
Avaana Climate and Sustainability Fund is eyeing a corpus of $120 million.
Singapore
“The reasonable timeline means asset managers are unlikely to view this as a regulatory burden.”
Singapore will invest SG$1 billion over the next five years to strengthen talent and industry development in AI.
Smaller towns and cities are consequently seeing a rise in employment and disposable incomes.
Greater China
The firm has invested in four Chinese companies since opening its Shanghai office in 2022.
The Seviora T3F Strategy fund has already invested $17m in India’s Country Delight.
responsAbility, along with KfW and FMO, launched a $500m climate investment strategy last November.
World
The Swiss impact investor emerged as one of the most active dealmakers in the sector last year.
The vehicle will invest in modern logistics services, and innovative new energy companies, among others.