Greater China
The deal marks the fourth transaction of Azuremount WH, which has deployed almost $20m so far.
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
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
PayU leads $5m funding in BRISKPE and India deals worth $93m
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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
India
AdaniConneX had raised $213m last year to fund data centres under construction.
Apollo 24/7 is part of Apollo HealthCo, a subsidiary of Apollo Hospitals.
Malaysia
Expedited passes for VCs and unicorns, were among the announcements.
Premium features are seen in EVs as cheap as $20,000.
Singapore
ShopBack is launching a mobile app and website tailored for New Zealand.
Vietnam
Other participating investors included Touchstone Partners, East Ventures, and Saison Capital.
Once hailed as a rising star from SE Asia, the startup had raised over $310m from marquee names.
HealthQuad, Somerset among others raising healthcare-focused funds in the country.
Qashier wants to expand its offerings across SE Asia and beyond the region.