Venture Capital
Post-financing, the firm will see its registered capital change to $779m from $630m, per the filing.
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
IFC said the funds will be split between KB Kookmin Card’s subsidiaries in these countries.
BRISKPE claims to simplify global payments for MSMEs.
Analysis
The company is not shutting down its entire operations, CEO Rama Mamuaya told DealStreetAsia.
The debt investment will help the KKR-backed company grow its business loan portfolio
Thailand
Betagro Ventures will back early-stage startups and also undertake venture building of new businesses.
Rest of Asia
A potential deal would help KKR further expand its investment management footprint in Australia.
Greater China
The deal marks the fourth transaction of Azuremount WH, which has deployed almost $20m so far.
Singapore
The multilateral development bank counts South & SE Asia, and Central Asia among its core emerging markets.
India
Forus is backed by Accel Partners, Asian Healthcare Fund, Chiratae Ventures, and TEAMFund.