Venture Capital
Jungle Ventures is said to have made the first close of Fund V and hit half of the fundraising target.
Indonesia PE-VC Summit 2025
The action-packed agenda features 10 insightful sessions
Deals
Northern Arc has already raised $65m in debt commitments for the fund.
1
India: Climate-focused deep tech startup Ecozen bags $23m from responsAbility, others
2
India Digest: TyrePlex, Eccentric Engine, Sarla Aviation raise funding
3
Asia Digest: Grab, BYD ink partnership; MAKA Motors launches Cavalry
4
Hissa launches $35m fund to support ESOP liquidity for Indian startups
5
Malaysia's Yinson Holdings secures $1b funding for oil & gas parts arm
More Stories
TPG said to have closed investment in Asian flower business Hasfarm Holdings
Indonesian AI startup Bythen secures $5m funding led by Vector Inc, Skystar Capital
Vietnam-based PE firm ABB closes second fund at $70m
Indonesian fintech startup Skor Technologies secures $6.2m funding led by Argor Capital
CVC-backed Siloam Hospitals eyes First REIT’s hospital assets in Indonesia
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Greater China
The fund is expected to hit the final close in Q2, with a final target size of at least $273m.
Vietnam
The investment has facilitated Lombard Asia's exit.
India
PAG has also signed definitive documents to invest in Manjushree Technopack.
The fund has closed below its initial target of $100 million.
World
Under the offer, Insignia shareholders will receive A$4.30 per share.
Indian healthcare accounted for 26% of the PE deal volume in APAC.
The investment was from Strategic Situations Fund II.
Singapore
Indonesia
The pre-Series A round also saw participation from existing investors QED Investors and Saison Capital.
The round also saw support from prominent investors such as East Ventures, BEENEXT, OSK, and AppWorks.
The round also saw participation from Titan Capital Winners Fund, Global Growth Capital, DEVC, and existing investors.
Qiming Venture Partners and Alpha JWC Ventures also participated in the round.
SEA startups sealed the lowest quarterly deal volume in over six years in Q4 2024.
Climate tech investments in Southeast Asia cooled off in 2024, mirroring a broader recalibration in private markets.
The report delves into SE Asia's logistics sector, including its current landscape, capital flows, challenges, and exit strategies.
Can EVs become a mainstream choice in Indonesia—on time?
Endowus clocked $14.7 million in revenue in 2023, a 140% increase year-on-year.
AC Ventures has emerged as the largest shareholder in Soul Parking, with a 29.9% stake.
Myanmar
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
Eureka Robotics has raised $10.5 million in fresh funding from B Capital and others.
Malaysia
The launch marks a milestone for the country's growing private space sector.
It will shut off unless the SC intervenes.
Privately held firms raised almost $11 billion through 239 deals in Dec.
Rest of Asia
The firm has hastened plans to offload its non-core assets.
This is Woori's first late-stage deal in SE Asia.
The firm also improved its net profit margin last year.
Meituan posted a 22.4% rise in Q3 revenue, defying sluggish Chinese consumption.
Travel demand in China has shown signs of a recovery, though economic growth is sluggish.
The appointment would unite Citi's offshore and onshore teams for the first time.
Jaensubhakij, who took up the role of CIO in 2017, is expected to be succeeded by deputy group CIO Bryan Yeo in April.
Krishnan will be replaced by Lewis Ng effective March 2025.
