Private Equity
Six SE Asia-focused funds closed in 2023, raising $2 billion in new capital.
Musk's AI startup xAI to launch enhanced version of chatbot
PE firm Capsquare Asia said to be eyeing full exit from IDX-listed Champ Group
Global M&A activity bounces back in Q1 but APAC deals slump
India: Zepto-backer Alteria Capital closes venture debt fund at $195m
Taiwan's Shin Kong Life disposes of stake in Warburg Pincus, four other PE funds
More Stories
India: Former Premji Invest execs-led PE firm Trident Growth eyes $250m debut fund
Vietnam-based PE firm Mekong Capital testing new waters for future growth
HSBC launches $1b ASEAN growth debt fund and $150m SG venture debt fund
SE Asia-focused PE funds salvage 2023 performance with strong H2 fundraising
SG’s Fractional aims to deliver more brand bang for startup’s buck
Venture Capital
500 Global anchored Applecrumby’s growth funding.
Deals
The sale reduced Ekuinas’ stake in ICON to 5.8%.
In 2022, Bintang partnered Singapore-based PE firm Caldera Pacific to penetrate the Vietnamese market.
AnyMind Group has made nine acquisitions globally in total in seven years.
The pension fund will make the investments through Gobi Partners.
This edition presents a recap of top developments from investors and startups in Asia.
The funding will help Hinduja Tech augment its existing capabilities in R&D through both organic and inorganic routes.
People
Chan will also be taking up the mantle of group president.
Singapore-headquartered digital banking group Tyme Group has received a fresh capital injection from a PE firm.