Deals
Healthtech startup Mesh Bio has issued new shares to Japanese trading and investment company Mitsui & Co.
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
China's XYuan Capital pools $138m to back early- to late-stage startups across NEV value chain
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
SE Asia-focused PE funds salvage 2023 performance with strong H2 fundraising
HSBC launches $1b ASEAN growth debt fund and $150m SG venture debt fund
SG’s Fractional aims to deliver more brand bang for startup’s buck
Venture Capital
StealthMole raised $7m in a Series A round led by Korea Investment Partners.
Private Equity
Six SE Asia-focused funds closed in 2023, raising $2 billion in new capital.
People
As many startups continue to downsize, fractional hiring has become a hot topic among founders and VCs.
The Indian firm Power will own the majority stake of 51%, while GIC will own the rest.
Private Credit
The ASEAN Growth Fund will focus on cashflow-generating startups.
TGV has also appointed Frank Desvignes and Kelly Choo as executive directors.
DNX raised $188m for Japan Fund IV and another $55m for Japan Annex Fund III.
TPG Capital and GIC have topped up their investments in Asia Healthcare Holdings.
Earnings and Results
The firm’s last major fundraising was in November 2021.