Deals
The Radical Fund will source technology-enabled ventures aligned with Keppel’s strategic priorities.
Princeton Digital secures $280m green loan to finance Malaysian data centre campus
Korea's Hanwha Life to buy 40% stake in Lippo Group-backed Bank Nobu
India's InCred closes $60m maiden PE fund within months of launch
China's Zeekr to close $368m US IPO a day early
China's Nio turns to rival BYD for new EV brand
More Stories
Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian conglomerate Astra eyes aggressive EV push in next two years
EQT to acquire digital consultancy firm Perficient for about $3b
Fintech deals surge in Q1 but concerns persist over long-term momentum
The parent company of wealthtech app Hugosave has issued new shares to co-founder Ben Davies, Getz Group and others.
Private Equity
PE firm Celadon Partners and ClavystBio, a life sciences investor set up by Temasek, invested.
Analysis
Founder and CEO Marcus Lim said the company “cannot by reason of its liabilities continue its business”.
The LP View
Staff at fund management firms undergoing group transformation are often provided with retention incentives.
Another investor from Singapore is also in the fray to back the startup’s over $60m round.
Singapore fintech startups accounted for more than half of the funds raised in the first quarter.
This edition features quarterly earnings of Indonesia’s listed tech startups GoTo Group, Bukalapak and Blibli.
CEO Chesky says the region has the greatest growth potential.
The parties are working on the details of a transaction that could be announced as soon as the coming weeks.