2024-2025
Investors will need to keep updating their playbook as a recovery seems slow and far-off.
Private Equity
The fund is seeded with several logistics and business park assets from GLP’s balance sheet.
Deals
The deal marks CJF's first investment in a SE Asian fintech company.
1
Sorenson Capital leads $30m funding in Indian cybersecurity startup Bureau
2
Funding Societies raises $25m equity investment from Cool Japan Fund
3
GLP Capital Partners bags $383m for latest China income fund
4
PH logistics firm Mober partners local lender BDO for fleet expansion
5
IFC likely to extend $200m loan to Chinese biotech firm 3SBio
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Private funding for SE Asia’s climate tech startups dwindles in 2024
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Greater China
Philippines
Navegar currently holds an estimated 30% stake in Royale Cold Storage.
India
This follows GIC's initial investment of $170m in Feb 2022.
Rest of Asia
Insignia said the offer "does not adequately represent fair value for IFL shareholders."
KKR now owns about 34% of Fuji Soft after the first stage of its two-part tender offer.
The mandate tapped Nuveen's US private capital specialist Churchill Asset Management.
Amicus Capital Partners India Fund II has a target size of $200 million.
Edtech firm Seekho has raised $8 million in Series A funding led by Lightspeed.
The smartphone gimbal maker has raised $14m led by Shunwei Capital and Legend Capital.
Over the next 18-24 months, Athera will invest in a dozen startups from its Fund IV.
Changan Auto will invest 4.6 billion yuan in the Chinese EV maker.
World
The round was led by Joshua Kushner's Thrive Capital.
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?
Startups headquartered in mainland China, Hong Kong, Taiwan, and Macau raised $12.69 billion in Q3.
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.
Singapore
Singapore-based Wholly Greens has issued new shares to investors.
Indonesia
Marketing software unicorn Insider received fresh capital from General Atlantic this week.
Vietnam
The segment has raised $103m in funding till Oct this year, nearing the previous year’s peak.
It will also look to build 1,000 battery swapping stations next year.
This brings the total licensed virtual asset trading platforms in the city to seven.
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 move compounds Google's regulatory headaches in India.
The resignation comes after the U.S. Justice Department's antitrust division expressed concerns.
The company will focus on select initiatives that align with its core SaaS strategy.
ADNOC announced last month it was setting up XRG, saying it was worth over $80b.