Tabita
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Indonesian solar energy startup Xurya raises $55m led by Norfund
The round was joined by Swedfund, Clime Capital, BII, and AC Ventures.
Asia Digest: beehiiv acquires AI-based website builder; Pawprints Group bags seed extension round
Typedream was founded in 2019 by five Indonesians who shared a common goal to build a startup.
DTC brand operator DACHIN bags seed funding from Northstar Ventures
DACHIN manages brands across three categories: lifestyle, consumer electronics, and beauty.
SG fintech firm Atome secures loan facility from EvolutionX, targets $100m
The loan will help Atome expand its profitable regional credit portfolio and support the launch of new products.
Former Kejora top brass-founded Maven Asia Capital to hit final close of debut fund soon
The vehicle is anchored by Japan's SBI Holdings, which incidentally is also a core LP in Kejora's vehicles
People Digest: Temus names new CEO; Lazada Logistics exec joins SiCepat
Temus has announced the appointment of Ng Lai Yee as its new CEO.
Carro secures $55m loan from HSBC to fund fintech arm
The loan is part of HSBC's $1b ASEAN Growth Fund.
Investcorp set to acquire majority stake in Indonesian ice cream maker Campina
Investcorp is understood to be acquiring the entire stake from the company's majority stakeholder
GoTo says e-commerce business to make ‘prudent decisions’ on job cuts
GoTo provided the update in an IDX disclosure after media reports emerged that ByteDance was planning to cull jobs at the local unit.
‘Community-centric’ approach helped Amartha grow profits 4x in 2023, says CFO
The company has a 9,000 field workers who connect with potential borrowers in rural areas.