Policy & Regulations
INA names Andry Setiawan and Christopher Ganis as new chief investment officers.
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ID Digest: Danantara invites Temasek to collaborate; INA appoints new CIOs
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Data Vantage: NewCampus, Believe, and Green Rebel in focus
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US trade war prompts Chinese businesses to focus on SE Asia
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KKR to acquire Australian independent power producer Zenith Energy
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Advent making second attempt at Asia fund, looks to raise $3b: report
More Stories
Exclusive: Aqua Bridge Holding sole bidder for embattled eFishery
VinFast faces bumpy ride in SE Asia amid mounting losses, stiffer competition
Pricing aligns and buyouts gain traction in Southeast Asia PE: Hamilton Lane
MDI Ventures logs $60m in exits this year; resumes dealmaking after 18-month lull
VCs remain bullish on China’s deeptech despite LLM bubble bursting
Deals
NewCampus secured $3.3m in capital by allotting shares to a mix of institutional and individual investors.
Analysis
MDI is exploring sectors like cybersecurity and AI—areas its parent Telkom calls ‘new play’.
FTI Consulting’s audit is said to have triggered initial interest from 4-5 local and global players.
Despite the sharp rise in sales and revenue, VinFast’s losses continue to deepen.
The firm is targeting to close at least one new deal in the near term.
The initiative aligns with Indonesia’s national agenda to reduce carbon emissions.
People
The layoffs primarily impacted the product and engineering teams.
Lifull also launched SEA Connect Ventures to consolidate its operations in SE Asia.
Also read about the headwinds facing Thailand’s startup fundraising scene.