Analysis
Our scoop on the MDI Ventures saga was the most-read story of the month.
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Here are our top headlines from October 2024
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Manulife unit gets new Asia head amid job cuts
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Bain-backed Japanese chipmaker Kioxia's market value set at $5b
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Want to be chief of staff at Zomato? CEO says forget salary, pay $23,700 fee
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SaaS startup Podium raises $15.2m in Series A-1 funding
More Stories
Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Indonesian VC Ideosource winds down after over a decade
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed Tuya
Singapore’s Capitaland Investment to buy initial 40% stake in SC Capital Partners
Canva-backer AirTree Ventures raises capital for two new funds
Deals
Indonesian startup Mimin has bagged capital from Skystar Capital and others.
This comes after Indonesia banned sales of iPhone 16 over local rules on components.
Danantara could potentially become the fourth largest SWF in the world.
Venture Capital
The VC is in the process of selling its portfolio in the secondary market.
Enstack has received $3m from Mangrove Capital, confirming our report from Oct.
OCBC Ventura plans to invest in at least 10-15 startups next year.
Skystar, Kopital Ventures, PT Digital Karya Utama, and Urban Gateway invested.
Adivira Capital acquired a 75% stake in SIS Group from PE firm Actis earlier this year.
People
Wamildan Tsani Panjaitan is replacing Irfan Setiaputra, who served for over four years.
