Deals
The Philippine foray comes shortly after VinFast opened its first dealership in Indonesia.
SG data platform Atlan secures $105m Series C funding led by GIC, Meritech Capital
SEA Digest: VinFast to enter PH; Thai Syn Pitarn nabs funds; Earth VC backs HyLight
CVC acquires minority stake in Denmark’s Hempel
Saudi staffing company SMASCO looking to raise $240m in IPO
Carsome announces first EBITDA positive quarter in Q1
More Stories
CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Jungle Ventures looking to dig into SE Asia’s F&B sector with Yay! Group investment
Malaysia-based PE firm Navis likely to lead funding in CarDekho’s SE Asian entity
Amid PE lull, Bahrain’s Investcorp sees delay in $5b India investment plan
Analysis
Hotel101 plans to combine with a SPAC in the U.S. later this year.
The deal could value the data centre business at $750m.
The acquisition is expected to accelerate GoTyme Bank’s growth and path to profitability.
The parent company of wealthtech app Hugosave has issued new shares to co-founder Ben Davies, Getz Group and others.
Private Equity
The consortium also includes DEG, BIO, and OP Finnfund Global Impact Fund I.
Singapore fintech startups accounted for more than half of the funds raised in the first quarter.
Pet supplies company Vetreska received a capital injection from VC firm Quest Ventures this week.
Proptech firm Lhoopa received a capital infusion last week from investors, including Wavemaker Partners.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.