Venture Capital
The announcement confirms DealStreetAsia’s report in May.
1
Toshiba's reforms remain unfinished a year after going private
2
Indonesia's Mayapada Group charts ambitious healthcare expansion
3
Investors spot big promise in India's mid-price coffee segment
4
Indonesian startup Magalarva bags funding from angel network
5
India's competition watchdog approves UltraTech-India Cements deal
More Stories
Indonesia’s Mayapada Group charts ambitious healthcare expansion
Indonesia anti-graft agency raids office of Financial Services Authority
Singapore’s insurtech firm bolttech, valued at $2.1b, raises over $100m
Malaysia Airports $4b takeover offer by investors is reasonable, says deal adviser
Private Equity
Roughly 60% of the fund is expected to be deployed into SE Asia.
Under-penetrated private assets are seen to be creating such returns.
Analysis
Financial services revenue was up 34% YoY to $64m.
Dash was founded by GoTo and DHL alumni Aditya Brahmana and Robert Muliant in Nov 2023.
Mixue wins over young consumers in Vietnam; Cotti Coffee moves into Thailand.
Deals
ABM Respiratory Care raised funds from Worthy Ventures Resources and TAH Ventures last week.
Annual deal value had fallen YoY in each of the three markets in 2022 and 2023.
Momos raised $10m in a Series A funding round led by 645 Ventures.
Asia PE-VC Summit 2024
To stand out in the mid-market segment, investors called for value creation strategies.