Venture Capital
Vietnam is at the core of Reazon Capital’s global investment strategy.
Saudi staffing company SMASCO looking to raise $240m in IPO
Carsome announces first EBITDA positive quarter in Q1
TikTok, ByteDance file lawsuit against US sale-or-ban law
AI boom set to fuel data centre investments in APAC this year
Indonesian agritech startup Elevarm secures $2.6m and other SE Asia deals
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
Amid PE lull, Bahrain’s Investcorp sees delay in $5b India investment plan
Singapore co-working laboratory provider NSG BioLabs raises $14.5m
Deals
The parent company of wealthtech app Hugosave has issued new shares to co-founder Ben Davies, Getz Group and others.
Analysis
Singapore fintech startups accounted for more than half of the funds raised in the first quarter.
The firm is part of Galaxy Entertainment, in which MoMo-backer Thien Viet Securities is an investor.
Other participating investors included Touchstone Partners, East Ventures, and Saison Capital.
Private Credit
The debt amounted to nearly $8.7 million by the end of last year.
Chinese tech group rents server space from state-owned partners in the meantime.
Backed by 500 Global, Edukita closed its last funding round in Nov 2022.
Private Equity
Investor appetite has shifted away from cash-burning, high-growth healthtech startups.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.