India
MFV Partners and a syndicate on LetsVenture also participated in the round.
1
Ninestar says sale of Lexmark worth up to $150m in equity value
2
Nvidia-backed CoreWeave downsizes US IPO
3
Beyond The Buyout: Domino’s done but other deals stuck in SE Asia
4
eFishery fiasco shakes investor confidence, but hope floats for Indonesia's agritech sector
5
Beams Fintech Fund to invest around $58m in 5 Indian startups this year
More Stories
Investor pullback sends SE Asia PE fundraising to seven-year low in 2024
India: Kotak buys $122m stake in IPO-bound Tirupati as Affirma Capital exits
eFishery fiasco shakes investor confidence, but hope floats for Indonesia’s agritech sector
EQT joins star-studded race for Indian IT services firm SLK Software
Danantara’s team lineup, SOE control raise governance concerns
Singapore
The company is seeking minority stakes in financial services and gaming firms.
The company’s total expenses were up 22% year-on-year.
World
Since its inception in 2003, the fund has returned 9.63 per cent per annum.
In 2019, there were 58 transactions worth $16.2 billion, compared with 49 transactions worth $10.4 billion in 2018.
Indonesia
Indonesia’s consumption-driven internet economy should continue to provide opportunities for growth.
Thailand
China beat Japan for the first time as Thailand’s top foreign investor in 2019.
Similarly, global PE fundraising and dealmaking also slowed although the industry still recorded robust figures.
Among those that are looking to tap the bourse are the subsidiaries of construction firm Wijaya Karya.
Singapore and Indonesia scored the bulk of the investments.
Sign up now and claim 10% off your first subscription. Use code "DSAWELCOME10" and step into Asia’s top dealmaking intelligence platform.