India
The round was led by Singapore-based venture capital firm Elev8.vc.
1
China's Huawei triumphs over US sanctions, returns to revenue peak
2
Shares of French video game maker Ubisoft jump after Tencent invests in new unit
3
KKR, JIC to take Japanese medical gear maker Topcon private for $2.31b
4
India Digest: Abound bags $14m; Krafton buys Nautilus Mobile; Aramco may invest in BPCL, ONGC
5
IFC proposes $75m investment to support digital lending of SeaMoney in Thailand
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
OneStack’s round was led by Pentathlon Ventures, with participation from Yatra Angel Network.
Rest of Asia
JAC was established in 2023 by a former Carlyle Group executive in Japan.
Singapore
Only four SE Asia-focused PE funds secured final closes in 2024.
As more young professionals take charge of industries, changes will happen: Amrita Malik.
Indonesia
The Indonesian VC is expected to kick off fundraising for the fourth vehicle later this year.
Seviora has appointed Sadiq Hussain as Senior Executive Officer for its Abu Dhabi Office.
The doughnut business will be under Fore Coffee’s arm Cipta Favorit Indonesia.
Vietnam
Delay in licence issuance in Vietnam pushes Validus to scale down operations.
Global LPs now see SE Asia as a key market for deep tech innovation, says Elev8.vc’s MD Aditya Mathur.
