World
The shopping arm of TikTok has been available in the UK since 2021.
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China's Huawei triumphs over US sanctions, returns to revenue peak
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Shares of French video game maker Ubisoft jump after Tencent invests in new unit
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KKR, JIC to take Japanese medical gear maker Topcon private for $2.31b
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India Digest: Abound bags $14m; Krafton buys Nautilus Mobile; Aramco may invest in BPCL, ONGC
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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
India
Dozee has raised an $8.3m Series A5 funding round.
OneStack’s round was led by Pentathlon Ventures, with participation from Yatra Angel Network.
Greater China
Lanchi Ventures and Qiming Venture Partners were the lead investors in the round.
Mphasis, Hexaware, TPG, and ChrysCapital are also said to be eyeing the firm.
Affirma invested $50 million in Tirupati’s Series B round in 2019.
The firm has invested in startups such as Servify, mCaffeine, and Pernia’s Pop-Up Shop, among others.
Singapore
The Peak XV-backed SG startup has signed an LoI for a SPAC deal at a pre-money valuation of $500m.
Shanghai-based AgiBot’s list of shareholders includes HongShan, Hillhouse’s GL Ventures, and EV maker BYD.
Omnivore is also evaluating SE Asia despite the turmoil caused by eFishery.
