Actis said to have divested majority stake in Singapore’s PS Gourmet
PS Gourmet came under the portfolio of Actis following the latter’s acquisition of Abraaj’s fund in 2019.
Indian lender DCB Bank acquires 9% stake in NBFC Techfino Capital
Techfino provides customised consumer loans in education and healthcare sectors.
Southeast Asia trails Asia in IPOs amid SPAC boom in the US
IPO proceeds from Singapore hit $223 million in the first quarter.
Crescent Capital-owned Australian Clinical Labs seeks $315m in IPO
A listing of ACL would be Australia’s largest IPO of the year.
Taiwan’s Gogoro to enter India scooter market in JV with Hero MotoCorp
The two firms will launch Hero-branded two-wheelers powered by Gogoro’s battery sharing infrastructure.
Malaysia consolidates two tech-related government agencies TPM, MaGIC
This move will help spur innovation and digitalisation in the country.
J-Star sells 20% stake in staffing service firm Aki-Japan to UT Group
J-Star has transferred a 20% stake in Aki-Japan to staffing firm UT Group for an undisclosed sum.
[Updated] Indonesia’s Halodoc raises $80m in Series C round led by Astra International
The local conglomerate also announced a $5-million investment in grocery platform Sayurbox.