Southeast Asia is a region in Southeast Asia.
Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar
India
Greater China is a term used to describe a
Asia’s rest
World
Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
Expara Ventures, a Singapore-based venture capital firm, has announced the launch of a $30 million fund.
The move was ascribed to a shift in the VC’s strategy, according to the company’s founder.
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Expara Ventures, a Singapore-based VC firm, has closed a $30 million fund. India Deal Review: Startups rake in $3.8 billion from 152 PE-VC deals in June, despite the COVID Softbank-backed COVID. Oyo sees India’s recovery speeding up, but gives no timetable for an IPO.
In the previous three months, Magic Fund has closed a $30 million second vehicle and backed four Asian entrepreneurs.
Macquarie Bank of Australia is rumored to be considering a competing bid for Sydney Airport.
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Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
After raising stakes, Emtek Group is in talks to join forces with Grab Indonesia.
Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Thai Union, CJ CheilJedang, and VisVires New Protein are among the investors in Aleph Farms’ $105 million funding round.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
Despite COVID, startups in India scooped over $3.8 billion from 152 PE-VC acquisitions in June.
In the last month, at least nine startups have raised $100 million or more.
Softbank-backed COVID-19 Oyo sees India’s recovery speeding up, but gives no timetable for an IPO.
The hotel aggregator has been hit by layoffs, cost cuts, and losses for months.
In the previous three months, the Venture Capital Magic Fund has closed a $30 million second vehicle and backed four Asian firms.
Three of Magic Fund’s portfolio firms have recently been sold.
Deals
Macquarie Bank of Australia is rumored to be considering a competing bid for Sydney Airport.
The airport has been offered for sale by a group consisting of IFM Investors, QSuper, and Global Infrastructure Partners.
IFC recommends a $150 million sustainable loan to RH International, an energy provider.
RHIS is a wholly-owned subsidiary of RATCH Group, Thailand’s largest private power generator.
Regulations & Policy
In a new crackdown, WeChat deletes LGBT accounts established by Chinese university students.
WeChat said that several people had violated internet information rules.
TPG, Apollo, and other private equity firms are looking to invest in the assets of Vodafone Idea, a beleaguered Indian telecom.
The data center and optical fiber assets will almost certainly be sold and leased back.
Deals
Reliance Industries, based in India, is looking to buy REC, a Norwegian solar module manufacturer.
The yearly solar panel production capacity of the REC Group is 1.8 GW.
Markets & Initial Public Offerings
The IPO of Robinhood has been met with opposition from ordinary investors on platforms such as Reddit.
Following this year’s investing craze in meme stocks, the corporation came under fire./n
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