Indonesia’s P2P lender ALAMI set to raise $12m as part of Series A+ round
Quona Capital may lead the round in the sharia fintech startup with a $7 million investment.
US pension OCERS commits $30m to Orchid Asia’s latest buyout fund
Orchid Asia VIII will invest from $20-150 million in each target company.
China-focused Unicorn Capital Partners raises $450m for latest fund
The vehicle will focus on VC funds and direct investments in technology and healthcare sectors in China.
Australia’s Tenacious Ventures closes first agrifood tech fund at $27m
The fund aims to invest in up to 20 early-stage agrifood tech companies.
US meat processor Tyson Foods to launch plant-based products in Asia-Pacific
Impossible Foods, Nestle, Beyond Meat have already entered Asia with their plant-based meat products.
Taishin gains conditional approval for $200m purchase of Prudential unit
The US insurer is exiting some Asian markets.
China’s Trustar Capital acquires Japanese body care brand Sedona Enterprise
The acquisition comes less than two months after Trustar invested in China’s Yifei Group.
Malaysia’s AirAsia X gets shareholder nod for restructuring plan
This marks a major milestone in its restructuring progress.