Chinese food delivery robot maker PuduTech bags funding from Sequoia, Meituan, others
The latest round also attracted an undisclosed strategic investor.
Alibaba & BPEA-led group picks 5.5% in Masan’s retail platform The CrownX for $400m
The transaction pegs the pre-money valuation of The CrownX’s at $6.9 billion.
Indonesian MSME bookkeeping startup BukuKas raises $50m in Series B funding
BukuKas had closed a $10 million Series A round led by Sequoia Capital India in January.
Supply chain-focused Chinese VC Buhuo Ventures closes master fund at $243m
The master fund comprises a $127m, RMB-denominated fund, and a $115m maiden USD fund.
How ex-investor Andre Soelistyo emerged as the go-to leader of Indonesia’s new tech behemoth
Soelistyo’s big task will be to lead GoTo through a pre-IPO round and later take it public.
Singapore cloud kitchen Grain raising funds led by hospitality major Lo and Behold
The round will see the firm downsize massively in terms of valuation.
US investment firm Avenue Capital’s Asia-focused fund raises $338m so far
Avenue Asia Special Situations Fund VI has secured commitments from 14 investors since its launch last year.
US-based PE investor Siguler Guff raises $240m for first emerging markets fund
The fund invests in companies in China, India, and Southeast Asia.