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
IPOs & Markets India: Paytm, sponsored by SoftBank, prepares draft papers for a $2.2 billion IPO.
The funds from the IPO will be utilized to improve the company’s payment network, among other things.
Just Arrived
Trending
Paytm, backed by SoftBank, submits draft documents for a $2.2 billion IPO in India.
NEIWAI, a Chinese lingerie company, raises $100 million in a Series D round headed by Carlyle Group.
Fubon Life, a Taiwanese company, has pledged $35 million to Korean KREDO’s solar-focused fund.
Following Thailand’s exit, Gojek will focus more on the Vietnamese and Singaporean markets.
Southeast Asia’s entrepreneurs raised $5.7 billion in Q2 thanks to pandemic tailwinds.
More Accounts
Following the exit of Thai finance company OY!, Gojek will focus more on Vietnam and Singapore markets. Obtains $44 million in Series A funding
In 2021, Southeast Asia will welcome five new unicorns, as well as additional SEA deal updates, according to data from Data Vantage.
Hive Ventures, based in Taiwan, plans to invest more in Southeast Asia after launching its second fund next year.
Lighthouse Canton, a subsidiary of Singapore, is consolidating its portfolio of Indian R&D lab offices into a new vehicle.
Deals
NEIWAI, a Chinese lingerie company, raises $100 million in a Series D round headed by Carlyle Group.
The round was also attended by Vertex Ventures and Qiming Venture Partners.
Private equity (PE) is a type of investment
Fubon Life, a Taiwanese company, has pledged $35 million to Korean KREDO’s solar-focused fund.
IGIS Private Equity was the previous name of KREDO Holdings.
Analysis
Following Thailand’s exit, Gojek will focus more on the Vietnamese and Singaporean markets.
Gojek’s Thai operation was a modest outpost that lost money in 2019 and 2020.
Deals
Southeast Asia’s entrepreneurs raised $5.7 billion in Q2 thanks to pandemic tailwinds.
The total capital raised in the first two quarters of 2021 has surpassed the total capital raised in the entire year of 2020.
OY!, an Indonesian financial firm, has raised $44 million in Series A funding.
The startup’s valuation has risen to over $108 million as a result of the investment round.
Analysis
BDO Unibank, the Philippines’ largest bank, wants a piece of the mobile payments pie.
BDO Unibank developed BDO Pay, a mobile wallet, earlier this year.
Analysis
How Huawei is posing a threat to Alibaba in the cloud computing market
Following the imposition of US sanctions on Huawei’s smartphone industry, the company is focussing on the lucrative market.
BlackRock Real Assets, a private equity firm, has made its first offshore wind investment in Korea.
Korea Renewable Energy Development & Operation Holdings Co Ltd has been bought by BlackRock Real Assets.
Deals
As bookings open, Ola Scooter is experiencing “crazy demand.”
The scooter’s price, as well as all of its features, have yet to be released./n
Read More
