Warburg-backed New Ease partners QuadReal to launch $1b logistics fund
The fund will deploy capital in China’s logistics sector especially in top-tier cities.
AirAsia to launch ride-hailing services, moves closer to becoming a super app
AirAsia had recently launched food delivery services and conducted trials for drone delivery.
SG’s digital escrow services provider Tazapay raises $1.75m and other SE Asia deals
DealStreetAsia has put together a table listing out prominent VC transactions in SE Asia this week.
Indian edtech unicorn Byju’s raises $460m funding led by MC Global Edtech Investment
MC Global Edtech Investment Holdings alone invested $224m in the round.
India: Nazara Technologies makes strong market debut, lists at 81% premium
The IPO of the mobile gaming company got a good response, with the Rs583-crore offer being subscribed 175.46 times
SEA Digest: Ripple buys 40% of Malaysia’s Tranglo, SG’s RioDeFi launches incubation hub
Ripple is backed by Thai venture capital firm Digital Ventures.
China’s delivery service provider FlashEx nets $125m from Shunwei, SIG, others
Investors included N5 Capital, Tiantu Capital, and Oceanpine Capital.
Wise Road buys South Korea’s Magnachip Semiconductor for $1.4b in take-private deal
The transaction is expected to close during the second half of 2021.