Alt protein maker Next Gen raises $20m from Temasek, GGV Capital, others
Singapore state investor Temasek injected $10 million as part of the latest financing.
Temasek says some of its portfolio companies are looking at SPAC mergers
Vertex Holdings, the VC arm of Temasek, is believed to be planning a SPAC listing.
India: Shri Bajrang Power and Ispat seeks to raise $93.3m via IPO route
A part of the proceeds from the issue will be used to repay the company’s debt.
Alibaba, others weigh bids for Unisplendour stake worth up to $7.7b
Chip conglomerate Tsinghua Unigroup is looking to divest its 46.45% stake in Unisplendour.
Indonesian SaaS platform OnlinePajak bags $12m from Tencent, Altos Ventures, others
The fresh funding brings the startup’s valuation to nearly $170 million.
Temasek’s portfolio value hits record $283b aided by global equity rally, IPO gains
Several of the investor’s foreign portfolio firms — Airbnb, Roblox, Doordash — had their IPOs in 2020-21.
China Digest: ProfoundBio, Xiaobing AI in funding news
Chinese oncology biotherapeutics company ProfoundBio has raised over $55 million in its Series A round.
People Digest: Group ONE adds David Levy to its board; theAsianparent hires branding officer
Singapore-based theAsianparent has appointed Fiza Hasan Malhotra as its first chief branding officer.