India: Trifecta launches $200m equity fund to invest in late-stage startups
The firm has through its two venture debt funds invested more than Rs1,800 crore in over 70 companies.
China Digest: PackGene Biotech, AI chip startup Axera close fresh funding
Return backer Sequoia Capital China re-upped in PackGene round.
Vietnam mulls regulation to extract more data, taxes from global tech firms
The proposed tax collection regime has been deemed “onerous” by an Apple-backed trade group.
Surgical robot developer EDDA raises $150m led by SoftBank Vision Fund 2
OrbiMed, 3W Fund joined the round alongside EDDA’s existing investors.
Japan’s Toshiba considers CVC Capital’s $20b take-private deal
CVC is considering a 30% premium over Toshiba’s current share price.
Grab set for US listing through merger with Altimeter SPAC at $35b valuation: Report
Grab will raise about $2.5 billion through a PIPE deal.
Indonesian e-commerce enabler SIRCLO acquires parenting app Orami
Following the acquisition, Orami will operate as an independent entity integrated with SIRCLO’s line of services.
Singapore’s Flash Coffee raises $15m Series A led by White Star Capital
The company will use the fresh funding to expand in 10 markets across the Asia Pacific.