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
Surge Venture Capital, along with co-investors, invests $55 million in the fifth batch.
Fintech, payments, communications, logistics, and SaaS are the focus of the majority of the 13 companies.
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Surge, a subsidiary of Sequoia Capital, invests $55 million in the fifth cohort with co-investors.
Grofers, an Indian online grocer, is expected to raise $120 million from Zomato, according to a report.
Digest on China: SBCVC makes an investment in ONES, and Cospowers closes a fresh round of fundraising.
CTOS Digital, a credit reporting startup financed by Creador, has launched a $290 million IPO in Malaysia.
Xpeng, a Chinese electric vehicle manufacturer, is expected to raise $1.8 billion in a Hong Kong IPO.
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Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Bukalapak, an Indonesian unicorn, is ready to take first-mover advantage in its market launch.
According to reports, SG’s Zilingo has raised $35 million in capital from existing shareholders.
WeMaintain obtains $36 million in Series B funding for worldwide expansion and establishes a Singapore branch. In its first investment in Southeast Asia, Hedosophia backs Indonesia’s BukuKas.
Grofers, an Indian online supermarket, is likely to raise $120 million from Zomato and Tiger Global, according to a report.
Grofers is projected to be valued at somewhat more than $1 billion as a result of the funding.
SBCVC invests in ONES, and Cospowers raises new capital in China’s venture capital market.
ONES, a developer of industrial software, has raised $46 million in Series B1 and B2 funding rounds.
Markets & Initial Public Offerings
CTOS Digital, a credit reporting startup financed by Creador, has launched a $290 million IPO in Malaysia.
The IPO is the most significant since Mr DIY Group’s 1.5 billion ringgit ($360 million) initial public offering last year.
Markets & Initial Public Offerings
Xpeng, a Chinese electric vehicle manufacturer, is expected to raise $1.8 billion in a Hong Kong IPO.
In the transaction, the corporation sold 85 million shares, or 5% of its total stock.
MoMo recruits Pique, and the Achmad Zaky Foundation establishes an edtech incubator
On June 29, StartUp Campus 2021 was launched online in Indonesia.
Ethos Invest, a Sharia fintech PE fund, is looking to raise $1.39 billion.
The fund expects to conclude its first round in four months.
Regulations & Policy
Sebi opens up Reits, tightens MF rules, and hires directors in India.
The move by the Sebi aims to ensure that fund managers use investors’ money wisely.
Deals
Reliance Industries joins together with ADNOC to establish a chemical facility in India.
Reliance had already purchased holdings in offshore exploration and manufacturing assets.
Central Pattana, Thailand’s largest mall operator, has agreed to display tenant products online.
In Thailand, Central Pattana features 33 commercial malls.
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