India: CommerceIQ raises fresh $60m funding led by Insight Partners
Existing investors Trinity Ventures, Shasta Ventures and Madrona Venture Group participated as well.
Indonesian e-commerce unicorn Bukalapak to offer up to 25% in IDX IPO
Bukalapak could become the first of Indonesia’s unicorns to list on the local capital market.
KKR to acquire major stake in ANZ edtech firm Education Perfect
KKR’s investment will be via its Global Impact Fund.
Indonesia sees wave of savvy founders doing due diligence on VCs, says AC Ventures’s Adrian Li
This, he said, puts a greater onus on VCs to demonstrate value add, beyond mere capital or brand.
Razer Fintech evaluating inbound interest from strategics, but in no rush to raise capital
The cash-rich firm wants a lean cap table to avoid stakeholder overcrowding.
US semiconductor giant GlobalFoundries puts $4b into Singapore expansion
GlobalFoundries makes semiconductors for mobile phones and the automotive industry.
China’s Full Truck Alliance valued at over $24b in strong NYSE debut
The valuation makes it the biggest US listing for a Chinese company this year.
Nordic fund KLP divests from Adani Ports over links to Myanmar military
Adani has been under scrutiny from international investors over its Yangon project.