Indonesian logistics startup Shipper closes $63m Series B round
The round was led by DST Global and Sequoia Capital India.
SG venture debt firm Genesis Alternative closes debut fund at $80m
The firm has already deployed over $30m to 12 venture-backed companies across SE Asia.
Chinese fitness tech startup FITURE closes $300m in its biggest funding round
The Series B round was co-led by All-Stars Investment, Legend Capital, DST Global, and Coatue.
Indonesia’s Bukalapak bags strategic funding from BRI Ventures
The deal will help BRI reach out to merchants and customers registered on Bukalapak’s platform.
Indian micro-VC fund iSeed raises $15m for second fund
Institutional investors, including RTP Global, FJ Labs, Tribe Capital, Hummingbird and Kamco Jedi Fund also participated in the fundraise.
Indian traders counter Amazon summit with own event
Starting Thursday, Amazon is organising a virtual summit in India named “Smbhav”.
India: CCI okays acquisition of Gangavaram port by Adani Ports
Adani Ports is acquiring an 89.6% stake in Gangavaram Port.
India: Aditya Birla Capital, Sun Life to sell stake in asset management biz IPO
Together, they plan to sell a 13.5% stake in Aditya Birla Sun Life AMC.