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
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Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
Deals
Tiger Attitude, a Chinese pastry company, has raised roughly $50 million in a Series A investment.
Tiger Global Management and GGV Capital jointly led the round.
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Tiger Attitude, a Chinese pastry brand, raises approximately $50 million in a Series A round People Digest: Lone Star Funds and Franklin Templeton have made important hires in Asia.
NSSK, a Japanese private equity firm, has raised $69 million for its third investment vehicle.
GPSC, a Thai electrical company, has invested $453 million in India’s Avaada Energy.
Sumitomo Mitsui of Japan will buy a 5% share in Jefferies for $380 million.
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[Updated] Nium, a Singapore startup, has raised $78 million in Series D funding from Riverwood Capital, Vertex Growth, and others.
Next Gen obtains $20 million in funding from Temasek, GGV Capital, and others.
In a $200 million transaction, Carsome and Catcha Group will team together to buy iCar Asia.
After attracting VC funding, Southeast Asia’s direct-to-consumer (DTC) firms are focusing on lowering customer acquisition expenses.
Due to the dismal macroeconomic situation, Myanmar funds have put their investment ambitions on hold.
Franklin Templeton and Lone Star Funds have made major appointments in Asia, according to People People Digest.
Franklin Templeton wants to broaden the scope and reach of its investment solutions in Asia Pacific.
Private equity (PE) is a type of investment
NSSK, a Japanese private equity firm, has raised $69 million for its third investment vehicle.
In 2017, NSSK’s second fund, worth 60 billion yen ($543 million), was closed.
Deals
GPSC, a Thai electrical company, has invested $453 million in India’s Avaada Energy.
India is a focal country for renewable energy expansion, according to GPSC, a subdivision of state-owned PTT Pcl.
Sumitomo Mitsui of Japan will buy a 5% share in Jefferies for $380 million.
The move is part of SMFG’s strategy to develop its securities business in the US.
Indies Capital Partners, a venture capital firm focused on late-stage technology companies in Southeast Asia, announces the first closure of its second fund.
According to Harold Ong, the fund’s partner, around 30% of the money has already been spent.
Hamilton Lane, a private equity firm, has filed for a second impact fund with a target of $400 million.
The second vehicle would be much larger than the first, which cost $95 million to build.
PayPal Australia competes with Afterpay by offering a no-late-fee BNPL product.
In Australia, the company’s interest-free BNPL option was announced last month.
Deals from Singapore’s robo-advisor Valar Ventures led a $30 million Series B financing for Syfe.
According to a regulatory filing, Valar Ventures is investing about $22.5 million in this round.
Texas Permanent invests a total of $110 million in Warburg Pincus and Orchid Asia funds.
Warburg Pincus Asia Real Estate and Orchid Asia VIII have made commitments./n
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