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
Markets & Initial Public Offerings
After the first day of trading in the United States, China’s Didi was valued at $68 billion.
Didi’s stock began at $16.65, up from its initial public offering price of $14.
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After the first day of trading in the United States, China’s Didi was valued at $68 billion.
SoftBank plans to raise $7.35 billion in its first international bond offering in three years.
India: CredR raises over $6.4 million in funding from Yamaha Motors and others.
Small businesses are a significant opportunity for SE, according to data. Asia’s startup ecosystem
Adani Green’s acquisition of SB Energy is approved by the CCI in India.
Adrian Cheng’s C Ventures invests in CASETiFY, a tech accessory business aimed at Gen Z.
WeMaintain raises $36 million in Series B fundraising for worldwide development and establishes a Singapore office, according to HarbourVest WeMaintain raises $36 million in Series B funding for global expansion and opens a Singapore office.
Velocity Ventures has closed its first $20 million round. SE Hospitality and tourism fund with a focus on Asia
Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Deals
SoftBank plans to raise $7.35 billion in its first international bond offering in three years.
The current bond issuance’s proceeds will be utilized to repay debt and for general corporate purposes.
CredR raises about $6.4 million from Yamaha Motors and others in India.
CredR, a six-year-old company with an omnichannel presence, runs a used two-wheeler purchase marketplace.
Small businesses represent a huge opportunity for Southeast Asia’s entrepreneurs, according to Data Vantage.
We bring you the first two deals in Southeast Asia from London-based VC Hedosophia, as well as other updates in this edition.
Adani Green’s acquisition of SB Energy is approved by the CCI in India.
AGEL will now have a total renewable capacity of 24.3 GW as a result of this acquisition.
Vivek Sundar, the COO of foodtech unicorn Swiggy, has resigned.
Sriharsha Majety will take over and manage the marketplace company personally.
CDC Group sells a 3.7 percent share in IIFL Finance for $45 million in India.
CDC Group owned 15.44 percent of IIFL Finance prior to the sale of shares.
Analysis
SE’s cracks are widening. As worker dissatisfaction develops in Asia, so does the gig economy.
Could things change for gig economy workers as the region’s companies prepare to go public?
Creador, a Malaysian private equity firm, expects to close two new investments by August, fully deploying its fourth fund.
By mid-July, Creador expects to conclude the first close of its fifth fund, which will be valued at $550 million.
Panacea Venture, a Chinese private equity firm, has filed to raise a second healthcare fund.
In May 2019, the firm raised $180.5 million for its first healthcare fund./n
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