Southeast Asia is a region in Southeast Asia.
Indonesia
Singapore
Malaysia
Vietnam
Thailand
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
Private equity (PE) is a type of investment
Education Perfect, an ANZ edtech startup, will be acquired by KKR.
The investment will be made through KKR’s Global Impact Fund.
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Education Perfect, an ANZ edtech startup, will be acquired by KKR.
SoftBank Ventures Asia invests $27 million in VoyagerX in South Korea.
According to Adrian Li of AC Ventures, Indonesia is seeing a wave of intelligent founders conducting due diligence on VCs.
Razer Fintech is investigating strategic interest but is not in a hurry to raise cash.
GlobalFoundries, a US semiconductor company, is investing $4 billion in its Singapore expansion.
More Accounts
SE Asia is quickly becoming a go-to destination for global PEs looking for IT deals.
Fabelio, an Indonesian startup, is looking for Series D capital and wants to go public in 2022.
Fuse, an Indonesian insurtech company, has raised up to $30 million in funding from Jack Ma’s family office, EV Growth, and others.
Mark Machin, the former head of the CPPIB, has joined Serendipity Capital, a Singapore-based venture capital firm.
After the anticipated IPO, CEO Anthony Tan’s considerable control over Grab raises concerns.
VC (Venture Capital) is a
SoftBank Ventures Asia invests $27 million in VoyagerX in South Korea.
The funding will be used by VoyagerX to build more user-centric AI services.
Questions and Answers
According to Adrian Li of AC Ventures, Indonesia is seeing a wave of intelligent founders conducting due diligence on VCs.
This, he claims, puts a higher burden on venture capitalists to demonstrate value addition beyond capital and brand.
People
Razer Fintech is investigating strategic interest but is not in a hurry to raise cash.
To minimise stakeholder overpopulation, the cash-rich company needs a lean cap table.
Deals
GlobalFoundries, a US semiconductor company, is investing $4 billion in its Singapore expansion.
GlobalFoundries is a semiconductor manufacturer that specialises on mobile phones and the automotive industry.
Markets & Initial Public Offerings
In a solid NYSE debut, China’s Full Truck Alliance was valued at over $24 billion.
It is the largest Chinese company to list in the United States this year, based on its valuation.
Deals
KLP, a Nordic firm, has divested from Adani Ports due to its ties to Myanmar’s military.
International investors have been scrutinising Adani’s Myanmar project.
Markets & Initial Public Offerings
Dingdong, a Chinese grocery app funded by SoftBank, is aiming for a valuation of more than $6 billion in its IPO in the United States.
China’s online demand for fresh vegetables has been spurred by the COVID-19 outbreak.
Deals
Toss operator, a South Korean financial app, was recently valued at $7.4 billion in investment.
Toss hopes to grow its Southeast Asian presence beyond Vietnam with the new funding.
Markets & Initial Public Offerings
India Pesticides obtains $32 million from Wells Fargo, ADIA, and other investors ahead of its IPO.
SBI Mutual Fund and Nippon Mutual Fund received the most allocations from domestic investors.
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