Sequoia-backed Indian payments firm Mobikwik files for $255m IPO
The IPO includes the issue of new shares worth $201 million.
AirAsia to raise up to $238m via rights issue to weather global travel slump
Funds will be used to meet working capital and operational costs, and to grow its digital business.
Taiwan’s CTBC Venture Capital commits $4.5m to crypto-focused fund
The fund, Dragonfly Ventures I Feeder LP, is managed by Dragonfly Capital Partners.
Indian foodtech unicorn Swiggy elevates Phani Kishan as co-founder
Addepalli currently serves as vice president of strategy and investments in Swiggy.
Cambodia’s Iron Capital secures funding to develop digital automotive ecosystem
The transaction drew investment from an undisclosed strategic investor.
Advent sells coating resins maker Allnex to Thailand’s PTTGC for $4.75b
The deal values Allnex at 12.2 times its annual core earnings.
Juventas bags $62m and 23 more deal updates from Greater China
Juventas’s fresh funding was co-led by CICC Capital’s sub-fund and Oceanpine Capital.
Finch Capital-backed Nomu Pay acquires Wirecard units in Malaysia, HK
Nomu Pay is in the process of closing deals related to Wirecard entities in the PH, Thailand and Turkey.