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
Unicorns
SoftBank is considering a $200 million investment in an Indian online pharmacy. PharmEasy
In the new investment round, PharmEasy is seeking a valuation of $5.6 billion.
Just Arrived
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SoftBank is considering a $200 million investment in an Indian online pharmacy. PharmEasy\sBaring PE Logen, a Korean parcel delivery company, has been sold to Asia for $324 million.
Crystal Stream backs EMaxAB; Singularity Data receives over $10 million in China Digest
Warburg Pincus, Temasek Pincus will invest $500 million in Ola, an Indian ride-hailing company, ahead of its IPO.
India: The Kotak pre-IPO Opportunities Fund has reached its first closure of $185 million.
Bukalapak, an Indonesian company, has raised its IPO aim to above $1 billion due to high demand.
Following the Gojek transaction, AirAsia is on the verge of securing two more in its digital business expansion.
Warburg ESR, a real estate platform in APAC, is being sold by Pincus.
Bukalapak, an Indonesian company, is planning an IPO that might raise up to $1.5 billion, making it the largest in IDX history.
Janio, a logistics startup based in Singapore, has raised $8 million from Choco Up, a financial firm.
Logen, a Korean parcel delivery company, was sold for $324 million by private equity firm Baring PE Asia.
In 2013, BPEA paid an unknown sum for 100 percent ownership of Logen.
Crystal Stream invests in EMaxAB, and Singularity Data receives roughly $10 million in venture capital from China.
MaxAB’s total funding now stands at $46.2 million after the Series A investment.
Temasek and Warburg Pincus will invest $500 million in India’s Ola ahead of its IPO.
Its current round of funding comes as a number of well-known Indian businesses prepare to go public.
IPOs & Markets India: Kotak pre-IPO Opportunities Fund closes at $185 million for the first time.
The fund’s initial aim was a corpus of Rs 1,000 crore, which was quickly exceeded three months after its creation.
Markets & Initial Public Offerings
The RHP of Zomato, which is preparing to go public, shows an improvement in operational indicators in the March quarter.
Higher delivery charges hurt Zomato’s unit economics in the March quarter.
Deals
Synyi AI, based in China, has raised $77 million in a Series E financing headed by IDG Capital.
Synyi AI’s Series D round was completed in December 2020, and the new funding came after that.
Kurly, a Korean grocery delivery business, has raised $200 million in a Series F round of funding.
The firm has a post-money valuation of $2.2 billion as a result of the fundraising round.
Teachmint, an online education platform, raises $20 million in a venture capital round headed by Learn Capital in India.
In just two months, the company’s value has increased by threefold.
Deals in India: Powerplay raises $5.2 million in a round headed by Accel Partners and Sequoia Capital’s Surge.
The funds will be used to expand the company’s personnel and improve the product experience./n
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