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
VC (Venture Capital) is a
Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
Insignia has raised $200 million in its second fund and $120 million in its first.
Just Arrived
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Insignia Ventures Partners is looking to establish a third fund, with a target of $250 million.
In Malaysia, an event organizer and the army have formed a partnership among those interested in starting a digital bank.
Fubon Life Insurance of Taiwan contributes $200 million to KKR’s global infrastructure fund.
SBI Holdings of Japan invests in AND Global, a Singapore-based microlender.
Following the Didi investigation, China will increase its examination of more foreign-listed companies.
More Accounts
After raising stakes in Grab Indonesia, Indonesia’s Bank Jago is scheduled to introduce services on the Gojek platform. Emtek Group is in talks to join forces with Grab Indonesia.
Malaysia’s iMedia buys a 100 percent share in Favful, a beauty e-commerce platform, while Mekong Capital, a Vietnam-focused private equity firm, invests in HSV Group, a cosmetics store. Alibaba-backed Vietnamese retailer The CrownX plots a route to profitability after raising money.
In Malaysia, a deals event organizer and the army have teamed up to help digital bank aspirants.
For the five digital banking licenses up for grabs, the central bank received 29 applications.
Private equity (PE) is a type of investment
Fubon Life Insurance of Taiwan contributes $200 million to KKR’s global infrastructure fund.
The flagship global fund of KKR is looking to raise $12 billion.
Deals
SBI Holdings of Japan invests in AND Global, a Singapore-based microlender.
SBI was one of the investors in the startup’s $15.3 million private placement round.
Regulations & Policy
Following the Didi investigation, China will increase its examination of more foreign-listed companies.
So far in 2021, Chinese companies have raised a total of $12.5 billion in 34 deals, setting a new high.
Surge Capital, a venture capital firm, leads investing in Locad, and there are ten more India deal reports.
Surge’s fifth cohort of 23 firms has developed new digital solutions, and Locad is one of them.
People
Paytm reshuffles its top deck ahead of its IPO, and Ant Group’s Douglas Lehman joins the board of directors.
Saama Capital managing partner Ash Lilani has been named as an independent director.
Allana Group invests $10 million in Iron Pillar Fund II, an Indian venture capital firm.
Iron Pillar is raising a second fund after deploying its initial $135 million fund.
Boral has rejected Australia’s Seven Group again, despite upping its bid to $6.6 billion.
Over the last 15 months, Seven has slowly raised its investment in Boral to 34.5 percent.
Weibo’s chairman and a state-owned company are planning to privatize China’s Twitter-like site.
A deal may put Weibo’s value at over $20 billion and allow Alibaba to exit the company./n
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