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
Asia’s rest
Tikehau Capital, funded by Temasek, acquires a majority position in Asia-focused Foundation PE.
The deal also supports Foundation PE’s $250 million launch fund’s second closing.
Just Arrived
Trending
Temasek-backed Tikehau Capital increases its holding in Asia-focused Foundation PE to a controlling position.
Suning’s stock in China has increased by 10% as a result of a debt restructuring.
SMFG of Japan will pay $2 billion for a 74.9 percent share in Fullerton India.
Carsome invests in PT Universal Collection, an Indonesian car auction company.
India: Pine Labs receives $600 million in funding from Fidelity, BlackRock, and other investors.
More Accounts
Malaysia’s iMedia has purchased a 100 percent share in Favful, a beauty e-commerce site.
Bank Jago is preparing to introduce services on the Gojek platform in Indonesia.
Tanglin Venture Partners, a Singapore-based venture capital firm, expects to conclude its second fund in the third quarter for $100 million.
Mekong Capital, a Vietnam-based private equity firm, has invested in HSV Group, a cosmetics store.
Telecom executives from other countries are not allowed to leave Myanmar without the authorization of the military regime.
Deals
Suning’s stock in China has increased by 10% as a result of a debt restructuring.
Because of the 8.8 billion yuan acquisition, the company will be without a controlling stakeholder.
India
SMFG of Japan will pay $2 billion for a 74.9 percent share in Fullerton India.
SMFG agreed to invest in Rizal Commercial Banking, a Philippine lender, last month.
Carsome invests in PT Universal Collection, an Indonesian car auction company.
Carsome is making its first investment in Southeast Asia this year with this purchase.
Pine Labs, a venture capital firm based in India, has raised $600 million in funding from Fidelity, BlackRock, and other investors.
Pine Labs has a market capitalization of $3 billion.
Deals After raising stakes, Emtek Group is in talks to join forces with Grab Indonesia.
The prospect of putting Emtek’s Vidio app on the Grab platform is currently being discussed.
Deals ESR, which is backed by Warburg, has increased the size of Japan Logistics Fund III to $1.35 billion.
Over time, the growth will raise Fund III’s overall investment capacity to $4.2 billion.
As the digital banking race heats up, Voyager and YouTrip raise the bar.
This episode focuses on Southeast Asia’s prospective challenger banks, which are still raking in cash.
Analysis
Vietnamese retailer backed by Alibaba After raising financing, CrownX plots a road to profitability.
Masan, the parent company, is working to improve its omnichannel strategy and is placing a large bet on e-groceries.
Temasek and HPS Investment have sold their shares in US solar company Cypress Creek Renewables to EQT.
EQT, a Swedish private equity firm, will buy Cypress Creek as part of its fifth infrastructure fund./n
Read More
