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

Quadria Capital and others select a $100 million holding in Indian drugmaker Encube.

Multiples Alternate Asset Management, a private equity firm, has left the company.

Just Arrived

Trending

Quadria and others choose a $100 million investment in Indian drugmaker Encube.
Temasek, a Singaporean investment firm, is slated to lead a $100 million investment in an Indian neobank. According to HarbourVest, Southeast Asia is a very interesting market for consumer play. Chinese CPU creator Loongson is seeking $500 million in a STAR Market IPO.
According to Bibit CEO More Stories, more has to be done to democratize Indonesia’s financial markets.

Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Bukalapak, an Indonesian unicorn, is ready to take first-mover advantage in its market launch.
According to reports, SG’s Zilingo has raised $35 million in capital from existing shareholders.
WeMaintain obtains $36 million in Series B funding for worldwide expansion and establishes a Singapore branch. In its first investment in Southeast Asia, Hedosophia backs Indonesia’s BukuKas.

Deals
Temasek, a Singaporean investment firm, is slated to spearhead a $100 million investment in Indian neobank Open.

Tiger Global and 3one4 Capital are also expected to participate in the round.

According to HarbourVest, Southeast Asia is a particularly appealing area for consumer play.

HarbourVest Partners has announced the establishment of a Singapore branch.

Markets & Initial Public Offerings
Loongson, a Chinese CPU creator, is looking to raise $500 million in an IPO on the STAR Market.

The IPO revenues will be utilized to improve the company’s R&D operations, among other things.

Questions and Answers
According to Bibit CEO, there is more work to be done to democratize Indonesia’s financial markets.

“So far, only 2% of Indonesians have participated in the capital market… there is still opportunity for expansion,” Sigit Kouwagam says.

As Indonesia enters a state of emergency, Patrick Cao claims that GoTo deals are ‘well integrated.’

Cao said the company is considering a dual listing and is in the process of figuring it out.

Analysis
In 2021, grab banks on financial services and delivery to cross the final line.

In Q1 2021, GMV in the unicorn’s Mobility category was down 36.2 percent year over year.

Deals
SoftBank of Japan leads a new fundraising round in Gympass valued at $2.2 billion.

Gympass will use the funds to expand in the United States and expand into additional categories.

Sino Land will pay $252 million to GIC and CapitaLand for a share in Raffles City Shanghai.

GIC would depart completely, while CapitaLand’s share will be reduced to 36.14 percent.

VC (Venture Capital) is a
Adrian Cheng’s C Ventures invests in CASETiFY, a tech accessory business aimed at Gen Z.

CASETiFY wants to use Cheng’s K11 “retail knowledge and footprint” to boost its sales.

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