Vietnamese electric motorbike startup Dat Bike bags $2.6m and other SE Asia deals
DealStreetAsia has put together a table listing out prominent VC transactions in SE Asia this week.
Temasek, BlackRock partnership commits initial $600m to invest in firms reducing carbon
Decarbonization Partners aims to raise a total of $1 billion for its first fund.
Vietnamese VC firm Touchstone Partners launches $50m debut fund
Limited partners in the fund include Pavilion Capital, Vulcan Capital and others.
Social commerce in India to be $7b opportunity by 2025
The total reseller market in India was pegged at $600 million in 2020, according to Redseer.
China’s Alibaba shrugs off $2.75b antitrust fine, shares rally
Alibaba has come under scrutiny after Ma criticized the Chinese regulatory system last year.
Vertex Ventures said to have divested SE Asia, China funds for up to $500m
The deal could be seen as one of SE Asia’s earliest secondary transactions on a portfolio basis.
Indian meat startup Licious in talks with SG’s Temasek, others to raise funding
Apart from expanding in the Indian market, the startup is also looking to foray into SE Asia.
Harvard endowment fund sells Toshiba stake to SG activist investor 3D
With this recent purchase, 3D holds a 7.2% stake in the Japanese industrial group.