Venture Capital
The fund is anchored by Singapore-based Vertex Holdings.
Private Equity
The 20-year-old company offers services around mobile and web development across the world.
Deals
The financing will support women, especially microloan borrowers in semi-urban and rural areas.
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Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
Greater China
Funding by Greater China startups hit a two-year high of $20.1 billion in Q1 in a positive sign for the ailing private investment landscape.
Southeast Asia
Southeast Asia's startups saw an uptick in the number of funding rounds recorded in the first quarter of the year, but the total capital raised nosedived to the lowest level seen in over five years.
World
Private equity deal activity is expected to pick up due to record-high fundraising.
Rest of Asia
Mubadala Investment Company is the second-biggest state fund in Abu Dhabi.
India
Golden Gate Ventures partner Michael Lints has relocated to Qatar to oversee this expansion.
Malaysia
Ekuinas said the investment is part of its 100 million ringgit ($21 million) Dana Asas fund.
The firm last raised $100m in a Series E funding round led by Tiger Global Management and Vitruvian Partners.
Vietnam
Edgro raised the amount from nine lenders.
OTPless, set up by the founding team of BharatPe, has raised $3.5 million in its pre-series A funding round
Low-cost EV makers aim to replicate the success achieved in markets from Thailand to Brazil.
Japan brokerage seeks to grow assets under management by $260b.
Doubao app has already exceeded 100 million downloads, with more than 26 million monthly users.
Indonesia
Proceeds from the bonds will be used to finance this year's budget deficit.
Singapore
Xpeng co-President Brian Gu said he hopes the US can become more open, allowing global products to enter and compete in the market.
The position of the SEBI contrasts with that of the Reserve Bank of India.
Last week, TikTok and its Chinese parent company ByteDance filed a similar lawsuit.
This is the second-level senior exit at the firm in less than a week.