Q & A
Set up as a new business line under Jebsen Group in 2017, Jebsen Capital has since grown its AUM to over $1 billion.
Analysis
Another startup Chickin, meanwhile, has reportedly finalised an $8m extension round.
Venture Capital
Avaada Energy aims to achieve 11 GW capacity by 2026.
Deals
India's Ola Cabs plans $500m IPO, to appoint banks soon
China's Ant Group in talks to launch Alipay+ in Indonesia
Deal Digest: Gaw Capital acquires assets in Tokyo; Indonesia's PathGen raises funds
More Stories
Indonesian poultry startup Pitik said to have laid off more than 50% staff
Hong Kong’s Jebsen Capital eyes more M&A opportunities in 2024 to drive inorganic growth
Affinity Equity Partners looks to take South Korea-listed Lock & Lock private
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.
India
Fundraising by Indian startups fell 11% sequentially to $2.6 billion in Q1.
Indonesia
This report examines the challenges facing Indonesian fintech players amid an evolving financial landscape.
PathGen has raised an undisclosed sum from East Ventures and conglomerate Royal Group Indonesia.
Rest of Asia
The sale would mark Blackstone's first major exit in S Korea, where it set up a locally-based team two years ago.
Greater China
Affinity Equity Partners already owns a 69.64% stake.
The funding round saw participation from Nuveen and other existing equity investors.
Ola is exiting the UK, Australia, and New Zealand.
The company is reportedly seeking guidance from Indonesia's central bank to operate in the country.
The company will also need a licence from the Reserve Bank of India.
Neon Fund has alone invested $500,000 in the current round.
South Korean companies made a record start to the year in terms of dollar bond issuance.
Xiaomi launched its EV car late last month with an attention-grabbing price tag of under $30,000.
This is Ola's second attempt at an IPO after a 2021 plan to raise up to $1 billion was canned.
Vietnam
World
Singapore
The Cyberspace Administration of China ordered the removal of these apps, Apple said.
US index providers and asset managers channeled $6.5b last year to 63 Chinese companies flagged by the US government.
The new bill would give ByteDance a year to sell the short-video app.
UBS will shut up to 17 of its 19 equity and bond private funds and return the money to the investors.
Malaysia