Fund focus: Reinventure seeks disruptive fintech
Leveraging its synergies with Westpac, Reinventure Group will invest in start-ups through which the bank can access innovations that complement its business model or integrate technology solutions directly into its systems
As a commuter steps out of her door in Sydney, she places an order through the Hey You app on her smartphone. Thirty minutes later she enters her favorite café, where her coffee is hot and ready to take...
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Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.