Indonesia has become a source of frustration for LPs that want to see more exits. A weak currency, slower growth and rising competition aren’t helping GPs as they seek to deliver the required returns
The fortunes of Multistrada Arah Sarana, Indonesia’s leading tire manufacturer, are linked to those of the rupiah. In 2011, with the currency trading below IDR9,000 to the US dollar, Multistrada generated...
Culture Amp, an Australia-headquartered enterprise technology provider specializing in human resources (HR), has $100 million in Series F funding at a valuation of $1.5 billion.
SoftBank Ventures Asia has led a JPY6.2 billion ($56.4 million) Series C round for Japanese sneaker marketplace and e-commerce start-up Soda.
Suyi Kim, head of Asia Pacific at Canada Pension Plan Investment Board (CPPIB), has been named senior managing director and global head of private equity.
India-based automobile marketplace Droom has raised $200 million in the first tranche of a pre-IPO funding round that values the company at $1.2 billion.