Danareksa Capital expects to see increased deal flow from Indonesian state-owned enterprises (SOE) as the government moves forward with privatization plans, said Mohammad Afdal Pamilih, the firm’s president director
Danareksa is a state-owned investment bank with a mandate to support SOE privatization and it launched private equity business to support this activity. Danareksa Capital provides a range of financing...
Pine Labs, an India payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has acquired Fave, a Malaysian counterpart also backed by Sequoia India, for $45 million.
Southeast Asia-focused ride hailing and local services platform Grab has agreed to go public in the US through a merger with a special purpose acquisition vehicle (SPAC) at an enterprise valuation of $30.4 billion.
Lever VC, a Hong Kong-based food tech investor, has achieved a fourth close of $46 million on its debut fund, claiming 2.3x growth in the value of the portfolio since 2019.