Asian institutional investors are looking to increase allocations to private markets in order to mitigate the risks of a potential economic downturn, a new survey has found.
As many as 60% of Asia Pacific-based respondents in BlackRock’s annual global institutional investor survey said the possibility of the cycle turning is influencing their asset allocation plans. Approximately...
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.