Temasek Holdings and EV Growth have led a $40 million Series D investment in Social Bella, an Indonesian online services provider for the beauty and lifestyle industry.
They were joined by Singapore’s EDBI, Pavilion Capital, and Jungle Ventures. It follows a $12 million round last year from EV Growth, UOB Ventures, and iStyle, a VC-backed cosmetics player in Japan....
The thinking behind EQT’s decision to open a Sydney office sheds some light on the need among investors to bring more than firepower to a pricey and competitive market
Anchorage Capital Partners has agreed a A$100 million ($66 million) carve-out of the refrigerated logistics division of Automotive Holdings Group (AHG), an Australia and New Zealand-based car dealership business.
CBC Group, a China-focused healthcare investor, has raised a $300 million credit fund that will issue financing to companies backed by royalties, revenue interests, and other cash flows.
Insignia Ventures Partners and Credence Partners are backing a Philippines rollout by Tonik Financial, which claims to be the first digital-only bank in Southeast Asia.