Singapore-based ride-hailing and local services platform Grab has led a $100 million Series B round for Indonesian e-wallet services provider LinkAja.
BRI Ventures and Mandiri Capital Indonesia also participated. BRI Ventures, a unit of Bank Rkyat Indonesia, was launched earlier this year and was active in the local fintech space as recently as August...
A darker mood for Chinese investors in India is stirring expectations for a wave of direct secondary opportunities
Rocket Lab, a US-based space technology company that operates primarily in New Zealand, as agreed to merge with a special purpose acquisition company (SPAC) at an enterprise valuation of $4.1 billion.
The global SPAC craze is percolating into Asia, with private equity firms among the sponsors. LPs aren’t necessarily comfortable with the development, but there’s only so much they can do about it
See Fund, an investment firm established by the founder of Chinese artificial intelligence chip start-up DeePhi Technology, has raised RMB200 million ($31 million) for its debut fund.