
Gobi raises $10m for Asia seed fund

Gobi Partners has closed a USD 10m Malaysia-focused seed fund with contributions from Allianz Malaysia, Malaysia Venture Capital Management (Mavcap) and Sunway Group.
This is Gobi’s second seed fund for the market; its first closed on MYR 60m (USD 13.1m) in 2016. That fund also received support from Mavcap, a wing of the Ministry of Science active in direct and LP...
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.