India-based venture debt investor Alteria Capital has announced a first close of INR 10bn (USD 125m) on its third fund, noting there is plenty of room for growth in a local VC ecosystem where debt accounts for less than 5% of all investments, compared to 15% in the US.
The firm didn’t disclose the target size for the fund, but it received approval from the Securities & Exchange Board of India (SEBI) earlier this year to raise INR 10bn with a greenshoe option of another...
GoTo’s rocky start on the Indonesia Stock Exchange betrays the pioneering nature of the listing and cements a legacy as an ecosystem lynchpin. Long-time backer Openspace Ventures reflects
New Zealand hydrogen and zero-emission technologies developer Fabrum has raised a NZD 23m (USD 14.5m) Series A round led by UK-based AP Ventures.
Japanese corporate contact and recruitment database provider Baseconnect has raised a JPY 5.4bn (USD 41m) Series B round led by Z Venture Capital (ZVC), formerly YJ Capital.
Iwasaki Electric, a Japanese lighting solutions provider that has worked on projects ranging from sports stadiums to hospitals, is set to be acquired by The Carlyle Group through a tender offer at a valuation of JPY 34.9bn (USD 266m).