
IDG to boost Vietnam exposure through two new funds
The International Data Group (IDG) is reportedly set to launch two VC funds in Vietnam in the next two years, with a total capital of $400 million, targeting chiefly the IT field.
The two funds - one to launch in 2011 with a reported total capital of $150 million and the next to launch in 2012 with capital of $250 million - will join IDG's existing fund in the market, IDG Venture...
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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.