Deal focus: Glimmer in a dormant Pakistani ecosystem
Pakistan’s Trukkr quietly spent a hardscrabble pre-seed period building infrastructure while competitors leveraged a short-lived VC boom to grow quickly. The patience appears set to pay off
Pakistan’s start-up scene enjoyed good years from 2021 to 2022, maybe too good. Annual VC investment in the country has historically averaged less than USD 30m, but it jumped to USD 193.3m in 2021 and...
HKEX relaxes rules for IPOs by pre-profit tech companies
The Hong Kong Stock Exchange (HKEX) has loosened its listing requirements to allow pre-profit technology companies to go public with market capitalisations as low as HKD 6bn (USD 764m).
Asia GPs must get smarter on target selection, costs - Bain & Co
Careful target selection – based on geography and sector – and increased emphasis on cost controls during ownership will be critical factors for Asian private equity investors as the industry braces for a downturn, according to Bain & Company.
Longreach buys Japan healthcare SaaS player
North Asia buyout specialist The Longreach Group has invested an undisclosed sum in Wellness Communications Corporation (WCC), a Japanese healthcare software-as-a-service (SaaS) provider.
Asia-Europe investor AGIC supports Danish electronics buyout
AGIC Capital, a specialist in Europe-China cross-border deals, has backed the acquisition of PR Electronics, a Danish manufacturer of signal processing equipment with an existing base in China.