Southeast Asia
Clifford Chance launches Singapore legal tech incubator
Clifford Chance has launched a start-up incubator focused on legal technology and innovation in Singapore.
TNB Ventures, Aura Group close $23m VC fund
Singapore’s TNB Ventures and Australia’s Aura Group have jointly closed a S$31.1 million ($27 million) venture capital fund that will invest in data-driven B2B companies across Southeast Asia.
Natixis merges regional PE units
The asset management business of Natixis has launched a global private equity firm by merging three existing PE affiliates, including Singaporean fund-of-funds Eagle Asia Partners.
ADB backs Creador’s Southeast Asia fund
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Southeast Asia's Grab raises $150m from Yamaha
Japan’s Yamaha Motor has invested $150 million in Southeast Asia-based ride-hailing app Grab as part of a strategic partnership aimed at developing the company’s motorcycle hailing services in the region.
The crystal ball: Predictions for 2019
Industry participants share their outlooks on some of the biggest economic drivers of the day, including fast-growing sectors and shifting deal making factors across Asia’s varied markets
CDC backs Asia PE, VC funds
UK-based development finance institution (DFI) CDC Group has made commitments to several private equity and venture capital funds based in Asia as part of its global investment strategy.
KKR's global impact fund makes debut investment in Asia
KKR has committed up to S$45 million ($32.8 million) to Barghest Building Performance (BBP), a Singapore-based provider of energy saving solutions for heating and cooling systems. It is the first investment from the firm's global impact strategy.
SoftBank, Alibaba lead $1.1b round for Indonesia's Tokopedia
SoftBank Vision Fund and Alibaba Group have joined a $1.1 billion round for Indonesian e-commerce and related online services provider Tokopedia.
2018 in review: Volatility vortex
Pan-regional funds attract the bulk of capital while the renminbi space withers; mixed fortunes for internet IPOs and trade sales; big buyouts fail to deliver but growth-stage tech stays strong
Singapore's Jungle increases target for Fund III
Singapore-based Jungle Ventures has raised the target for its third Southeast Asia-focused VC fund from $150 million to $200 million.
PE and SMEs: Southeastern bind
Difficulties connecting private equity investors with small to medium-sized enterprises in traditional industries remain a key barrier to growth in Southeast Asia. Novel approaches will be necessary
Grab invests $100m in India's Oyo
Southeast Asian ride-hailing player Grab has invested more than $100 million in India-based online hospitality platform Oyo.
Eastspring expands China footprint with Shanghai office
Eastspring Investment, a Singapore-based asset manager backed by Prudential, has opened a new office in Shanghai as part of an ongoing China expansion strategy.
PE and aquaculture: Fishtech of the future
Rising consumer demand for high-quality products and the emergence of technologies that allow greater efficiency are driving investor interest in Asia’s previously overlooked aquaculture industry
Fund focus: ADM aims for clarity in private debt
ADM Capital prioritizes transparency as it closes its latest Asia-focused secured lending fund. Environmental, social, and governance issues are also high on the agenda
Singapore's SolarHome gets $10m for Myanmar push
SolarHome, a Singaporean off-grid solar specialist, has received $10 million in debt funding for a Myanmar expansion from crowdfunding platforms Crowdcredit and Trine.
KKR invests $366m in Singapore’s V3 Group
KKR has confirmed it will invest up to S$500 million ($366 million) in Singapore-based luxury lifestyle and wellness products company V3 Group at an enterprise valuation of about S$1.7 billion.
Golden Gate commits $18m to Malaysia
Singapore-based Golden Gate Ventures has committed to invest MYR75 million ($18 million) in Malaysian technology start-ups and opened a new office in the country.
ADM raises $178m for Asia secured lending fund
ADM Capital has closed its Asia Secured Lending Facility II (ASLF II) with $178 million for small and medium-sized enterprises (SMEs) in Asia.
Cocoon launches $20m Southeast Asia VC fund
Singapore-based VC investor Cocoon Capital has launched its second early-stage fund with a target of $20 million.
Asia fintech player Oriente raises $105m in seed funding
Oriente, a Hong Kong financial technology company backed by local investor BlackPine Private Equity, has raised $105 million in seed funding from a group of family offices.
IFC invests $40m in Filipino fintech player
International Finance Corporation (IFC) and IFC Emerging Asia Fund have agreed to invest $40 million in Voyager Innovations, a financial technology unit of Filipino telecom giant PLDT.
Singapore medical tech player Ark raises $40m Series A
Ark, a new Singapore-based cancer detection technology company, has received a $40 million Series A round backed by Gaorong Capital and shareholders of medical-focused investor Venturecraft.
