Having found online-to-offline services and mobile payments too crowded, Malaysia's Fave turned itself into a digitization guide for small businesses. Collaboration with India's Pine Labs should strengthen its offering
Line Man, a parcel-to-food delivery app launched in Thailand by Japan’s Line Corporation, has raised $110 million from BRV Capital, an affiliate of BlueRun Ventures.
Sistema Asia Capital, a corporate VC arm of Russian conglomerate Sistema that focuses on India and Southeast Asia, has named Edward Tay (pictured) as CEO.
Navis Capital Partners has acquired CIA First International School in Cambodia for an undisclosed sum.
KKR - working alongside Temasek Holdings - is using Vinhomes as a means to get exposure to Vietnam's booming property market. Mergermarket and AVCJ offer some additional industry context
Singapore’s GIC Private said that steps taken last year to de-risk its portfolio – reducing its allocation to equities in favor of cash and evaluating deals with more caution – have limited the negative impact of COVID-19.
Eurazeo Growth, a joint venture between French GPs Eurazeo and Idinvest Partners, has joined a $125 million Series B round for UK and Singapore financial technology player Thought Machine.
Traveloka, an Indonesian online travel services company, has closed a funding round of $250 million, reportedly accepting a stepdown in valuation in the process.
Videogaming has outgrown entertainment and media to become a sector unto itself, with new angles for exposure multiplying rapidly. E-sports is an area to watch
Wavemaker Partners overcome COVID-19 uncertainty to close its latest fund at $111 million. Enterprise-facing and deep technology companies in Southeast Asia are likely targets
Australian VC firm Square Peg Capital has led a $16 million Series C round for StashAway, a Singapore-based digital financial services provider focused on retail wealth management.
The economic fallout from COVID-19 and an antagonistic geopolitical backdrop have simultaneously stymied and validated China’s Belt & Road infrastructure agenda
LPs from five global funds say cultural issues and a relative lack of crisis experience have led to difficulties getting quality disclosure from Asian fund managers.
Pine Labs, an Indian payments start-up backed by MasterCard, PayPal, and Sequoia Capital India, has invested Fave, a Malaysian e-commerce platform also supported by Sequoia.
Taranis, an Israel drone-based crop monitoring solution provider for farms, has raised $30 million in a Series C round eyeing expansion opportunities in Asian markets.
Industry professionals at the AVCJ Southeast Asia Virtual Forum predicted a rise in regional acquisition opportunities although valuations remain stubbornly high for now.
US-based technology investor Riverwood Capital has led a $32 million Series C round for Insider, a Singapore software start-up that helps companies develop better targeted marketing campaigns.
Two more groups featuring Asian private equity executives have listed special purpose acquisition companies (SPACs) on US bourses as interest in these structures continues to rise globally.
Singapore-headquartered venture capital firm Her Capital is seeking to raise a debut $10 million fund to invest in Southeast Asia with a gender lens-focused thesis.
Southeast Asia benefits from an enviable macro outlook versus other markets, and investment in the region is set to recover relatively quickly. But is that enough?
Vertex Holdings’ Chua Kee-Lock likens his network of VC funds seeded by the Temasek-owned entity as a distributed computer system. It will draw down more power as it grows
Wavemaker Partners has closed its third Southeast Asia venture capital fund with $111 million in commitments. The target was $100 million.
Asia has seen remarkable revivals in private equity investment and fundraising – though not in exits – over the past three months. A handful of large-cap situations mask a weak environment
Hong Kong and Singapore both position themselves as the headquarters of choice for private equity firms in Asia. But the competitive dynamics – from politics to structures – are not straightforward