SME
India MSME services provider ElasticRun raises $75m
Prosus Ventures and Avataar Ventures have led a $75 million Series D round for ElasticRun, an Indian retail services provider for the micro, small and medium-sized enterprise (MSME) segment.
Indonesia's Shipper gets $63m Series B
Indonesian logistics start-up Shipper has raised a $63 million Series B round led by DST Global and Sequoia Capital India.
Amazon fund to drive India SME digitalization
Amazon has formed a $250 million fund that will invest in India-based small and medium-sized enterprises (SMEs) with a view to supporting nationwide business digitalization.
Falcon Edge backs India B2B platform OfBusiness
Falcon Edge Capital has led a $110 million growth round for India’s OfBusiness, a B2B platform for industrial sector services, at a post-money valuation of $800 million.
Vision Fund leads $300m round for India's Meesho
SoftBank Vision Fund 2 has led a $300 million round for Meesho, India’s leading social e-commerce start-up, at a valuation of $2.1 billion.
Platinum exits Australia's Sensis to US strategic
US-based Platinum Equity has exited its control position in Sensis, best known as the operator of Australia’s White Pages and Yellow Pages directories, in a deal worth $200 million.
Tiger leads $100m Series C for India's Infra.Market
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
India’s Zetwerk secures $120m Series D
India’s Zetwerk, a marketplace for the outsourcing of small manufacturing jobs, has raised a $120 million Series D round led by US-based Greenoaks Capital and Lightspeed Venture Partners.
CLSA raises $226m for debut Asia private debt fund
CLSA Capital Partners has closed its first private debt fund at $226 million, targeting small to medium-sized enterprises (SME) deemed market leaders in Asia Pacific.
Deal focus: Cashfree targets merchants in India’s payments boom
Apis Partners' support of India-based Cashfree is driven by a recognition that the democratization of digital payments is as much about empowering traditional merchants as unbanked consumers
AIIB backs ADM's renewable energy debt fund
Asian Infrastructure Investment Bank (AIIB) has committed $100 million to an Asia-focused debt fund dedicated to renewable energy managed by Hong Kong’s ADM Capital.
Apis invests $35m in India's Cashfree
Apis Partners has invested $35 million in Indian digital payments services provider Cashfree as part of a Series B round also featuring Smilegate Investment and Y Combinator.
500 Startups launches Cambodia division
500 Startups has launched a Cambodian unit in partnership with Khmer Enterprise, a start-up ecosystem support arm of the local government’s Entrepreneurship Development Fund.
Ascent closes debut Myanmar fund at $88m
Ascent Capital has closed its debut Myanmar growth fund with $88 million in commitments. It is said to be the largest private equity fund dedicated to the country.
India's Finova gets $55m in equity, debt funding
Finova Capital, an Indian small business lending start-up, has raised $55 million in equity and debt, including $35 million in equity from Sequoia Capital India and Faering Capital.
India's Razorpay raises $100m Series D
Indian digital payments start-up Razorpay has achieved unicorn status following a $100 million Series D round led by GIC Private and Sequoia Capital India.
Sequoia backs Indonesia MSME app
Sequoia Capital India has joined a $9 million pre-Series A round for Indonesia’s BukuKas, a bookkeeping app for micro, small, and medium-sized enterprises (MSMEs).
Sequoia leads $20m Series A for Singapore's Incomlend
Sequoia Capital India has led a $20 million Series A round for Incomlend, a Singapore-based invoice trading platform that aims to democratize access to trade finance.
Intudo leads Series A for Indonesia restaurant app
Wahyoo, a digital solutions provider for Indonesian eateries, has raised $5 million in a Series A round led by Intudo Ventures.
Navegar closes second Philippines fund at $197m
Manila-based private equity firm Navegar has closed its second Philippines fund with $197 million in commitments. The initial target was $150 million.
Singapore fintech launches SME exchange in Cambodia
PLMP Venture Capital (PLMP VC), an investor affiliated with a Singaporean financial technology firm, has launched a local exchange for small and medium-sized enterprises (SMEs) in Cambodia.
Australia SME lender Judo raises $147m
Judo Bank, a PE-backed start-up that provides loans to Australian small and medium-sized enterprises (SME), has raised A$230 million ($147 million) from existing investors.
Japan's Hiroshima Venture launches start-up, SME fund
Japan’s Hiroshima Venture Capital has established a JPY1 billion ($9.3 million) fund that will invest in local start-ups and small to medium-sized enterprises (SMEs).
Hong Kong online banking start-up Neat raises $11m
Neat, a Hong Kong-based financial services start-up targeting digital entrepreneurs, has raised an $11 million Series A round with support from Visa.