Mattress maker The Sleep Company has raised $22 million (Rs184 crore) in its Series C funding round from existing investors. In a separate development, fintech startup Digivriddhi Technologies has raised $6 million in its Series A funding round led by Omidyar Network India. The Sleep Company raises $22m Direct-to-consumer mattress maker The Sleep Company has… Continue reading India Digest: The Sleep Company raises $22m; Omidyar leads funding in DigivriddhiPremji Invest and Fireside Ventures invested in Sleep Company.
Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $52. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Printed by Unregistered user on Wed, 06 Dec 2023 07:56:50 GMT… Continue reading Cultivated meat startup Meatiply raises $3.7m and other SE Asia deals
US-based investment firm Bain Capital is injecting an additional $50 million into Vietnamese conglomerate Masan Group, following a previously announced $200-million investment in October. Transaction terms remain the same as the last financing, which involves convertible dividend preference shares to be issued for 85,000 dong ($3.5) apiece and converted into ordinary shares at a 1:1… Continue reading Bain Capital to up its investment in Vietnam’s Masan Group by $50mThat brings Bain Capital’s total investment in the firm to $250 million.
Elon Musk’s artificial intelligence startup xAI has filed with the US securities regulator to raise up to $1 billion in an equity offering, according to a filing on Tuesday. The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed.… Continue reading Elon Musk’s AI firm xAI raises $135m, targets $1b in total equity funding
Indian private equity (PE) firm Paragon Partners, which recently raised over $80 million for its second fund, is set to clock a few deals in the country’s lower mid-market segment that is currently underpenetrated in terms of investments. Founded by Siddharth Parekh, the younger son of Deepak Parekh, former chairman of India’s largest mortgage lender… Continue reading It’s never been a better time to be an Indian fund manager, says Paragon Partners’s Siddharth ParekhThe PE firm, which operates in the lower mid-marke…
Shares of Institute for Q-shu Pioneers of Space (iQPS) were untraded with a glut of buy orders in their Tokyo growth-market debut on Wednesday after the satellite imagery startup raised 3.48 billion yen ($24 million) in an initial public offering. Shares of iQPS were deluged with buy orders at the initial public offering (IPO) price… Continue reading Japanese satellite imagery startup iQPS untraded with glut of bids in Tokyo debut
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Queensland government-owned investment company Queensland Investment Corporation (QIC) has expanded its global footprint presence by opening an office in Singapore to target Asian institutional investors. According to a company statement, this office will serve as a hub to strengthen local partnerships and explore new capital opportunities in the region. DealStreetAsia reported last month that QIC, through… Continue reading Queensland Government’s QIC sets up SG office to boost partnerships across Asia