Deal Street Asia Online News – Page 1044 – I wish I had more to offer

VC firm B Capital’s SPAC trims US IPO target to $200m

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Singapore accounting software startup Osome raises $16m Series A …

Osome, a Singapore-based startup that helps in digitalising accounting and compliance services for SMEs, has raised $16 million in a Series A funding round to fuel its international expansion. Investors who joined the funding round include European investment manager Target Global, Tel Aviv-based AltaIR Capital, US-based Phystech Ventures, US- and Europe-focused early-stage fund S16VC, and… Continue reading Singapore accounting software startup Osome raises $16m Series A …

Malaysian PE firm Creador picks 30% stake in bubble tea chain Loob Holding

Leverage Edu raises $2m from Trifecta Capital and 17 more India deal updates

Sequoia Capital China backs SSENSE and 30 more deal updates

ResearchPremium Sequoia Capital China has partnered with a global fund to make an undisclosed investment in Montreal-based luxury fashion platform SSENSE, per a company statement on June 9. Following the deal, Sequoia Capital China has become a minority shareholder in SSENSE. Sequoia Capital China’s venture partner Angelica Cheung, a former editor at Vogue China editor,… Continue reading Sequoia Capital China backs SSENSE and 30 more deal updates

UK hedge fund billionaire Alan Howard backs crypto investment platform Kikitrade …

Premium Kikitrade, an Asia-based crypto investment platform, has closed a Series Pre-A extension round of financing from British hedge fund billionaire Alan Howard, as the startup ramps up efforts to serve increasingly tech-savvy young generations across largely untapped markets. Go to Source

India: Sundaram Alternates launches third real estate fund

Sundaram Alternates has launched the Sundaram Alternative Opportunities Series–High Yield Secured Real Estate Fund III. Sundaram Alternate Assets Ltd (SA) is a 100% subsidiary of Sundaram Asset Management Company Ltd (SAMC), which is in turn owned by Sundaram Finance Ltd, a leading non-banking financial company in India. Sundaram Alternates currently manages two real estate funds.… Continue reading India: Sundaram Alternates launches third real estate fund

SEA Digest: Grab, BRI Ventures launch Batch 4; Shopee boosts Latam presence

Grab and BRI Ventures have launched Batch 4 to support Indonesian startups while Shopee, the e-commerce arm of Sea Ltd, will launch in Colombia and Chile. Grab, BRI Ventures launch Batch 4 to support Indonesian startups Southeast Asian super app Grab and BRI Ventures, the venture capital arm of Indonesia’s largest state-owned bank Bank Rakyat… Continue reading SEA Digest: Grab, BRI Ventures launch Batch 4; Shopee boosts Latam presence

US-Chinese energy firm EcoFlow raises over $100m in GL Ventures-led round …

US and China-based portable power station maker EcoFlow has raised more than $100 million in a Series B round of financing led by GL Ventures, the venture capital unit of private equity firm Hillhouse Capital. The round brings the company’s market valuation to $1 billion, according to a company statement on Thursday. Proceeds from the… Continue reading US-Chinese energy firm EcoFlow raises over $100m in GL Ventures-led round …

China’s top banking regulator warns of bad loans, “serious” local real estate bubbles

China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout. In 2020, the central bank encouraged financial institutions to lower rates for virus-stricken firms and extend payment deadlines, among… Continue reading China’s top banking regulator warns of bad loans, “serious” local real estate bubbles