Australia’s Tamboran Resources has priced its shares at $24 each to raise $75 million in its New York listing, according to the company’s filings on Thursday. The company sold 3.125 million shares in the deal that was priced at the bottom end of the $24 to $27 per share price range flagged when the deal… Continue reading Australia’s Tamboran Resources raises $75m in US listingIts largest investor Sheffield Holdings invested $20 million in the listing.
Author: Deal Street Asia Online News
In market for third private credit fund, Vivriti expects demand to remain upbeat in India
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Indonesian fashion retailer 707 said to raise fresh funding from AC Ventures
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SG-based semiconductor startup Silicon Box’s losses triple in FY23 on bulging expenses
Silicon Box, a Singapore-based semiconductor design and device integration services startup, reported a 3.2x surge in losses for the financial year ended December 31, 2023, even as it declared revenue for the first time since its inception in 2021, regulatory filings showed. Go to Source
Temasek backs Australian enviro-tech firm Samsara Eco in $65m funding roundTemasek also invested in the startup’s Series A round in 2022.
Samsara Eco, an Australian enviro-tech company that seeks to end plastic pollution, has raised $65 million in its Series A+ funding round backed by Singapore state investor Temasek Holdings and deeptech investor Main Sequence Ventures. New and existing investors, including Wollemi Capital, lululemon, Hitachi Ventures, Titanium Ventures, and DCVC, also participated in the funding round,… Continue reading Temasek backs Australian enviro-tech firm Samsara Eco in $65m funding roundTemasek also invested in the startup’s Series A round in 2022.
Saudi Arabia’s Fourth Milling Company plans to list 30% stake in IPOThe company is involved in the production of flour, feed, bran, and diverse wheat …
Saudi Arabia’s Fourth Milling Company (MC4) plans to list 162 million shares, equal to a 30% stake, on its local bourse, according to a statement by the Saudi capital markets authority (CMA) on Wednesday. Saudi regulator CMA said it had approved the firm’s public listing application, without providing a timeline for the flotation. MC4 did not immediately respond to a request for comment outside of normal business hours. The company is involved in the… Continue reading Saudi Arabia’s Fourth Milling Company plans to list 30% stake in IPOThe company is involved in the production of flour, feed, bran, and diverse wheat …
Rupeek raises $15m from Elevation Capital and India deals worth $256m
Online gold loan platform Rupeek has raised about $15 million (Rs 125 crore) in primary funding from Elevation Capital, per media reports. This is the second tranche of the new funding round in which 360 One Large Fund had already put in $6 million in May. Go to Source
Bangladesh’s Tiger New Energy secures funding from ADB VenturesThe latest capital injection follows a $2.5 million seed round led by Wavemaker Partner…
Bangladesh-based clean energy startup Tiger New Energy announced on Wednesday that it has raised $1 million in new funding from ADB Ventures. The latest capital injection follows a $2.5 million seed round led by Wavemaker Partners last year. Other investors in the previous round included 500 TukTuks, Orvel Ventures, Humble, Penataran Management and Brett Barna,… Continue reading Bangladesh’s Tiger New Energy secures funding from ADB VenturesThe latest capital injection follows a $2.5 million seed round led by Wavemaker Partner…
Advisor banks may get a $40m windfall with Hyundai’s India IPO
Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as $40 million in fees, three sources said, a windfall in a market where banks typically struggle to make money given cost-conscious clients and fewer big deals. That would be the second-highest fee pot ever for investment banks working on an initial public offering (IPO) in India and it comes amid a sharp surge in equity deals in the country,… Continue reading Advisor banks may get a $40m windfall with Hyundai’s India IPO
Indian NBFC Kogta raises $148m from Ontario Teachers’ Pension Plan
The Ontario Teachers’ Pension Plan Board has acquired a significant minority stake in Kogta Financial (India), a focused non-banking financial company (NBFC) specialising in the secured vehicle and MSME financing space, for Rs 1,230 crore ($148 million). The transaction also provides partial exits to Kogta’s existing institutional investors Morgan Stanley and Creador. Kogta aims to… Continue reading Indian NBFC Kogta raises $148m from Ontario Teachers’ Pension Plan