ZYOD, a global B2B platform for apparel sourcing and manufacturing, has raised $18 million in its Series A funding round led by RTP Global. The financing, which was a mix of debt and equity investment, also saw the participation of returning investors Lightspeed Venture Partners and Alteria Capital, the Gurugram-based startup said in a statement.… Continue reading Indian B2B apparel manufacturer ZYOD raises $18m funding led by RTP GlobalThe financing also saw participation of returning investors Lightspeed Ventu…
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Hong Kong SPAC Black Spade Acquisition II eyes $150m US IPOThe previous SPAC agreed to merge with Vietnamese automobile manufacturer VinFast last year…
Black Spade Acquisition II, a Hong Kong-based special purpose acquisition company (SPAC), has officially filed to raise up to $150 million in an initial public offering in the US. The blank cheque firm plans to offer 15 million units at $10 apiece, with each unit consisting of one Class A ordinary share and one-third of… Continue reading Hong Kong SPAC Black Spade Acquisition II eyes $150m US IPOThe previous SPAC agreed to merge with Vietnamese automobile manufacturer VinFast last year…
KKR looking to raise $20b for latest North America buyout fundThe fundraising will be a test of how KKR’s investors view its recent record with buyout…
KKR is seeking about $20 billion from investors for its latest flagship North America private equity fund, according to people familiar with the matter, three years after it launched its predecessor fund of similar size. The New York-based firm, which had $578 billion in assets under management as of the end of March, is returning to a tougher fundraising market for buyout funds. Some investors have been reluctant to make new commitments… Continue reading KKR looking to raise $20b for latest North America buyout fundThe fundraising will be a test of how KKR’s investors view its recent record with buyout…
Charticle: SE Asia’s Software & IT startups raised $99m in Q1—all of it by blockchain firmsSingapore-based Morph, which raised $20m, sealed the bigges…
Demand for startups in Southeast Asia’s Software & IT vertical soared in the first quarter of 2024 but the interest was fuelled entirely by blockchain startups. Q1 2024 was the first quarter in the last four years when non-blockchain startups couldn’t clinch a single deal from private equity (PE) or venture capital (VC) investors. Software… Continue reading Charticle: SE Asia’s Software & IT startups raised $99m in Q1—all of it by blockchain firmsSingapore-based Morph, which raised $20m, sealed the bigges…
Singapore’s Jungle Ventures said to target $600m for latest fund
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Former Kejora top brass-founded Maven Asia Capital to hit final close of debut fund soon
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Fast-fashion retailer Shein confidentially filed for London listing in early JuneThe China-founded company was valued at $66 billion in a fundraising …
Shein confidentially filed papers with Britain’s markets regulator in early June for a potential London listing, two sources said, as the online fast–fashion retailer moves ahead with what could one of the largest IPOs globally this year. The China-founded company, which was valued at $66 billion in a fundraising round last year, started engaging with its financial and legal advisors to explore a listing on the London Stock Exchange early this year, Reuters reported… Continue reading Fast-fashion retailer Shein confidentially filed for London listing in early JuneThe China-founded company was valued at $66 billion in a fundraising …
Chinese satellite maker MinoSpace secures over $137m in Series C1 round
Satellite manufacturer MinoSpace Technology has secured 1 billion yuan ($137.7 million) in a Series C1 financing round led by the Wuxi Economic Development Zone Shangxian Industry Investment Fund, which is managed by SIP Oriza PE Fund Management. SIP Oriza PE Fund Management is the private equity investment arm of Suzhou Oriza Holdings, a state-owned investment… Continue reading Chinese satellite maker MinoSpace secures over $137m in Series C1 round
India: Prosus writes off Byju’s investment, records $493m lossA few days ago, BlackRock and Baron Capital Group also reduced the valuation of their st…
Netherlands-based technology investor Prosus has written off the value of its 9.6% stake in Byju’s, once considered one of the most valued startups in India. “In the current financial year, the group wrote off the fair value of its 9.6% effective interest in Byju’s due to the decrease in value for equity investors. A fair… Continue reading India: Prosus writes off Byju’s investment, records $493m lossA few days ago, BlackRock and Baron Capital Group also reduced the valuation of their st…