Mumbai-based identity verification and fraud protection platform Bureau has raised $30 million in its Series B funding led by Sorenson Capital, per an announcement on Wednesday. The round also saw participation from PayPal Ventures, along with existing investors including Commerce Ventures, GMO Venture Partners, Village Global, Quona Capital, and XYZ Ventures, the company said in… Continue reading Sorenson Capital leads $30m funding in Indian cybersecurity startup BureauThe round also saw participation from PayPal Ventures, along with existing i…
Author: Deal Street Asia Online News
India’s Vishal Mega Mart jumps 41% in trading debut to $5.8b valuationThe $943 million IPO drew bids worth $19 billion last week.
Shares of India’s Vishal Mega Mart surged 41% in debut trade on Wednesday, giving the budget retailer a valuation of $5.8 billion as investors bet on the company’s growth prospects and resilience to challenges faced by larger rivals. The stock, which listed at 104 rupees on the National Stock Exchange, rose to 110.03 rupees as… Continue reading India’s Vishal Mega Mart jumps 41% in trading debut to $5.8b valuationThe $943 million IPO drew bids worth $19 billion last week.
PH Digest: Navegar exiting Royale Cold Storage; Pinnacle selling minority stakeNavegar currently holds an estimated 30% stake in Royale Cold Storage.
Navegar, a Philippines-based private equity firm, is reportedly exiting local cold chain logistics company Royale Cold Storage while KKR-backed Pinnacle Towers is said to be selling a minority stake. Navegar reportedly exiting Royale Cold Storage Philippine-based private equity firm Navegar is exiting local cold chain logistics company Royale Cold Storage (RCS), according to a MergerMarket… Continue reading PH Digest: Navegar exiting Royale Cold Storage; Pinnacle selling minority stakeNavegar currently holds an estimated 30% stake in Royale Cold Storage.
Vietnam’s AI Hay said to be in talks to raise new funding roundThe round could be around $8 million or more, said sources.
Go to Source
India Digest: Bizom, Seekho app, Zingbus raise fundsEdtech firm Seekho has raised $8 million in Series A funding led by Lightspeed.
Retail intelligence platform Bizom, edtech firm Seekho and intercity mobility startup ZingBus have secured funding. Bizom raises $12m from Pavestone Bizom, a retail intelligence platform that optimizes distribution processes for retail brands, said it has raised $12 million in its Series B funding round led by Pavestone. Pavestone contributed $7.5 million, alongside participation from IndiaMART,… Continue reading India Digest: Bizom, Seekho app, Zingbus raise fundsEdtech firm Seekho has raised $8 million in Series A funding led by Lightspeed.
Hong Kong approves four more cryptocurrency boursesThis brings the total licensed virtual asset trading platforms in the city to seven.
Hong Kong‘s securities regulator on Wednesday approved four cryptocurrency exchanges in the city’s latest effort to stay competitive in a race to become a global centre for digital asset trading. Hong Kong has been promoting itself as a hub for assets such as cryptocurrencies in an effort to maintain its attraction as a financial centre. The Hong Kong Securities and Futures… Continue reading Hong Kong approves four more cryptocurrency boursesThis brings the total licensed virtual asset trading platforms in the city to seven.
Hohem closes Series B round and 25 Greater China deals worth around $1.4bThe smartphone gimbal maker has raised $14m led by Shunwei Capital and Legend…
Go to Source
India’s MobiKwik jumps 85% in market debut, valued at $474mThe stock listed at 440 rupees on the National Stock Exchange, compared to its offer price …
India’s MobiKwik shares soared 85% in their trading debut on Wednesday, valuing the financial technology firm at about 40 billion rupees ($474 million), as investors bet on its prospects in a booming online payments market. The stock listed at 440 rupees on the National Stock Exchange, compared to its offer price of 279 rupees. Investors… Continue reading India’s MobiKwik jumps 85% in market debut, valued at $474mThe stock listed at 440 rupees on the National Stock Exchange, compared to its offer price …
Kioxia’s shares surge on debut, valuing Japan chipmaker at $5.3bKioxia raised 120 billion yen after pricing its IPO in the middle of the indicative ra…
Shares of Kioxia rose 6% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 820 billion yen ($5.34 billion) and highlighting steady investor demand for the third biggest IPO in Japan this year. Kioxia, a major manufacturer of memory chips, raised 120 billion yen after pricing its IPO in the middle… Continue reading Kioxia’s shares surge on debut, valuing Japan chipmaker at $5.3bKioxia raised 120 billion yen after pricing its IPO in the middle of the indicative ra…
GIC invests another $150m in India’s TPG-backed Asia HealthcareThis follows GIC’s initial investment of $170m in Feb 2022.
Singapore’s sovereign wealth fund GIC will invest an additional $150 million into India-based Asia Healthcare Holdings, the companies said on Wednesday. This follows GIC’s initial investment of $170 million into the US private equity TPG-backed single specialty hospital investment firm in February 2022. “As a long-term investor, we are confident in India’s single specialty healthcare… Continue reading GIC invests another $150m in India’s TPG-backed Asia HealthcareThis follows GIC’s initial investment of $170m in Feb 2022.