Indonesia raised 200 billion yen ($1.28 billion) in its largest sale of Japanese yen-denominated bonds, the finance ministry said in a statement on Friday. Indonesia, a regular issuer of Samurai bonds, sold 50 billion yen of three-year notes with a 0.99% coupon, 88 billion yen of five-year notes with a 1.33% coupon, 17.7 billion yen… Continue reading Indonesia raises $1.3b in its largest Samurai bond sale
Author: Deal Street Asia Online News
Singapore’s finance admin startup Osome raises $17m in Series B+ roundWith this, the company has completed its Series B round at $40+ million in total…
Osome, a Singapore-based finance admin platform for founders and small and medium businesses, has raised $17 million in its Series B extension round, which is a mix of equity and debt, from new and existing investors, according to an announcement. This development comes two years after the company raised $25 million in a Series B… Continue reading Singapore’s finance admin startup Osome raises $17m in Series B+ roundWith this, the company has completed its Series B round at $40+ million in total…
PE giant BPEA EQT in advanced talks to invest in Indian IT firm QBurstThe 20-year-old company offers services around mobile and web development across…
Go to Source
Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed
IDX-listed investment firm PT Saratoga Investama Sedaya Tbk is understood to have finalised its exit from herbal product firm PT Deltomed Laboratories, the maker of the popular Antangin syrup. Saratoga is said to have sold its stake back to the Rahardjo family, the founders of Deltomed Laboratories, according to multiple sources familiar with the matter.… Continue reading Indonesian investment firm Saratoga said to be exiting Antangin maker Deltomed
Chinese EVs give VinFast a run for its money in Vietnam
Go to Source
Indian conglomerate Vedanta approves $1b fundraise
Indian metals-to-oil conglomerate Vedanta on Thursday said its board approved a fundraise of up to 85 billion rupees ($1.02 billion). The company also declared its first interim dividend amounting to 40.89 billion rupees. The billionaire Anil Agarwal-led company said that its committee of directors will decide on the structure of the fundraise, where the proposal… Continue reading Indian conglomerate Vedanta approves $1b fundraise
Porter becomes India’s 3rd unicorn of 2024 after fundraise: ReportThe firm last raised $100m in a Series E funding round led by Tiger Global Managemen…
On-demand logistics startup Porter has raised funds from friends and family in a round which has catapulted it in the unicorn club of India, MoneyControl reported on Thursday. In the round, around 15-20 individuals bought shares worth Rs 25 crore from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, the… Continue reading Porter becomes India’s 3rd unicorn of 2024 after fundraise: ReportThe firm last raised $100m in a Series E funding round led by Tiger Global Managemen…
Futures exchange operator CME Group said to mull launching bitcoin tradingThe exchange has been holding discussions with traders who want to buy/sell …
CME Group, the world’s largest futures exchange operator, plans to launch bitcoin trading to expand its portfolio, the Financial Times reported on Thursday. The Chicago-headquartered exchange has been holding discussions with traders who want to buy and sell bitcoin on a regulated marketplace, the newspaper said, citing three people with direct knowledge of the talks.… Continue reading Futures exchange operator CME Group said to mull launching bitcoin tradingThe exchange has been holding discussions with traders who want to buy/sell …
Saudi Venture Capital invests $30m in General Atlantic’s growth fundThe investment follows SVC’s strategy to attract top global fund managers to inves…
Saudi Venture Capital (SVC) has announced a $30-million investment in a private equity fund managed by US-based General Atlantic. Without divulging which fund it is backing, SVC said the vehicle will focus on investing in high-growth, tech-enabled companies across five core sectors of consumer, financial services, healthcare, life sciences, and technology. This investment follows SVC’s strategy… Continue reading Saudi Venture Capital invests $30m in General Atlantic’s growth fundThe investment follows SVC’s strategy to attract top global fund managers to inves…
SEA Digest: Kasagi Labo closes $12m pre-Series A; Chainstack bags $6mAnime-focused venture studio Kasagi Labo has raised $12 million in a pre-series A…
Southeast Asian startups in entertainment and blockchain sectors have snagged fresh funding from investors to further enhance their product offerings. Kasagi Labo raises $12 million round Kasagi Labo, an anime-focused venture studio based in Singapore and Japan, on Thursday announced raising $12 million in a pre-series A round led by Burda Principal Investments, a division… Continue reading SEA Digest: Kasagi Labo closes $12m pre-Series A; Chainstack bags $6mAnime-focused venture studio Kasagi Labo has raised $12 million in a pre-series A…