Singapore-based Internet of Things (IoT) service provider UnaBiz has announced raising $25 million in its pre-Series C funding round to grow globally and deepen its market penetration. The funding round, which UnaBiz expects to make a final close by October 2024, was backed by KDDI Open Innovation Fund 3, the corporate venture fund of Global… Continue reading Signapore IoT service provider UnaBiz raises $25m in pre-Series C fundingThe round was backed by KDDI Open Innovation Fund 3 and KYOCERA Communication…
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KKR to help Fuji Soft go private under $4b management buyoutFuji Soft is planning the buyout to improve its capital efficiency.
U.S. private equity firm KKR & Co plans to help Japanese system developer Fuji Soft go private under a management buyout worth about 600 billion yen ($4.09 billion), the Nikkei business daily reported on Wednesday. Fuji Soft is planning the buyout to improve its capital efficiency amid ongoing conflicts with its major shareholders, including Singapore-based… Continue reading KKR to help Fuji Soft go private under $4b management buyoutFuji Soft is planning the buyout to improve its capital efficiency.
CVC Capital Partners picks up majority stake in Indonesia’s Siloam HospitalsDealStreetAsia first reported the development in May.
Indonesian conglomerate Lippo Karawaci has officially sold most of its stake in local hospital chain Siloam International Hospitals to CVC Capital Partners, which has become the majority stakeholder. According to a disclosure on the Indonesia Stock Exchange (IDX), CVC’s Prime Health Company Limited and Lippo Karawaci’s Megapratama Karya Persada have divested 5.85 billion shares in… Continue reading CVC Capital Partners picks up majority stake in Indonesia’s Siloam HospitalsDealStreetAsia first reported the development in May.
India Digest: Kindlife, Visit Health secure fundingKindlife was co-founded by Radhika Ghai, who also co-founded Indian online marketplace ShopClues.
Kindlife, an online marketplace for environmentally-friendly beauty and wellness products, raised Series A funding, while Visit Health raised more than Rs 250 crore in a combination of primary capital infusion and secondary purchase of shares. Kindlife raises 8m in Series A funding Kindlife, an online marketplace for cruelty-free, environmentally-friendly beauty and wellness products, has raised… Continue reading India Digest: Kindlife, Visit Health secure fundingKindlife was co-founded by Radhika Ghai, who also co-founded Indian online marketplace ShopClues.
India Digest: BlueBinaries, SigTuple, Punch raise fundsPunch raised funding from Stellaris Venture Partners, Innoven Capital, others.
Punch, a trading platform developed by Market Pulse Securities; health technology startup SigTuple; and BlueBinaries Engineering and Solutions have raised funding. Anicut Capital invests $7.2m in BlueBinaries Anicut Capital, a multi-asset investment firm, has invested $7.16 million in BlueBinaries Engineering and Solutions, a leading engineering and technology services company. BlueBinaries serves a customer base in… Continue reading India Digest: BlueBinaries, SigTuple, Punch raise fundsPunch raised funding from Stellaris Venture Partners, Innoven Capital, others.
India: IFC weighs $20m investment in Uber-backed Everest FleetIFC’s proposed investment is part of a total targeted capital raise of $40-50 million in…
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PH e-commerce startup GrowSari bags funding and other SE Asia dealsThe announcement confirms DealStreetAsia’s earlier report.
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Taiwanese logistics player BBTruck raises $6m in pre-Series A fundingThe round was co-anchored by Oasia Venture, H2U Corp, and Starworks Entrepreneuri…
Taiwanese smart logistics firm BBTruck has announced raising $6 million in a pre-Series A funding round that will help finance its global market expansion. The round, which brings the startup’s total funding to $6.5 million, was co-anchored by Oasis Venture, H2U Corp, and Starworks Entrepreneurial Venture Capital, per the announcement. BBTruck, founded in 2019, operates… Continue reading Taiwanese logistics player BBTruck raises $6m in pre-Series A fundingThe round was co-anchored by Oasia Venture, H2U Corp, and Starworks Entrepreneuri…
SG’s contaminant detection provider Aprisium bags $7m in Series A roundThe round was led by Deep-Tech Venture Partners and Cocoon Capital.
Aprisium, a Singapore-based provider of advanced contaminant detection and monitoring solutions, has announced the completion of its oversubscribed $7-million Series A funding round. The round was led by Deep-Tech Venture Partners and Cocoon Capital, with significant participation from Woh Hup and Solisa Peppercorn. The proceeds will be used to further accelerate Aprisium’s expansion into Europe,… Continue reading SG’s contaminant detection provider Aprisium bags $7m in Series A roundThe round was led by Deep-Tech Venture Partners and Cocoon Capital.
Ola Electric gets bids worth $1.8b in India’s first EV IPOThe SoftBank-backed company’s $734 million IPO is India’s biggest so far this year.
Ola Electric’s IPO drew $1.8 billion in bids as the share sale closed on Tuesday, as investors piled into the first stock offering by a pure-play electric vehicle maker in India. The SoftBank-backed company’s $734 million IPO, also India’s biggest so far this year, received bids for 1.99 billion shares, about 4.3 times the number… Continue reading Ola Electric gets bids worth $1.8b in India’s first EV IPOThe SoftBank-backed company’s $734 million IPO is India’s biggest so far this year.