Pi-xcels, a Singapore startup that provides digital receipt solutions for retailers, has announced raising $2.7 million in its latest funding round led by global venture capital firm Headline. The fresh funding will help the startup accelerate its global expansion, particularly in the US, and strengthen its footprint in Europe, Japan, and Southeast Asia, per the… Continue reading SG digital receipts provider Pi-xcels raises $2.7m for global expansionPi-xcels seeks to expand in the US and strengthen its footprint in Europe, Japa…
Author: Deal Street Asia Online News
Fortress eyes Seven & i’s supermarket operationsSumitomo Corp is reportedly planning to take part in the first round of bidding.
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Temasek-backed OneCard raising $28.5m from investors to expand opsUS-based Better Tomorrow Ventures is understood to be joining its cap table as a new…
FPL Technologies, an India-headquartered startup that offers credit cards to customers through its fintech firm OneCard, is raising $28.5 million in a bridge round from a host of investors. According to media reports doing the rounds, US-based venture capital (VC) firm Better Tomorrow Ventures is understood to be joining its cap table as a new… Continue reading Temasek-backed OneCard raising $28.5m from investors to expand opsUS-based Better Tomorrow Ventures is understood to be joining its cap table as a new…
CICC sets up second FoF to pool billions for China’s tech growthThe new fund comes roughly eight years after CICC’s $5.5-billion CICC Qiyuan FOF.
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Worg Pharma bags funding and 26 Greater China deals worth almost $307mThe round was participated by Tsing Song Capital and PICC Capital Insurance Asse…
Worg Pharmaceuticals, a Chinese clinical-stage biopharmaceutical firm with a focus on immunotherapies, has secured “several hundreds of millions of yuan” ($14 million) in a funding round participated by local investment firm Tsing Song Capital. Go to Source
Affirma Capital sets around $350m target for debut India-focused fundThe Singapore-based PE is talks with domestic and foreign LPs.
Photo: Pixabay Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Printed by Unregistered user on Tue, 26 Nov 2024… Continue reading Affirma Capital sets around $350m target for debut India-focused fundThe Singapore-based PE is talks with domestic and foreign LPs.
Gobi Partners, Cross Capital join hands to boost Japanese investment in SE AsiaCross Capital is a business development-focused fund of funds connectin…
Asia-focused venture capital firm Gobi Partners on Tuesday announced a strategic partnership with Japan-based Cross Capital to foster cross-border innovation and enhance the flow of Japanese investments into Southeast Asia’s startup landscape. The collaboration seeks to empower startups and investors with access to resources, networks, and opportunities across the region. Founded by veteran venture capital professionals,… Continue reading Gobi Partners, Cross Capital join hands to boost Japanese investment in SE AsiaCross Capital is a business development-focused fund of funds connectin…
India: Zomato receives shareholders’ approval to raise $101m via QIPZomato has seen its stock surge 140% since its market debut.
Indian food delivery major Zomato has received shareholder approval to raise about $101 million (Rs 8,500 crore) through a qualified institutional placement (QIP), according to the company’s latest filings with the National Stock Exchange (NSE). The company has reportedly hired investment bank Morgan Stanley to initiate the process. Zomato’s fundraising plans come at a time… Continue reading India: Zomato receives shareholders’ approval to raise $101m via QIPZomato has seen its stock surge 140% since its market debut.
MR DIY’s Indonesian unit plans to raise $296m from local IPOAccording to the company’s prospectus, DIY intends to offer 10% of its shares to the publi…
PT Daya Intiguna Yasa (DIY) Tbk, a subsidiary of the Malaysian home improvement company MR DIY, is planning to raise 4.7 trillion rupiah ($296.45 million) through an initial public offering (IPO), according to its prospectus filed with IDX on Monday. The announcement follows a Bloomberg report in September which said that the Indonesian unit was… Continue reading MR DIY’s Indonesian unit plans to raise $296m from local IPOAccording to the company’s prospectus, DIY intends to offer 10% of its shares to the publi…
Tencent sells 3% stake in Indonesia’s MD Entertainment for $19mBefore the divestment, the Chinese firm held a 14.5% stake, which has now fallen to 11….
China’s Tencent, through its subsidiary Image Frame Investment (HK), has sold a 3% stake in the Indonesia-listed production house MD Entertainment for 302 billion rupiah ($19 million). According to the company’s disclosure to the Indonesia Stock Exchange (IDX), Tencent divested its stake in MD Entertainment on November 12, 2024, as part of Tencent’s partial realisation… Continue reading Tencent sells 3% stake in Indonesia’s MD Entertainment for $19mBefore the divestment, the Chinese firm held a 14.5% stake, which has now fallen to 11….