iMotorbike, a Singapore-headquartered, pre-owned motorbike buying and selling marketplace with operations in Malaysia and Vietnam, has raised $10 million in a Series A round led by Headline Asia, a global venture capital firm focussed on B2B and B2C ventures, according to a release. Ondine Capital, 500 Global, Gobi Partners, Astor Management, and Endeavor Catalyst were… Continue reading Pre-owned motorbike trading startup iMotorbike completes $10m Series AThe round was led by Headline Asia.
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SEA Digest: uHoo raises funding; MDI Ventures invests in CYFIRMAuHoo’s funding round was co-led by Wavemaker Ventures and Menarco Development Corporat…
uHoo has raised $3.7 million in a funding round co-anchored by Wavemaker Ventures and Menarco Development Corporation, while CYFIRMA has secured an investment from MDI Ventures. Indoor air quality solutions provider uHoo raises $3.7m uHoo, a Singapore-based indoor environmental quality (IEQ) monitoring startup, has announced raising $3.7 million in a funding round anchored by Wavemaker… Continue reading SEA Digest: uHoo raises funding; MDI Ventures invests in CYFIRMAuHoo’s funding round was co-led by Wavemaker Ventures and Menarco Development Corporat…
Avendus Capital eyes first deal from third PE fund soonThe fund has raised capital from domestic LPs, including three insurers.
KKR-backed, Mumbai-based financial services group Avendus Capital, which recently secured the first close of its third private equity (PE) fund at $98 million (Rs 850 crore), is all set to clock its maiden deal from the investment vehicle, said a top executive. “We made the first close [of Avendus Future Leaders Fund III] because we had to… Continue reading Avendus Capital eyes first deal from third PE fund soonThe fund has raised capital from domestic LPs, including three insurers.
Mitsubishi Chemical picks Bain as preferred bidder for subsidiaryThe company is likely to sell its unit to Bain Capital for more than $3.2 billion.
Mitsubishi Chemical Group picked U.S. investment fund Bain Capital as the preferred bidder for its pharmaceutical subsidiary, Tanabe Mitsubishi Pharma, the Nikkei reported on Monday. The company is likely to sell its Tanabe Mitsubishi Pharma unit to Bain Capital for more than 500 billion yen ($3.2 billion), the report said. Mitsubishi Chemical was not immediately… Continue reading Mitsubishi Chemical picks Bain as preferred bidder for subsidiaryThe company is likely to sell its unit to Bain Capital for more than $3.2 billion.
Early-stage VC Foothill Ventures closes oversubscribed Fund III at over $110mThe firm makes pre-seed, seed, and Series A investments in startups acros…
Foothill Ventures, a Los Altos, California-based technology venture fund that invests in seed and Series A rounds, has closed its oversubscribed third fund at over $110 million, according to a company executive. An early investor in the now Nasdaq-listed Chinese self-driving firm WeRide and the US-based popular speech-to-text app Otter.ai, Foothill Ventures held the final… Continue reading Early-stage VC Foothill Ventures closes oversubscribed Fund III at over $110mThe firm makes pre-seed, seed, and Series A investments in startups acros…
Indonesia’s East Ventures closes maiden continuation fund with Coller CapitalThe GP-led transaction was designed for East Venture’s fifth seed fund.
Indonesian venture capital firm East Ventures has closed its inaugural continuation fund underwritten by secondary specialist Coller Capital, per a statement. The GP-led transaction was designed for East Venture’s fifth seed fund, bringing the total distributions-to-paid in capital (DPI) of the fund to approximately 2x, the company said. It was structured with a component of… Continue reading Indonesia’s East Ventures closes maiden continuation fund with Coller CapitalThe GP-led transaction was designed for East Venture’s fifth seed fund.
India Digest: Veteran investors launch new VC firm; Oyo revives IPO plansThe firm is eyeing the first close of its debut fund by March this year.
PE-VC veterans have joined hands to launch SamVed VC to back early-stage startups in India. Separately, hospitality giant Oyo is said to be reviving its IPO plans. SamVed VC targets $50m corpus for debut fund PE-VC veterans from Bridgewater Associates, LetsVenture, and Info Edge, among others, have joined hands to launch SamVed VC to back… Continue reading India Digest: Veteran investors launch new VC firm; Oyo revives IPO plansThe firm is eyeing the first close of its debut fund by March this year.
Indian PE firm Multiples eyes $300-400m for continuation fund: ReportThe firm closed its fourth fund at around $800 million early last year.
India’s Multiples Alternate Asset Management, led by former ICICI Venture veteran Renuka Ramnath, is eyeing a continuation fund with a target corpus of $300-400 million, Mint reported. The fund, which will include assets such as Vastu Housing Finance, APAC Financial Services Private Limited, and Quantiphi, is expected to roll out in the next few weeks,… Continue reading Indian PE firm Multiples eyes $300-400m for continuation fund: ReportThe firm closed its fourth fund at around $800 million early last year.
Northstar Group said to be in merger talks with Ares ManagementNorthstar is looking at a potential sale of its majority stake.
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Tech innovations, scalable models key to addressing Asia’s food security problemAPAC’s unique challenges necessitate innovative approaches, signalling…
(Left to Right): Aastha Maheshwari, Senior Reporter, Indonesia, DealStreetAsia (Moderator); Muhammad Yoga Anindito, Co-founder and Chief Executive Officer, Semaai; Tubagus Syailendra Wangsadisastra, CEO & Co-Founder, Chickin; Jeremy Phua, Associate Director, Seviora Capital; Ronald Simorangkir, CEO, Mandiri Capital Indonesia Go to Source