Early-stage venture capital firm Green Frontier Capital on Wednesday said it has launched its Green Frontier Capital India Climate Opportunities Fund, with a target corpus of Rs 1,500 crore ($178 million). The fund will focus on accelerating India’s low-carbon transition with Seed to Series A investments in transformative climate technologies. With India aiming to achieve… Continue reading Green Frontier Capital floats $178m India climate opportunities fundThe fund will focus on Seed to Series A investments.
Author: Deal Street Asia Online News
Swiggy makes strong debut, serving up fresh competition to ZomatoAt $12.1b, Swiggy’s valuation is currently half of Zomato’s.
Softbank-backed Swiggy debuted on the Indian stock exchanges on Wednesday at Rs 420 apiece—an 8% premium over its issue price of Rs 390. The shares ended the day at nearly Rs 464 apiece on the National Stock Exchange (NSE Ltd.), marking a 19% gain from the issue price and valuing the company at $12.1 billion.… Continue reading Swiggy makes strong debut, serving up fresh competition to ZomatoAt $12.1b, Swiggy’s valuation is currently half of Zomato’s.
Japan’s Kansai Electric to raise up to $3.3b including from issue of new sharesIt plans to use a part of the funds to improve energy efficiency and de…
Japanese utility Kansai Electric Power plans to raise 504.9 billion yen ($3.3 billion), which includes a public offering of about 148 million new shares, it said on Wednesday. The pricing of the new shares will be determined between Nov. 26 and 29, and the fundraising also includes the sale of treasury shares and a greenshoe… Continue reading Japan’s Kansai Electric to raise up to $3.3b including from issue of new sharesIt plans to use a part of the funds to improve energy efficiency and de…
Wavemaker launches $60m growth strategy amid group reorganisationThe fresh strategy dubbed Wavemaker Growth has made a $30m first close.
Wavemaker Partners, one of Southeast Asia’s most active early-stage venture capitalists, is now pulling out big cheques for growth-stage startups in the region. The fund manager has launched its first fund for growth-stage startups as the group rebrands to segregate each strategy across early-, growth-stage, and impact fund families. The fresh strategy, dubbed Wavemaker Growth,… Continue reading Wavemaker launches $60m growth strategy amid group reorganisationThe fresh strategy dubbed Wavemaker Growth has made a $30m first close.
India’s NTPC Green sets price band for $1.2b IPOThe IPO will open for bids on Nov. 19 and close on Nov. 22.
India’s NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) IPO, which is set to be the country’s third-largest this year, a newspaper advertisement showed on Wednesday. The renewable energy company’s IPO will open for bids on Nov. 19 and close… Continue reading India’s NTPC Green sets price band for $1.2b IPOThe IPO will open for bids on Nov. 19 and close on Nov. 22.
Foodtech startup Kamereo secures fresh funding as part of Series B roundKamereo has raised $2.8m from Sumitomo Corporation as part of the round.
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 Wed, 13 Nov 2024 01:58:01 GMT… Continue reading Foodtech startup Kamereo secures fresh funding as part of Series B roundKamereo has raised $2.8m from Sumitomo Corporation as part of the round.
China’s resilient consumer sector to top investor allocations: GenBridge CapitalGenBridge manages around $1 billion in assets and has invested in some…
Go to Source
Blackstone invests $300m in hedge fund Brigade CapitalBrigade is an established manager with some $28b in assets and is expanding in the private credi…
Hedge fund Brigade Capital is receiving a $300 million investment from Blackstone to help build its new private credit strategy and expand its collateralized loan obligations (CLO) platform, two people familiar with the matter said. Brigade, an established credit investment specialist that made headlines earlier this year with a joint bid for department store Macy’s… Continue reading Blackstone invests $300m in hedge fund Brigade CapitalBrigade is an established manager with some $28b in assets and is expanding in the private credi…
Indonesian energy firm Adaro Andalan eyes $291m in local IPOAdaro Energy’s stake in Adaro Andalan will be diluted to 90% from 99.99% after the IPO.
Indonesia’s Adaro Energy is looking to raise 4.6 trillion rupiah ($291 million) through an initial public offering (IPO) of its thermal coal unit Adaro Andalan Indonesia. Owned by conglomerate Garibaldi Thohir, Adaro Energy is the world’s sixth-largest coal miner and holds 99.99% ownership of Adaro Andalan. Its stake will be diluted to 90% after the… Continue reading Indonesian energy firm Adaro Andalan eyes $291m in local IPOAdaro Energy’s stake in Adaro Andalan will be diluted to 90% from 99.99% after the IPO.
China Digest: Animoca’s Mocaverse raises $10m; HKIC investment planThe new funding aims to fast-track and scale Mocaverse’s operations, said Animoca.
Web 3.0 giant Animoca Brands has secured an additional $10 million for its flagship project Mocaverse to boost consumer crypto adoption. Separately, the government-owned Hong Kong Investment Corporation (HKIC) seeks to work with selected fund managers to invest at least HK$300 million ($38.6 million) from the city’s investment migration scheme. Animoca raises $10m for Mocaverse… Continue reading China Digest: Animoca’s Mocaverse raises $10m; HKIC investment planThe new funding aims to fast-track and scale Mocaverse’s operations, said Animoca.