Titan Capital has raised $24 million for its Winners fund, while Aye Finance has closed a $25.3-million business loan securitisation transaction. Separately, Livpure has raised $27.8 million from M&G Investments and Ncubate Capital Partners. Titan Capital raises $24m for winners fund Snapdeal founders’ VC firm Titan Capital, which has backed the likes of Ola, Razorpay… Continue reading India Digest: Snapdeal founders’ fund raises $24m; Aye Finance, Livpure bag fundingTitan Capital has invested in over 250 companies since 2011, includ…
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India Digest: Volt VC launches fund; Accel funds Uppercase; PE majors eye stake in TheobromaICICI Venture is eyeing a complete exit from Theobroma, al…
Accel has invested $9 million in Uppercase’s Series B funding, while Volt VC has launched its debut fund. Separately, at least four companies have submitted non-binding bids for a majority stake in bakery chain Theobroma. Uppercase raises $9m from Accel Global venture capital firm Accel has invested $9 million in luggage brand Uppercase’s Series B… Continue reading India Digest: Volt VC launches fund; Accel funds Uppercase; PE majors eye stake in TheobromaICICI Venture is eyeing a complete exit from Theobroma, al…
China’s CAS Investment hits first close of new RMB fund at nearly $421mLarge insurance firms contributed to about 30% of the total committed capital i…
CAS Investment, a Chinese technology-focused fund management firm, has reached the first close of a new RMB fund series to invest in disruptive startups in artificial intelligence (AI), cleantech, and biotech. Beijing-based CAS Investment, which counts the Chinese Academy of Sciences as a major shareholder, announced on Tuesday the first close of the Guoke Ruihua… Continue reading China’s CAS Investment hits first close of new RMB fund at nearly $421mLarge insurance firms contributed to about 30% of the total committed capital i…
Singapore’s Temasek launches dual tranche, offshore Chinese yuan bondsThe bonds will be issued under the Guaranteed Global Medium Term Note Programme.
Singapore state investment firm Temasek Holding‘s unit Temasek Financial (I) Limited (TFin-I) is planning to issue a dual-tranche offering comprising 10-year and 30-year offshore CNY bonds, according to a statement. Temasek did not disclose the amount it plans to issue for the dual-tranche offering but said the bonds will be issued under Temasek Financial’s $25-billion… Continue reading Singapore’s Temasek launches dual tranche, offshore Chinese yuan bondsThe bonds will be issued under the Guaranteed Global Medium Term Note Programme.
Family offices lead SE Asian LPs’ grip on private markets: PreqinThere were 1,400 family offices in Singapore by the end of 2023.
Southeast Asia-based limited partners (LPs), the biggest proportion of which is constituted by family offices, are allocating more to private assets, according to a Preqin report. The number of family offices in Southeast Asia has grown to a third of the total investors as of June 2024 from a fifth in 2020, the private market… Continue reading Family offices lead SE Asian LPs’ grip on private markets: PreqinThere were 1,400 family offices in Singapore by the end of 2023.
SleekFlow lands $7m in Series A+ funding from S Korean VC AtinumThe latest proceeds will help accelerate SleekFlow’s global expansion plans
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India: At $12.6b in Jan-July, PE-VC exits provide a sliver of hope to investorsThe Indian market today offers multiple exit avenues to growth capital …
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SE Asian VCs close fewer funds in H1 as investors slam on the brakesH1 2024 saw a decline in both the number of fund closes and the total capital rais…
Fundraising headwinds caught up with Southeast Asian venture capital (VC) firms in the first half of this year, resulting in a decline in both the number of fund closes and the total capital raised, finds the latest report from DealStreetAsia – DATA VANTAGE. Five venture funds reached a final close in the first semester of… Continue reading SE Asian VCs close fewer funds in H1 as investors slam on the brakesH1 2024 saw a decline in both the number of fund closes and the total capital rais…
India: Ankur Capital receives commitments from BII, MacArthur for its $150m third fundDFC and Self-Reliant India Fund had committed to the fund earlie…
Early-stage investor Ankur Capital, which focuses on businesses that use technology, has received commitments from two of its existing limited partners for its third fund that is targeting a corpus of $150 million (Rs 1,200 crore), per an announcement on Tuesday. British International Investment and the John D. and Catherine T. MacArthur Foundation have made… Continue reading India: Ankur Capital receives commitments from BII, MacArthur for its $150m third fundDFC and Self-Reliant India Fund had committed to the fund earlie…
Deals Digest: SG agrifood startup DiMuto raises $5.9m; S Korea’s Bering Lab bags $2.3mDiMuto’s Series A round was led by agirtech-focused investor The…
DiMuto, an agrifood startup based in Singapore, secured $5.9 million in its Series A funding round while South Korean legal AI translation company Bering Lab raised $2.3 million in fresh funding. SG agrifood startup DiMuto raises $5.9m Singapore-based agrifood startup DiMuto has announced raising a total of $5.9 million in its Series A funding round… Continue reading Deals Digest: SG agrifood startup DiMuto raises $5.9m; S Korea’s Bering Lab bags $2.3mDiMuto’s Series A round was led by agirtech-focused investor The…