On August 6, 2021, Indonesian e-commerce unicorn Bukalapak became the first tech unicorn of its generation to make a debut on the Indonesia Stock Exchange (IDX) after raising $1.52 billion in its IPO in the bourse’s biggest offering since Adaro Energy’s issue in 2008. The IDX is now keen on attracting more such listings, given… Continue reading IDX is keen to attract more tech listings. Watch Pandu Sjahrir explain the bourse’s plans
Author: Deal Street Asia Online News
Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Private equity fund managers expect limited partners to increase allocations to the Asia Pacific. “Asia is reaching, in terms of size, skill, depth, and maturity, a stage where it probably will attract more capital as it has more experienced managers, more exit avenues, and mature private markets to take such capital,” said Sunil Mishra, a… Continue reading Top PE fund managers expect LP allocations to Asia to go up. Watch the full video here
Chinese VC firm Eastern Bell raises $2b for latest RMB and USD funds …
Chinese venture capital firm Eastern Bell Capital has raised more than 13 billion yuan ($2.04 billion) in its latest funding round, boosting the firm’s investment firepower in the world’s second largest economy. The investor in electric-car maker Xpeng Inc and Uber-like truck startup Full Truck Alliance Co raised the money through a yuan-denominated fund and… Continue reading Chinese VC firm Eastern Bell raises $2b for latest RMB and USD funds …
Foodpanda’s quick Japan exit highlights Asia’s delivery wars
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Foodpanda’s quick Japan exit highlights Asia’s delivery wars
Sea’s expansion is moving at full throttle but will the momentum last?
Premium Without a doubt, Singapore’s Sea Group has been aggressive in its expansion this year. Yet, retail investors of the Southeast Asian tech giant may be showing the first signs of wavering confidence after pushing its share price up throughout 2020 and most of 2021. Go to Source
John Riady explains the pillars transforming Indonesia’s Lippo Group. Watch the video …
In many ways, the Lippo Group is a proxy for the Indonesian economy. Its interests in various verticals — real estate, private healthcare, and tech investments — place it at the centre of SE Asia’s largest economy. Lippo’s CEO John Riady has focused on concentrating on the sweet spots in real estate and healthcare businesses.… Continue reading John Riady explains the pillars transforming Indonesia’s Lippo Group. Watch the video …
Watch investors speak on opportunities & challenges in deep-tech sector
Investor interest in the nascent deep-tech space — or companies creating a tough-to-replicate, complex, and scientific solution for a problem — is slowly picking up in South and SE Asia. While the deep-tech sector enjoys favourable government policies, particularly in Singapore, the challenge remains in the addressable market size in the region. “If you look… Continue reading Watch investors speak on opportunities & challenges in deep-tech sector
DealStreetAsia’s most read stories of 2021 and what they tell us
The year started out with all of us circumspect, as the pandemic dragged on. But, as we tracked the deals and fundraising in the space, it became clear that both businesses and their investors, looking beyond the near-term challenges, have their eyes on the supercharged growth that Southeast Asia, India and Greater China promise. Our… Continue reading DealStreetAsia’s most read stories of 2021 and what they tell us
Kopi Kenangan becomes unicorn with Tybourne, Falcon Edge-backed $96m Series C round
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Kopi Kenangan becomes unicorn with Tybourne, Falcon Edge-backed $96m Series C round
Temasek-backed Vertex gets approval to list SPAC in Singapore
Vertex Venture Holdings, which is backed by Singapore state investor Temasek Holdings, said its special purpose acquisition company (SPAC) had received an eligibility-to-list letter from the city-state’s exchange. Several funds are planning to list SPACs in Singapore, encouraged by new rules introduced by the Singapore Exchange and the easing of some measures that had been viewed… Continue reading Temasek-backed Vertex gets approval to list SPAC in Singapore