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Vickers Venture, ZTC Private Markets, and Singapura Finance Lead USD21m Investment in Singaporean Fintech MatchMove
Vickers Venture Partners, ZTC Private Markets, and Singapura Finance led a USD21m investment in Singapore-based fintech MatchMove, with participation from NTT Investment Partners, Iconic World, and V V Pentafond. Read More
Openspace Leads USD3m Series A for Thai Agtech Freshket
Openspace Ventures led a USD3m Series A for Thailand-based agtech Freshket, with participation from ECG-Research, Innospace, Tanihub co-founders Pamitra Wineka and Ivan Sustiawan. Existing investors Denis Asia Pacific and Thai family office Seedersclub also participated. Read More
CVC Capital Partners to Exit Stake in Indonesian Personal Care Products Manufacturer Softex Indonesia in USD1.2b Deal
A group of shareholders including CVC Capital Partners will exit their stakes in Indonesia-based personal care products manufacturer Softex Indonesia via a USD1.2b sale to Kimberly-Clark Corp. CVC Capital Partners originally invested in the company in 2015 through CVC Capital Partners Asia Pacific IV. Read More
PAG Reaches USD1.5b Final Close for Asian Loan Fund IV
PAG has reached a USD1.5b final close for its Asian Loan Fund IV, a pan-Asia private debt vehicle. Read More
KKR and TPG Invest USD220m in Singaporean Proptech PropertyGuru
Existing investors KKR, through its KKR Asian Fund III, and TPG have invested an additional USD220m in Singapore-based proptech PropertyGuru. Read More
3one4 Reaches USD40m First Close for Third VC Fund
India-focused VC 3one4 Capital has reached a USD40m first close for its third VC fund. The vehicle, which targets USD100m, aims to invest in early-stage startups across sectors such as SaaS and enterprise automation, direct-to-consumer, media and content, fintech, and deep technology in India. Read More
LeapFrog, SBI, and Others Invest USD54m Series B for Indonesian Insurtech PasarPolis
LeapFrog Investments, SBI Investment, Xiaomi, Alpha JWC Ventures, and Intudo Ventures have invested a USD54m Series B for Indonesia-based Insurtech PasarPolis. Existing Series A investors also participated in the round. Read More
Tigermed and Yingke PE Lead USD100m Series C for Chinese Biopharma Adlai Nortye Pharma
Tigermed and Yingke PE led a USD100m Series C for Adlai Nortye, a China-based clinical-stage biopharmaceutical company focused on developing immuno-oncology medicines, with participation from ATCG Holdings, ICBC Asset Management, and two funds affiliated with Yingke PE. Read More
SoftBank Leads USD100m Series C for Digital Therapeutics Startup Biofourmis
SoftBank, through its Vision Fund II, led a USD100m Series C for Biofourmis, a US-based AI and digital therapeutics startup originally founded in Singapore, with participation from returning investors Openspace Ventures, MassMutual Ventures, Sequoia Capital, and EDBI. Read More
PAG Provides USD137m in Debt to India’s Edelweiss Financial Services
PAG has agreed to provide USD137m in debt to India-based Edelweiss Financial Services via redeemable non-convertible debentures. PAG recently acquired a 51% stake in Edelweiss Wealth Management. Read More
SoftBank Leads USD150m Series F for Indian Edtech Unacademy
SoftBank, through its Vision Fund II, led a USD150m Series F for India-based edtech Unacademy at a USD1.45b valuation, with participation from existing investors Facebook, Blume Ventures, Nexus Partners, General Atlantic, and Sequoia Capital. Read More
General Atlantic Leads USD300m Series C for Brazilian Fintech Neon
General Atlantic led a USD300m Series C in Brazil-based fintech Neon Pagamentos, with participation from BlackRock, Vulcan Capital, PayPal Ventures, Endeavor Catalyst, and BBVA, and follow-on from monashees and Flourish Ventures. Read More