Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar

India Greater China Rest of Asia World

E-Commerce & Internet Economy Technology Real Estate and Infrastructure Financial Services Social Infrastructure Deals Barometer

Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO

Indonesian movie chain Cinema XXI operator eyes up to $300m in IPO

The company is aiming to complete the IPO by early 2024.

Money is no object as investors swept by AI frenzy in China

Money is no object as investors swept by AI frenzy in China

In the past three months, over 30 Chinese entities said they are developing their own large language models.

Once valued at $220m, NestAway being sold to Aurum PropTech for $11m

Once valued at $220m, NestAway being sold to Aurum PropTech for $11m

NestAway counted Sequoia, Goldman Sachs, Tiger Global among its investors.

SaaS firm Capillary Technologies bags $45m in Series D funding

SaaS firm Capillary Technologies bags $45m in Series D funding

China's Oceanpine Capital targets $600m for third USD Fund

China's Oceanpine Capital targets $600m for third USD Fund

Get daily updates from our Telegram channel

Private Equity

US pension fund Montana BOI commits $110m to two Asia funds

US pension fund Montana BOI commits $110m to two Asia funds

Last year, it pledged $50 million to Singapore-based Crescent Point Group’s third fund.

Taiwan's Fubon Life to invest up to $70m in PSG’s sixth growth fund

Taiwan's Fubon Life to invest up to $70m in PSG’s sixth growth fund

PSG, which is in the market to raise a $6.5 billion fund, plans to tap growth-stage deals.

Temasek's decarbonisation platform GenZero backs $50m funding in US startup CleanJoule

Temasek's decarbonisation platform GenZero backs $50m funding in US startup CleanJoule

The round was anchored by PE firm Indigo Partners.

Venture Capital

China's Yingke Biopharmaceutical bags $42.4m in Series B round

China's Yingke Biopharmaceutical bags $42.4m in Series B round

The round has been led by Hong Kong-listed China Life Insurance’s PE arm.

SEA Digest: Malaysian fintech Bayo Pay, Vietnam’s Oxalus raise funds

SEA Digest: Malaysian fintech Bayo Pay, Vietnam’s Oxalus raise funds

The Bayo Pay deal marks VentureTECH SBI’s maiden investment.

China's Fortune Capital holds first close of $1.13b RMB fund to double down on hard tech

China's Fortune Capital holds first close of $1.13b RMB fund to double down on hard tech

In 2022, Fortune Capital made over 70 investments - in 70% of that, it served as the lead investor.

Q & A

China's Oceanpine Capital targets $600m for third USD Fund

China's Oceanpine Capital targets $600m for third USD Fund

Impact investor Sweef Capital eyes final close of $80m debut vehicle in Q3

Impact investor Sweef Capital eyes final close of $80m debut vehicle in Q3

HK is becoming a prime venue for Web3 investors looking to raise funds: Newman Capital

HK is becoming a prime venue for Web3 investors looking to raise funds: Newman Capital

Indonesia's Evermos to focus on growth, profitability as it trains sights on IPO

Indonesia's Evermos to focus on growth, profitability as it trains sights on IPO

Deals

Once valued at $220m, NestAway being sold to Aurum PropTech for $11m

Once valued at $220m, NestAway being sold to Aurum PropTech for $11m

NestAway counted Sequoia, Goldman Sachs, Tiger Global among its investors.

India's Tata Group signs $1.6b EV battery plant deal

India's Tata Group signs $1.6b EV battery plant deal

It would have an initial manufacturing capacity of 20 Gigawatt hours (GWh).

Asia Digest: KKR-backed GenesisCare files for bankruptcy; OkayKer bags seed funding

Asia Digest: KKR-backed GenesisCare files for bankruptcy; OkayKer bags seed funding

The oncology services provider entered bankruptcy with $1.7 billion in debt.

Analysis

Money is no object as investors swept by AI frenzy in China

Money is no object as investors swept by AI frenzy in China

In the past three months, over 30 Chinese entities said they are developing their own large language models.

Hong Kong opens crypto exchange licensing ahead of retail trading

Hong Kong opens crypto exchange licensing ahead of retail trading

Hong Kong's new regulations will allow retail trading as soon as the second half of 2023.

APAC family offices cut Greater China holdings: UBS survey

APAC family offices cut Greater China holdings: UBS survey

Allocations to Greater China fell to 23% in 2022, from 40% in 2021.

Opinion

Indonesia’s tech startup ecosystem enters a moment of self-introspection

Indonesia’s tech startup ecosystem enters a moment of self-introspection

Guest Post: Generative AI’s linguistic jugglery leads the way in breaking language barriers

Guest Post: Generative AI’s linguistic jugglery leads the way in breaking language barriers

Vantage Point: Q1 scorecard of SE Asia’s listed tech majors shows shift away from GMV growth

Vantage Point: Q1 scorecard of SE Asia’s listed tech majors shows shift away from GMV growth

Editor's take: The week that was — May 1-6

Editor's take: The week that was — May 1-6

Policy and Regulations

Japan privacy watchdog warns ChatGPT-maker OpenAI against collecting sensitive data

Japan privacy watchdog warns ChatGPT-maker OpenAI against collecting sensitive data

OpenAI CEO Sam Altman in April met with PM Fumio Kishida and announced a plan to expand services in Japan.

BYJU's creditors call off negotiations to restructure $1.2b loan

BYJU's creditors call off negotiations to restructure $1.2b loan

Lenders can now sell the term B loan securities.

Singapore's Crypto.com gets major payment institution licence from MAS

Singapore's Crypto.com gets major payment institution licence from MAS

The firm had received an in-principle approval for its DPT services from MAS in June last year.