Deals
The company intends to deploy the funds toward expanding its product portfolio.
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OTP Ventures leads funding in Fifth Sense and other India deals
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Editor's take: The week that was — April 13-18
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Vietnamese digital banks face profitability challenge amid aggressive expansion drive
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Advent-backed Brazilian payments unicorn Ebanx makes SE Asia push
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VN Digest: HDBank partners LSE; Techcom Securities raises $488m loan; HCMC Fund officially launches
More Stories
Advent tests market again with potential $400m sale of Singapore’s The Learning Lab
Viewpoint: Indonesia’s consumer sector holds promise for PE but due diligence has sharpened
Wealth funds of China, Indonesia, Azerbaijan launch $1b PE platform
Analysis
Monthly startup funding data analysis from Greater China, SE Asia and more in this edition.
The funding will be used to deploy 2.2 million smart meters in West Bengal.
Move will pit Flipkart against Accel-backed BookMyShow and Zomato’s District.
Venture Capital
Accel’s latest raise includes a $4-billion Leaders Fund for late-stage investments.
PROMAFT and V3 Ventures led the Series B funding in The Hosteller.
Private Equity
The term sheet is understood to have been already submitted.
InfoEdge Ventures and Kae Capital also invested in GobbleCube.
IPOs & Markets
Current rules stipulate that IPO documents need to be refiled if the planned fundraising amount changes by 20% or more.
Xpheno did not disclose the valuation it plans to target at the IPO.
