Deals
The company last raised $25m in an extended Series A round led by Openspace.
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SG fintech startup PILLAR eyes Series A funding for Middle East expansion
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Two new funds push EQT's evergreen business NAV to $11.4b in H1
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Japan's ruling party warns about suspected collusion between activist investors and PE
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Saudi PIF set to win EU nod for Electronic Arts deal: report
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Chinese stocks tumble as CXMT's $8.6b Hong Kong IPO raises liquidity concerns
More Stories
Vietnam retailer Dien May Xanh eyes HoSE listing at $3.9b market cap
Indian wealth management platform Neo Group raises $37m led by Peak XV
Blackstone hires KKR dealmaker to lead India in Asia infrastructure push
Two new funds push EQT’s evergreen business NAV to $11.4b in H1
Bybit acquired majority stake in local crypto firm NOBI last year.
Policy & Regulations
The move comes amid heightened scrutiny of Indonesia’s equity market.
The proposed financing will comprise a mix of debt and equity.
The deal followed a share transfer within the group and an additional stake purchase from an existing shareholder.
The coalition is challenging provisions in a revised financial sector law.
The winning consortiums include France’s SUEZ and Veolia as well as China’s Everbright.
The fintech continues to explore a significantly larger financing round.
Analysis
Catch up on top Asia PE-VC developments from the week.
IPOs & Markets
The stock rose 34.12% from its IPO price shortly after trading opened.
