Deals
Astra group now owns a 20% stake in one of Indonesia’s largest private hospital operators.
1
IFC investment in Trifecta’s latest fund signals growing DFI focus on venture debt
2
Temasek’s capital injection into GenZero and other updates
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Asia Digest: VinFast Philippines partners with BDO; AlphaMove signs Guangxi blockchain deal
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NUS shortlisting buyers for secondhand fund stakes
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Geopolitics, unproven exits and localisation hurdles test Chinese GPs’ global push
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Venture Capital
24HMoney will serve as EMIR’s advisor across strategic domains to strengthen the group’s competitiveness.
Analysis
The fund now manages $10b in assets.
The two have been engaged in on-and-off merger discussions over the past few years
E-commerce has fallen to fourth place by equity deal volume in SE Asia.
The company had raised a $12m bridge round in late 2023 and a $54m Series B in 2020.
The acquisition adds a third gold mine to United Tractors’s portfolio.
The round also saw participation from new and existing investors.
Asia PE-VC Summit 2025
The fund is in discussions with private equity, private credit, and private real estate managers.
The announcement confirms DealStreetAsia’s report from last August.
