Deals
The financing was led by a consortium comprising Bank Permata, BCA, and KB Bank.
1
Circulate Capital secures $220m first close for second climate fund
2
Vietnam's first tech unicorn VNG posts 17% net revenue jump in 2025
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VinFast pushes break-even target beyond 2027 amid expansion drive
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India Digest: NowPurchase, Bachatt raise funding
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Asia Digest: Grab, WeRide roll out driverless service; Airwallex bags approvals for Malaysia launch
More Stories
Ex-KKR executive bets big on Indonesia’s mid-market with up to $150m fund
Recovery hopes fade for SE Asia-focused PE funds as geopolitical risks loom
Mekong Capital-backed F88 to offload 10% shares in 2026 IPO
Aurelius to sell APAC airline catering business to Japanese JV
EPG bags $100m in Series B+ round led by Decarbonization Partners
The assets being sold also include a mall and a hotel.
Earnings and Results
The company said the operating environment in 2026 would remain challenging.
Intudo Ventures led the funding in Pallav.
Private Equity
The fund is expected to pursue consumer opportunities across SE Asia.
Interviews
“GCC economies have been active investors in green energy in Indonesia,” says chief economist Reza Yamora Siregar.
Policy & Regulations
The practice “reduced competition and harmed consumers,” the agency said.
Indonesia’s healthcare dealmaking is underpinned by strong structural demand.
IPOs & Markets
The IDX had said companies would be assigned one, two, or three years to comply.
Analysis
CEO talks of impending market saturation, ‘dark stores,’ and Bangladesh entry.