Deals
Foxmont Capital Partners led the round, with participation from ADB and Golden Gate Ventures.
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India: AceVector raises $20m from anchor investors ahead of IPO
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India: Zelio E-Mobility to raise $17.5m via preferential issue
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Goldman emerges as lead buyer for GSR Ventures’s $350m fund
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Japan's SMBC in talks to increase stake in Vietnam's VPBank
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BofA names Kameyama co-head of Japan financial institutions banking
More Stories
Founder, existing backers increase stake in coffee chain Kopi Kenangan
KKR-backed EQuest eyes $325m fundraising for Vietnam expansion
Warburg Pincus sees GCash IPO as watershed moment for SE Asia exits
Vertex Ventures said to be joining $40m round for Gene Solutions
IFC likely to invest $70m as cornerstone investor in GCash IPO
IPOs & Markets
IFC will join more than 20 cornerstone investors, including BlackRock and T. Rowe Price.
The offering would provide a much-needed boost to the Philippine equity market.
The expanded alliance will deepen cooperation in consumer-facing businesses.
PT Barito Renewables is the only company that has expressed interest in a potential acquisition of EDC.
It filed its IPO application on June 27 and expects to list in the fourth quarter.
Private Equity
Singapore-based private equity firm AIGF invested in KMC in 2019.
DALI has issued ordinary shares worth $28.4m to existing investor Venturi Partners.
Investment firm Angsana Finance bought the 19.9% stake.
The announcement confirms DealStreetAsia’s report in June.
