Venture Capital
The IFC, an existing investor, also participated.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
More Stories
Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Deals
About 45% of the budget will be used to expand its coffee house franchise and fried chicken chain.
Empo Health seeks to help in the early detection of severe diabetic foot ulcers through in-home monitoring.
The reverberations of the collapse of Silicon Valley Bank continued to be felt this week.
IPOs & Markets
In August last year, ThaiBev deferred its third attempt at a Singapore IPO of its brewery unit.
The VC is open to opportunities in healthtech, climate tech etc., says Vitavin Ittipanuvat.
Policy & Regulations
The main Thai stock index rose 2.5% at the lunchbreak on Tuesday
It was a mixed bag for the venture capital and private equity ecosystem in Asia this week.
Q & A
PrimeStreet’s venture fund has backed Mexican fintech unicorn Clip, and Thai DeFi startup FWX, among others.
Female founders bagged 12.6% of all private capital raised during the year.