India
Trifecta’s Khanna says credit strategies will attract more capital from Gulf, SE Asia, and Japan.
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SoftBank-backed unicorn Carro raises $60m from Cool Japan Fund
The vehicle will focus on India, deep tech and impact and aims to raise up to $250m.
The deeptech energy storage startup had earlier secured seed funding from Shell Ventures.
Philippines
The Philippine e-wallet’s lending arm Fuse has seen strong growth in recent years.
Singapore
‘For SE Asia to achieve sustainable success in deep tech, it must build a broad-based ecosystem’
Rest of Asia
“If our earnings don’t improve, Couche-Tard will make another attempt.”
The fund has so far raised about Rs 1,400 crore entirely from domestic investors, with 85% from family offices.
A portion of the funds will be used to speed up R&D for applications beyond apparel.
The vehicle will invest in 18-20 companies between 2025 and 2029.
General Catalyst also participated in the financing.
