India
Trifecta Venture Debt Fund IV will focus on high-growth, early stage and beyond companies.
1
China's CATL launches new brand of sodium-ion batteries for EVs
2
India Digest: Gulf Capital exits Kuiper Group; ITC increases stake in Mother Sparsh
3
Saudi Aramco signs development deal with Chinese EV giant BYD
4
Thailand's CP Foods to buy Itochu's stake in CP Pokphand for $1.1b
5
IFC mulls $40m equity investment in India's Home First Finance
More Stories
Will trade war put a pause on global GPs’ fundraising attempt in Asia?
Zalora slashes 100 jobs in SE Asia amid strategic overhaul
Indonesian theme park operator Taman Safari mulls local IPO
India hosted most IPOs in Q1, but market may have neared a peak: EY report
Bankers get creative to sign M&A deals amid Trump’s trade war
It has raised $232.8 million so far for the vehicle.
A clutch of domestic and offshore LPs have committed to the fund.
Kotak’s proposed fund will be open for subscription to both offshore and local investors.
World
BlackRock, one of the world’s biggest money manager, had $11.6 trillion in AUM as of December 31.
Rest of Asia
Choco Up plans to power asset-light businesses across APAC where it sees a $2t funding gap.
Greater China
ADM Capital is in the market for at least two funds with a combined target of $500m.
Singapore
“Venture equity lays the foundation, venture debt accelerates growth.”
The latest investments bring the fund’s total close to $150 million.
Malaysia
The fund secured its first close of $135m in Dec.