Greater China
Luminous Ventures targets to reinforce its brand identity as a China-focused VC.
1
VoidZero raises $12.5m Series A led by Accel to launch unified JavaScript toolchain
2
India: SalarySe raises $11m in Series A round led by Flourish Ventures
3
Indian digital trade financing firm Drip Capital secures $50m credit line from TD Bank
4
China Digest: Ardian opens HK office; Lightspeed China rebrands to Luminous Ventures
5
India: Affirma, 360 ONE Asset to invest $56m in engineering services firm RMSI
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Ares Management enters Vietnamese healthcare with Medlatec investment
HK’s FundPark raises $71m to ramp up global footprint, AI strengths
Kopi Kenangan eyes $200m raise to facilitate partial exits for Peak XV, Alpha JWC
KV Asia nears first close of $280m private equity fund for SE Asia
Bukalapak stays profitable in Q3 as gaming leads
The Temasek-linked group reaped asset management fees of S$299 million in the period.
India
IntrCity SmartBus aims to double its fleet and reach a turnover of Rs 1,000 crore next year.
Temasek counts multiple healthcare investments in India.
Boyu stayed on in the bidding process after its final contender Carlyle Group dropped out.
Singapore
The clear economic attraction of renewable energy generation should drive adoption.
Jomei sold its 53.2 million shares in the Indian financial services firm at 308 rupees per share.
Ares fund, Alpha Nova, and Radiant Tech Ventures invested.
Vietnam
Ares reportedly invested $150m in Medlatec.
The fundraising momentum was partly driven by distributions from its first fund