India
With six unicorns minted so far in 2025, India has already matched last year’s total count.
1
Vietnam sets up national VC fund with $20m in initial state capital
2
Eternal's Q2 profit plummets 63% YOY despite nearly 3x jump in revenue
3
Indian quick commerce firm Zepto raises $450m at $7b valuation
4
Vietnam's VPBank Securities sees strong demand for its IPO
5
Court names three TaniHub subsidiaries as suspects in graft probe
More Stories
GIC files US securities lawsuit against Chinese EV maker Nio
Singapore multi-family office First Capital sees alpha in private credit
I Squared-backed BDx doubles down on Indonesia in data centre push
Kaizenvest partners Bahrain-based JEO Capital for cross-border education deals
Debt financing platform Lendable looks to raise $500m across two new funds
The round was led by Hornbill Capital.
The company attained unicorn status when it initiated the round in May.
Thailand
Net losses widened to $22.1m in FY2024 from $18.7m a year earlier.
Singapore
The group had raised $80m in 2023, two years after amassing $400m at unicorn valuation.
GIC had invested $140m during LINE MAN’s $265m unicorn round in 2022.
World
Shares were sold to a consortium including Thrive Capital, Dragoneer, MGX and T. Rowe Price.
The company raised $82.42m this month from Tiger Global, Accel and others.
Indonesia
The Tencent-backed company plans to acquire an existing bank in Indonesia.
The $500m financing was led by investment firm ICONIQ.
