Indonesia
Meanwhile, some investors are exploring partial stake sales.
1
IFC mulls $150m debt investment in India's SBI to boost lending to women
2
French Ardian raises over $1b to invest in semiconductor makers
3
NextDC pauses uncontracted projects after Australian data centre woes
4
HK-listed Frontage to be taken private in $616m deal backed by Charles River
5
KKR profit hits record as asset sales, fees surge
More Stories
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC mulls $17m investment in fund targeting Asian women-led businesses
India’s B2B marketplace Udaan raises $340m, eyes public listing
Northstar closes maiden VC fund at $140m with support from existing LPs
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
Rest of Asia
Founded in Singapore in 2014, ShopBack has since expanded across SE Asia.
India
Titan Capital and Myntra co-founder Raveen Sastry, also joined Circle’s funding round.
Existing investors Centre Court Capital and PeerCapital also invested.
The financing included venture debt from InnoVen Capital and Alteria Capital.
Itochu plans to support AI adoption at Aspirant’s portfolio companies.
Singapore
Local partnerships are more important than incentives in building demand: panellists.
AceVector’s IPO opens on September 25 and closes on September 29.
Existing investors Accel, Bain Capital Ventures and Hara Global also participated.
Rentomojo has raised nearly $40m from anchor investors ahead of its IPO.
