India
Existing investors Centre Court Capital and PeerCapital also invested.
1
Thai fintech Salary Hero to expand in Malaysia after raising $7.6m
2
Elevation Capital leads $10.5m funding in India's Spill Games
3
Adams Street launches $363.5m evergreen fund for venture investments
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China clears Geely's acquisition of 34% stake in Ford's Spanish subsidiary
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Apple supplier Jabil, Adani sign pact for AI data centre equipment JV in India
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Japan’s Itochu acquires 20% stake in PE firm Aspirant Group
The financing included venture debt from InnoVen Capital and Alteria Capital.
Rest of Asia
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.
The firm was placed in the so-called red-flag list by National Securities Depository.
Greater China
Shein plans to buy US brand Everlane for $80m in a step to become a platform.
The company is looking beyond its core Greater China footprint to drive its next phase of growth.