Deals
Kargo plans to deploy more than 500 electric trucks in 2025, scaling to 2,500 units next year
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Indonesia’s Kargo enters EV market with commercial fleet offering
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HK travel booking platform Klook to postpone US listing to early 2026
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Fireside Ventures raises $253m for Fund IV to back Indian consumer startups
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India's Piramal Finance looking to raise $1.67b by March, preferably in local borrowing
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PIDG makes first investment in Laos in ride-hailing EVs
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Subtle shifts in SE Asia’s private equity spark hope for a new era
Vertex Ventures still on lookout for early-stage founders
Japan’s JBIC expands focus to financing economic security projects
Indonesia’s DailyCo adds several Yummy Corp investors to cap table
Why global funds are rushing to build dedicated India strategies
IPOs & Markets
The company is backed by SoftBank and Goldman Sachs, among others.
Venture Capital
ADIA, Investment Corporation of Dubai and Fidelity, among others, backed the fund.
The company aims to raise Rs 300 billion in the current financial year.
Climate Tech & ESG
It is investing $2.5 million in the country’s largest ride-hailing service LOCA.
Rest of Asia
Partners prepare first Japanese fund with tokens to link individuals, startups.
India
Finvu has raised $15 million in a Series A round led by WestBridge Capital.
The company will launch its offering for retail investors on December 8.
Indonesia
Investor interest in cross-border wealth tech and real estate continues to grow.
Singapore
“Climate tech as a sector has much potential,” says Leung Puiyan, partner, Investments.