Deals
Recykal last raised about $13 million in its pre-Series B funding round in April 2024.
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Ajay Parekh leads $18m funding in Recykal and other India deals
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Editor's take: The week that was — June 15-20
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Multiple strategic bidders in race for Indonesian family-owned hospital assets
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Singapore's Temasek names Wendy Koh as finance chief
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Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne
More Stories
Singapore’s 100×100 launches $100m second climate fund
JIC works to crowd in private capital as Japan’s venture market grows
TVM Capital Healthcare secures Australian DFI for SE Asia fund
SE Asia Deal Review: Two megadeals drive rebound in startup funding in May
India: Blume Ventures plans $40m continuation fund
Analysis
SE Asia monthly startup funding scorecard, LP-GP updates, deal scoops and more in this edition.
The sale process is in advanced stages, but discussions on valuation and deal structure remain ongoing.
People
She joins from Mapletree Investments, where she is group chief financial officer.
MGX has invested in some of the largest AI companies globally including SpaceX’s xAI, OpenAI and Anthropic.
India
In 2020, Jio raised funds from Meta, Google and Vista Equity Partners, among others.
World
The financing was led by MediaTek.
HealthQuad has also made its first investment from the fund in Lifesigns.
Singapore
Revenue rose 6% to S$111 million from S$104.8 million.
It earlier announced plans to invest more than $35 billion over the next five years.
