Deals
The investment will be used accelerate the rollout of AI-powered vending machines across Indonesia.
1
Indonesian smart vending machine operator JumpStart secures Series C funding
2
GIC doubles down on US fintech firm Ramp in $750m Series F funding
3
Allianz Partners to acquire part of nib’s travel insurance portfolio
4
SG's K25.ai secures $4m more from NewGenIVF and other SE Asia deals
5
Beyond the Buyout: Asia’s $54b paradox
More Stories
Vietnamese dairy firm TH Group approaches PEs for minority stake sale
Global PE rush in ‘K-beauty’: How LYFE Capital’s Koru deal signals new paradigm of buy-and-build
French asset manager Eurazeo scouts for SE Asia bets with $20m ticket size
Partners Group cap fuels fresh concern over private markets
Jakarta prosecutors detain KoinWorks borrower in $33m irregular loan case
Venture Capital
GIC has now invested in Ramp eight times.
The acquisition will give Allianz Partners a broader presence in Australia
The investment follows an initial $2m investment announced in May.
Analysis
Capital is flowing, with a range of strategies targeting each geography.
Greater China
Tsingshan Group and Lygend Resources are planning new projects in Africa.
Singapore
Key investment themes include climate tech and insurtech.
Rest of Asia
In May, Gentle Monster officially introduced its first AI-enabled intelligent eyewear.
World
Investors sought to pull out 10% of shares in Q2, compared with 7.9% in the previous quarter.
India
The vehicle will target climate adaptation and mitigation opportunities in India.
