Analysis
The alleged fraud at eFishery started as far back as 2018, when it was raising its Series A round.
Indonesia PE-VC Summit 2025
The action-packed agenda features 10 insightful sessions
Deals
Saarathi plan to cater to the credit needs of the under-served MSME market.
1
ESR teams up with US firm for $2b data centre campus in Japan
2
Ardian rakes in cash from APAC LPs for largest-ever secondaries fund
3
responsAbility secures $350m in third close of Asia climate strategy
4
Indian PE giant Kedaara invests $350m in AI solution provider Impetus
5
India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobs
More Stories
The unravelling of a unicorn: What went wrong at eFishery
TPG said to have closed investment in Asian flower business Hasfarm Holdings
DEG commits to invest $40m in Jungle Ventures’s fifth vehicle
Indonesian fintech startup Skor Technologies secures $6.2m funding led by Argor Capital
SE Asia is ripe for AI-driven healthcare: August Global Partners
2024-2025
Venture Capital
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Rest of Asia
LPs from the region contributed to slightly over one-fifth of the funds raised.
India
The firm said it is on track to achieve its $500 million target by 2025.
The PE firm has acquired a strategic stake in the company to spruce up innovation in its data and AI business.
Post-financing, Gaw Capital and AAA’s parent company will each hold a 45% stake in the firm.
Greater China
Integrity, talent, and awareness are some of the key qualities in successful GPs, said Rebecca Xu of Asia Alternatives.
The fund is expected to hit the final close in Q2, with a final target size of at least $273m.
According to data from DealStreetAsia's DATA VANTAGE, TVS Motor is the largest shareholder in Ion Mobility.
The fund plans to make 12-14 investments, with an average ticket size of Rs 150–300 crore.
Cornerstone raised $50 million for its first fund in 2019
Singapore
Jungle Ventures is said to have made the first close of Fund V and hit half of the fundraising target.
Indonesia
The pre-Series A round also saw participation from existing investors QED Investors and Saison Capital.
SEA startups sealed the lowest quarterly deal volume in over six years in Q4 2024.
SE Asia's listed firms are intensifying efforts to eliminate losses.
Climate tech investments in Southeast Asia cooled off in 2024, mirroring a broader recalibration in private markets.
The report delves into SE Asia's logistics sector, including its current landscape, capital flows, challenges, and exit strategies.
Endowus clocked $14.7 million in revenue in 2023, a 140% increase year-on-year.
AC Ventures has emerged as the largest shareholder in Soul Parking, with a 29.9% stake.
Myanmar
TreeDots, an online surplus food marketplace, reduced its net loss by 27% last year.
Eureka Robotics has raised $10.5 million in fresh funding from B Capital and others.
World
'The plan has been to wind up after we finished the pipeline of ideas we were working on.'
The Philippines was as a standout performer, while Indonesia felt a sharp downturn.
The firm has hastened plans to offload its non-core assets.
This is Woori's first late-stage deal in SE Asia.
The firm also improved its net profit margin last year.
Meituan posted a 22.4% rise in Q3 revenue, defying sluggish Chinese consumption.
Travel demand in China has shown signs of a recovery, though economic growth is sluggish.
In Sept, Turkey's competition board said Mubadala had applied to take sole control of Getir.
The appointment would unite Citi's offshore and onshore teams for the first time.
