Venture Capital
It secured investments from Altara Ventures and Openspace Ventures.
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China’s SpacemiT raises $86m to mass-produce chips for AI, robotics
2
China regulator approves American Axle's acquisition of Dowlais Group
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Sea Ltd infuses $58m in MariBank, lifting paid-up capital to $639m
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IFC backs Brookfield India REIT with $84m debt, equity investment
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360 ONE Asset Management to invest $70m in India’s top potato processor
More Stories
Indonesian SaaS startup Opaper’s acquisition opens exit path for global investors
Indonesian D2C eyewear brand SATURDAYS raises $6.3m in fresh funding
Stronger sales, lower marketing spend help Kopi Kenangan narrow losses in 2024
CapitaLand Ascendas REIT acquiring US logistics assets from DHL for $73.8m
Deals
The deal marked a rare exit in Indonesia’s restaurant software and SaaS segment.
Earnings and Results
It reported $119m in revenue, a 23.6% year-on-year increase.
NPX has issued new ordinary shares worth $14.7m to a mix of new and existing shareholders.
Policy & Regulations
Caps on commission that firms take from drivers could reduce to 10% from 20%.
Some shareholders are even pushing for a potential strategic sale.
The project is a legacy of his predecessor, Joko Widodo.
HDBank’s green bonds will finance climate-responsible projects in Vietnam.
The latest equity allocation gives Janio a post-money valuation of $30.2 million.
Climate Tech & ESG
It is set to announce its first deal in coming weeks.
