Deals
The financing was a mix of equity and credit.
1
PE giant General Atlantic invests in Indian snack brand Balaji Wafers
2
UangCermat raises $26m to deepen fintech lending in Indonesia
3
India Digest: Optimist raises funding; Lok Capital clocks exit
4
China's rural banks struggle to sell seized properties despite hefty discounts
5
India's Eternal falls as Blinkit profitability comes under spotlight
More Stories
Advantage Partners-backed Pharmaforte ropes in banker for potential sale
Climate sector ‘capital guzzler’ but return potential emerging: BII
Singapore startup Level3AI bags $13m in seed round led by Lightspeed
Indonesia’s Green Rebel Foods bags $10.5m from existing backers
GreenStreet: 2025 in transition
The company has raised a total equity funding of $2.48m since its inception in 2020.
Inspira will buy Everstone’s 11.26% stake in Restaurant Brands Asia.
GreyOrange’s revenue fell 32% to $23.2 million for the 12-month period ended March 2025.
At least two investors are said to have evinced interest.
Private Equity
Everstone will sell its entire 11.26% stake in Restaurant Brands Asia, Reuters reported.
Earnings and Results
The Indonesian startup ended 2024 with a strong cash balance of $47.44m.
Existing backers including Antler, Iterative & Kopital Ventures joined the round.
Analysis
ICEx and CFX are expected to play fundamentally different roles within the ecosystem.
Monthly deal reviews, funding updates & more in this edition.