Venture Capital
The round was anchored by MSW Ventures through MWS V Asia Fund X.
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People Digest: Moglix appoints new CFO; SG's Finmo names CMO
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China to raise technical standards for EV batteries to reduce explosion risks
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India: Ujala Cygnus to buy Amandeep Hospitals; ASG to acquire Prism Eye Institute
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India Digest: Centre for Teacher Accreditation, Cura Care in funding news
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Malaysian telco U Mobile to partner with China's Huawei, ZTE for 5G network
More Stories
Whatever creative structure is used, value creation must prevail: Gaia Investment Partners
Indonesian agritech startup Semaai said to have closed bridge round
ABC Impact closes Fund II with expanded LP base, including ADB
GXS Bank acquires Validus Group’s SG business to grow SME lending
Indonesia’s Fore Coffee surges 34% on market debut
Deals
Biobot has raised $8.5m through a new allotment of preference shares to existing investors.
Semaai last raised $4.7m over a year ago led by Tokyo-based CyberAgent Capital.
IPOs & Markets
The company raised about $21 million in fresh funds through the offering.
The acquisition is part of Basel’s expansion strategy in SE Asia.
The OJK had revoked Investree’s business licence on Oct 22, 2024.
Analysis
The recent market crash has created room to invest in undervalued shares.
Fore Coffee is scheduled to debut on the IDX on Monday.
There are currently 26 companies in the IPO pipeline.
Trump tariffs will introduce a fresh layer of complexity to Southeast Asia’s logistics landscape.
