Deals
Penguin Securities raised $2.6 million in fresh capital last week.
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A look back at our top stories from November 2025
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Crypto exchange Hashkey raises $206m in Hong Kong IPO
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India: 360 ONE Asset's real assets platform raises $254m
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Malaysia's Halogen Capital raises $3.2m round led by Kenanga, 500 Global
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VinFast doubles down on Indonesia with fresh $1b commitment to scale EV production
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Targeted secondary deals drive Asia’s private equity market in 2025
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SE Asia Deal Review: Startup funding rebounds in Nov sans megadeals
Indonesia’s Satu Dental raises funds; SIG exits via secondary sale
Brookfield buys eight logistics, industrial assets in Singapore for $262m
The investment brings Etaily’s total funding to over $24 million.
Venture Capital
The round’s backers also included Plio Limited, existing shareholder Altara Capital, and Tonik’s management.
HeyMax issued new shares worth $6.7 million last week.
Tether has invested an additional $10 million in the Singapore-based mobile payments startup.
Eluvo had been largely bootstrapped until now.
Analysis
Mixed-gender leadership teams captured two-thirds of the private capital raised since 2020.
The proposed loan is a US dollar-denominated five-year, senior unsecured facility.
BillEase joins a growing roster of digital-centric fintech players that have bought smaller banks.
Catch all the highlights of the week, from startup fundings to Grab-GoTo merger talks and more.
