Analysis
The week saw a slew of Southeast Asian tech giants report their Q1 earnings.
1
Vietnam-based Dat Bike in talks to raise at least $10m in Series B funding
2
QED sharpens Asia playbook with bigger cheques, expanded footprint
3
Employees mull legal action against BluSmart over unpaid salaries
4
Oman sovereign wealth fund in preliminary pact with Algeria for $300m fund
5
Indonesian climate tech startup Rekosistem secures $7m funding
More Stories
Nestle India said to be in talks to invest in pet food brand Drools
Waste management firm Blue Planet raises fresh funds from BBC Ventures
JAFCO Asia deal marks Bee Alternatives’ evolution into a multi-asset investment platform
foodpanda’s Thai exit marks churn in SE Asia’s food delivery market
SG edtech startup Manabie raises $23m Series B funding led by JIC Venture
Deals
GoTyme is a digital banking joint venture between JG Summit and Tyme Group.
Three out of the six digital banks in PH have declared that they’ve broken even.
It committed $6.2 billion to the region last year.
IPOs & Markets
If the listing goes ahead, it would be the Philippines’ biggest ever.
Nium has secured $2m in capital through the allotment of preference shares to Endeavor Catalyst IV.
Deal volume fell by 43% and deal value slumped 46% YoY.
Alfamart is a JV between SM and Indonesia’s Sumber Alfaria Trijaya.
The two-day event aims to nurture talent and foster digital innovation in the country’s real estate industry.
Private Equity
Nephro Plus operates a growing network of dialysis centres in the Philippines.
