Venture Capital
The round was anchored by Addition.
1
Indonesia online ticketing app Tix.id lays off nearly 50% staff
2
India's ICICI Prudential AMC plans acquisition in PE space, says CEO
3
IDG, others pour over $141m into Chinese new materials maker Xingi
4
Japan's SBI Shinsei Bank raises $2.4b in IPO
5
Airwallex raises $330m in Series G at $8b valuation
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Singapore’s Ikhlas Capital nears Fund II close with major state backing
Navis Capital Partners said to near final close of private credit fund
Malaysia’s multi-billion-ringgit efforts to help build a resilient ecosystem: Khazanah
US-based Accel, Japan’s TDK Ventures eye funding in Indian spacetech firm
SoftBank in talks to buy DigitalBridge
Private Equity
The vehicle is understood to have crossed its $300m target.
It also launched a new facility and global headquarters in Singapore.
Analysis
Catch up on exits and fundraisings throughout the week.
Several shareholders have booked partial exits as part of the fundraise.
Deals
SC Capital has commenced the construction of the new data centre in Osaka.
The onshore private fund unit has liquidated three of its five funds.
The financing complements the Singapore firm’s $1.9b Series A and B equity rounds.
However, Asian billionaires stand out as the most optimistic cohort
People
Tsao to oversee clients with key Singapore government-linked entities, including GIC and Temasek.