Deals
The round was also backed by Genedant, SeaX Ventures, SOSV, Swell VC, Massive Tech Ventures, and P2V.
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India Digest: CARPL.ai raises $10m led by IFC; Wipro Consumer makes acquisitions
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India's Urban Harvest set to raise $36m Series D round led by Info Edge: Report
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Blackstone tops profit estimates as assets swell to $1.35 trillion
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India: NIIF invests $15m in specialty healthcare chain NU Hospitals
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India Digest: Farm Watt Innovations, NeuralKart raise funding
More Stories
Singapore’s Monk’s Hill undergoes restructuring, strategy shift
Indonesia taps Hong Kong’s IPO revival as dual-listing pipeline gathers pace
Consumer-focused BA Capital closes second USD fund at $225m
Foreign buyers lift SE Asia tech M&As as exit pressure mounts
HK’s ZQ Capital closes $300m fund backed by $35m internal commitment
IPOs & Markets
BlaBlaCar is making its intercity carpooling platform available in Indonesia, Thailand, Malaysia, and Vietnam.
Proceeds from the round will be used to expand Harlan + Holden’s outlet count.
Interviews
Key investment themes include climate tech and insurtech.
Proceeds from the latest round will support Konvy’s expansion across SE Asia.
Amazon employs about 2,500 people in Singapore.
Venture Capital
I believe deeptech funds should ideally run 12-15 years, says founder Jeep Kline.
Climate Tech & ESG
For every $1 deployed, BII aims to attract 3x as much commercial capital to climate finance.
Analysis
The top developments in the region of the week in one read.
Execution at the systems level, not just expansion, will define the next generation of winners.