India
Shivalik Small Finance Bank has raised $11.4m led by SMBC Asia Rising Fund-Japan.
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Singapore
Also, Singapore’s perch as SE Asia’s top VC fundraising hub was roiled in H1 2025
TR Capital also joined the new funding round.
The funds will help enhance access to finance for microentrepreneurs in rural areas.
World
The bid is far above the startup’s own valuation.
Indonesia
Prior to the deal, Garudafood was the largest shareholder with a 66.07% stake.
Existing investors Zoho and Lingotto also participated.
The deal is expected to be valued at over $1b.
Thailand
B.Grimm’s Bangkok-listed power unit could be valued at over $1 billion in the process.
Only one deal crossed the $100m mark.
