India
The company is seeking to fill sales, legal, and back office jobs in India.
Malaysian wealthtech firm Versa aims for profitability by 2027, says GTV to double every year
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Singapore’s Growtheum Capital closes debut fund at $567m, a tad below target
Hit by China-US tensions, GGV Capital to spin off Singapore-based Asia business
Vietnamese unicorn VNG defers US IPO to April next year
Indonesia consortium invests $1.3b in new capital
Malaysia
Carsome is also ready for an IPO but is in no rush to list, said Eric Cheng.
The company has offered to repay $300m within three months.
Singapore
Ben Wanamaker of General Atlantic will take over as CEO from Kuldeep Singh Rajput.
Apollo.io raised $110m in its Series C round led by Sequoia Capital in March 2022.
The Series E round, led by StepStone Group, valued the firm at $1.4b.
Indian unicorns raised $7.78 billion in the same period in 2022
Tiger Global-backed Spinny has merged its budget and luxury platforms to put a lid on expenses.
Indonesia
Traveloka’s fintech business also showed meaningful growth in the year.
Employee compensation was the biggest contributor to Nium’s expenses, swelling over 87%.
