Thailand
aCommerce is looking to scale beyond the region and enter new geographies.
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Insurtech platform Zopper snags $25m co-led by Elevation, Dharana Capital
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US hedge funds pile into China's JD.com, GDS: Goldman
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OneCell Diagnostics raises $16m led by Celesta Capital and other India deals
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Here are our top headlines from October 2024
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Manulife unit gets new Asia head amid job cuts
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Will Indonesia’s move to set up mammoth SWF boost its investment appeal?
Indonesian VC Ideosource winds down after over a decade
Temasek’s 65 Equity Partners buys secondaries in Tencent-backed Tuya
Vietnamese edtech firm Kyna English raises funds from ABB, DTP Education
Navis Capital introduces new structure in second continuation fund
Singapore
Janio and its subsidiaries posted revenue of S$41m, a nearly 45% increase from 2022.
In Q3, SeaMoney added 4 million first-time borrowers.
Greater China
it raised “hundreds of millions of yuan” in the Series B extension round from several domestic investors.
India
Swiggy has cut its valuation twice by a combined 25% to $11.3b.
Swiggy’s IPO will open for public subscription from Nov. 6 to Nov. 8.
The online retailer could face a fine of as much as 6% of its global turnover if found guilty.
Indonesia
The company will focus on Mitra Bukalapak, gaming, investment, and certain retail services.
The company is opening bigger warehouses and reducing delivery times.
Vietnam
The investment will accelerate Coolmate’s international expansion.