Indonesia
Meanwhile, some investors are exploring partial stake sales.
1
Malaysia's IOI Properties launches $516m IPO for property trust
2
Fairfax's $5.5b deal for India's IDBI Bank faces staff, political backlash
3
China regulator tells banks to halt IPOs till market recovers
4
India: Wealthtech platform PowerUp Money raises $10m led by Flourish Ventures
5
Peak XV-backed Neo Alternative raises $654m for second private credit fund
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Bain Capital raises over $1.8b for third Asia special situations fund
Insignia Ventures in talks to invest in Indonesian consumer brand URU
Grab Q3 profit rises 5% as fintech turns profitable
ESR appoints Roy Teo to lead SE Asia operations
Oriental Kopi founder wants the world to get a taste of Malaysia
Rest of Asia
Founded in Singapore in 2014, ShopBack has since expanded across SE Asia.
India
Titan Capital and Myntra co-founder Raveen Sastry, also joined Circle’s funding round.
Existing investors Centre Court Capital and PeerCapital also invested.
The financing included venture debt from InnoVen Capital and Alteria Capital.
Itochu plans to support AI adoption at Aspirant’s portfolio companies.
Singapore
Local partnerships are more important than incentives in building demand: panellists.
AceVector’s IPO opens on September 25 and closes on September 29.
Existing investors Accel, Bain Capital Ventures and Hara Global also participated.
Rentomojo has raised nearly $40m from anchor investors ahead of its IPO.