Singapore
EdenX will be a marketplace for SME M&As and capital-raising in APAC.
1
India retains fourth spot in global tech startup funding, closes in on China
2
Malaysian PE firm Creador closes Fund VI at $930m, exceeds target
3
Consumption tech offers hope amid challenges in startup funding
4
Vietnam's SSIAM launches $200m blockchain-focused investment platform
5
Banyu raises $1.25m from Intudo to grow seaweed farming in Indonesia
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Indonesia’s East Ventures closes maiden continuation fund with Coller Capital
Avendus Capital eyes first deal from third PE fund soon
Indonesia
Their optimism comes after a year of sharp downturn in startup funding in Indonesia.
Greater China
The companies had announced a plan to merge through a share swap in Sept.
India
The fund plans to make 12-14 investments, with an average ticket size of Rs 150–300 crore.
Hissa Fund I will invest in about 15-20 growth-stage startups.
Northern Arc has already raised $65m in debt commitments for the fund.
CoinDCX, backed by Pantera and Steadview, last raised $135m in a Series D funding round in 2022.
Vietnam
State Bank of Vietnam has approved the transfer of SeABank’s 100% stake in PTF to Aeon Financial.
Jungle Ventures led a $26m funding round in the company last year.
The fund aims to build a portfolio of 12-18 transactions with a target gross portfolio IRR of 16-18%.
