Greater China
Several of China’s smaller banks are relying on state support to survive the property market crisis.
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Switzerland's SIFEM reups in Excelsior Vietnam with $20m commitment
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ZUZU Hospitality raises $5.9m Series B extension to scale AI offerings
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SG's Qapita issues shares worth $26.5m to new and existing investors
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India's TransBnk raises $25m Series B led by Swiggy-backer Bessemer
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SG’s Origgin Ventures to co-manage $30m fund for Japan deeptech spinoffs
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SE Asia must break new frontiers to drive fundamental shift in AI
Indonesia
There are only 96 registered P2P platforms in Indonesia today, compared with 164 in 2019.
India
Indian companies rely on NBFCs or issue bonds to finance M&As.
Rest of Asia
Mizuho is prioritising a tie-up with a private asset specialist in Europe or the US.
Singapore-headquartered Asia impact investor ABC Impact also participated in the funding.
The RBI has also decided that SMBC would not be treated as a “promoter” of Yes Bank.
The fintech firm is expected to finalise a $50m credit facility from Nippon Wealth Bank.
Singapore
The licence upgrades TGV from a VC-only mandate to a fully licensed fund manager.
With this close, Artha’s total AUM has now surpassed $137.16 million.
The loan will help Indian MSMEs adopt clean energy solutions.
