Climate Tech & ESG
Around 25% of the proceeds will be earmarked for women borrowers.
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IFC proposes $86m senior loan to Vietnam-based SeABank
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SG Digest: Choco Up secures private credit facility; Infrastructure Asia signs 4 MoUs
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VCs should think of demonstrating early DPI, but LP patience still matters
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DATA VANTAGE: SG's BeeX raises funding and other updates
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Indian solar startup SolarSquare bags $53m in B Capital-led round
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Indonesia’s Adivira Capital acquires SG medical aesthetics group
Deals
Choco Up has secured a $15m credit facility from AlteriQ Global.
Venture Capital
Investors should consider returning capital to LPs even if holding longer can produce higher multiples.
Also read about the state of M&A activity in Greater China.
Existing backers LightSpeed and Elevation Capital also participated in the round.
Singapore
The funding follows the vehicle’s first close in September last year.
There were fewer transactions compared with April.
World
Navneet Govil first joined SoftBank in 2016.
Indonesia
With this deal, Adivira Capital is seeking to execute an integrated regional skincare play.
India
Blume has raised four core funds to date and is in the market to raise its fifth vehicle.