Venture Capital
The capital will support its regional expansion and product development.
1
SG-based merchant operating system Qashier bags $6m Series A+ led by Cocoon Capital
2
Greater Bay Area mints two unicorns as embodied AI boom continues
3
Gojek founder and ex-minister Makarim gets 10 years in Chromebook graft case
4
Bajaj Finserv Ventures leads $10m funding in Kapture CX and other India deals
5
Japan's Amova AM completes acquisition of Malaysia's AHAM Asset Management
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Unicorns
China’s Silicon Valley is home to 80 Chinese unicorns—over a fifth of the country’s total.
Policy & Regulations
The court also imposed a 1b rupiah fine.
Deals
Existing investors Cactus Venture Partners and India Alternatives also joined the round.
The deal also provides an exit to AHAM Capital’s major shareholder CVC Capital Partners.
Indonesia
BlaBlaCar is making its intercity carpooling platform available in Indonesia, Thailand, Malaysia, and Vietnam.
India
India remains one of SMBC Asia Rising Fund’s highest-conviction markets in Asia.
Its existing investors include DSG Consumer Partners, Rukam Capital, and The Chennai Angels.
Singapore
The deal allows investors to take on part of the credit risk of the loan portfolio.
MSC will make the investment through its unit Terminal Investment.
