DEG Leads Investment for Indonesia’s Etana
DEG led an investment in Indonesia-based biopharmaceutical company Etana with USD8m in equity and participation from Yunfeng Capital, HighLight Capital and East Ventures. Read More
Openspace Ventures Leads USD10m pre-Series A in Indonesia’s Broom
Openspace Ventures led a USD10m pre-Series A for Broom, an Indonesia-based auto financing platform, with participation from Quona Capital, MUFG Innovation Partners, BRI Ventures and AC Ventures. Read More
Malaysia’s Viewpoint Software Raises USD40m
Viewpoint Software, a Malaysia-based business entity engagement software provider, raised USD40m from BPEA EQT and CPP Investments. … Read More
INCE Capital and Qiming Venture Partners Lead USD50m Series B for China’s Allorion Therapeutics
INCE Capital and Qiming Venture Partners led a USD50m Series B for Allorion Therapeutics, a China-based drug developer that focuses on treating oncology and autoimmune diseases, with participation from TF Capital, Long River Investment, 3SBio, Octagon Capital and Elikon Venture. Read More
PremjiInvest Leads USD110m Series D for India’s Minfinit
Premji Invest led a USD110m Series D for Mintifi, an India-based supply chain financing platform, with follow-on from International Finance Corporation (IFC), Norwest Venture Partners, Elevation Capital and others. Read More
Accion Venture Lab and Sturgeon Capital Lead USD6.4m Seed Round in Pakistan’s Trukkr
Accion Venture Lab and Sturgeon Capital led a USD6.4m seed round for Trukkr, a Pakistan-based trucking logistics platform, with participation from Peter Findley (Anchorless Bangladesh), Haitou Global and Al Zayani Venture Capital. … Read More
CPP Investments Acquires Controlling Stake in India’s ReNew Energy Global for USD268m
CPP Investments acquired an additional 14% stake in India-based independent power producer ReNew Energy Global from Goldman Sachs for USD268m, to become the majority shareholder. … Read More
Private Credit in Asia: Opportunities and Themes for 2023
Both long-term structural trends and recent shifts in market dynamics are driving the growth of private credit activity in Asia, which reached record levels in 2022. This report explores recent trends in activity in the region and outlines key themes for 2023 and beyond, as reported to GPCA by investors… Read More
2023 Emerging Tech Trends in Asia
As digitization spreads across industries and with the continued growth of venture capital, tech investment has grown to represent the majority of private capital activity in Asia, even amidst the global correction in 2022. This report examines some of the contours of the changing tech investment landscape in China, India… Read More
Kotak Mahindra Advisors Invests INR10.7b (~USD129.4) in India’s Biocon
Kotak Mahindra Advisors, the alternative assets arm of Kotak Mahindra Group, invested INR10.7bn (~USD129.4m) in Biocon, an India-based pharmaceuticals manufacturer. Read More
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