Accel, Citius and Tiger Global led a USD60m Series B for Astro, an Indonesia-based 15-minute grocery delivery platform, with follow-on from AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. Read more… Read More
Singapore-based, early-stage VC 1982 Ventures reached a USD20m final close for its debut fund, surpassing its initial target of USD15m. The vehicle will make seed investments in fintech across Southeast Asia, Pakistan and Bangladesh. Read more… Read More
GIC led a USD80m round for Indonesia-based investment app Bibit, with follow-on from Prosus Ventures and other existing investors. Read more… Read More
The Carlyle Group acquired China-based cosmetic packaging company HCP Packaging from Baring Private Equity Asia for an undisclosed amount. Read more… Read More
Venturi Partners and Temasek led a USD108m Series D for India-based D2C food essentials brand Country Delight at reported USD615m valuation, with participation from SWC Global and Trifecta Capital, and follow-on from IIFL Asset Management, Elevation Capital, Orios Venture Partners and Matrix Partners. Read more… Read More
KKR reached a USD1.1b final close for KKR Asia Credit Opportunities Fund, its debut pan-Asia credit fund. Read more… Read More
500 Global, Paragon Investment and SparkLabs Taipei invested an undisclosed pre-Series A for Hong Kong-based cross-border logistics startup Spaceship. Read more… Read More
SoftBank Vision Fund 2 led a USD150m Series B for Firework, an India-based livestreaming commerce and digital transformation platform. Read more… Read More
The Carlyle Group and SoftBank partially exited India-based logistics company Delhivery through the company’s IPO on the BSE and NSE. The company’s reported valuation is USD4.9b. Read more… Read More
In September 2020, LeapFrog Investments invested in a USD54m Series B for PasarPolis, an Indonesia-based insurtech with operations in Southeast Asia. With LeapFrog’s support, PasarPolis streamlined the customer experience, reduced claim turnaround times and integrated an Environmental & Social Management System to better… Read More
(default archive template)