Indian edtech giant Byju’s raised USD800m at a reported USD22b valuation. CEO Byju Raveendran invested USD400m, while Sumeru Ventures, Vitruvian Partners and BlackRock provided the rest. Read more… Read More
Cloudview reached a CNY2b (~USD316m) first close for its second CNY-denominated fund targeting investments in growth stage companies in the semiconductors, renewable energy, healthcare and consumer durables industries. Read more… Read More
Heritas Capital led a USD20m Series B for Vietnam-based healthcare startup Jio Health, with participation from Fuchsia Venture Capital (the CVC of Muang Thai Group Holdings) and Kasikorn Bank Group, and follow-on from Monk’s Hill Ventures. Read more… Read More
TYH Ventures led a USD40m Series B for Silent Eight, a Singapore-based cybersecurity platform for financial institutions, with participation from HSBC Ventures, OTB Ventures, Wavemaker Partners, SC Ventures, Aglaia and Koh Boon Hwee. Read more… Read More
Hashed led a USD42m Series A for India-based gaming startup Loco, with participation from Makers Fund, Catamaran Ventures and Korea Investment Partners, and follow-on from Krafton Inc., Lumikai and Hiro Capital. Read more… Read More
AI Rudder, a Singapore-based developer of AI-powered voice solutions for B2C communications, raised a USD50m Series B from Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab, with follow-on from Sequoia Capital India and Huashan Capital. Read more… Read More
Warburg Pincus acquired 62.33% and 51% stakes in Indonesia-based insurance businesses ABDA and ABDA Assistance, respectively, from Spain-headquartered multinational insurance company Mapfre for EUR56.6m (~USD63m). Read more… Read More
Tiger Global, Winter Capital, Evolvence India and Accel led a USD75m Series D for Money View, an India-based online financial services provider, at a reported USD625m valuation, with participation from South Park Commons, Trusted Insight and Dream Incubator. Read more… Read More
Stone Plant Investments, an affiliate of Warburg Pincus, acquired a majority stake in Imperial Auto Industries, an India-based manufacturer of fluid transmission products, for an undisclosed amount. Read more… Read More
Wavemaker Partners reached a USD136m final close for its fourth fund targeting investments in early-stage enterprise, deep tech and sustainability startups in Southeast Asia. Read more… Read More
(default archive template)