Prime Venture Partners reached a USD120m final close for its fourth fund, exceeding its initial target of USD100m. The vehicle will invest in Indian startups across the fintech, edtech, healthtech, consumer internet and SaaS sectors, as well as in new areas such as electric vehicles, B2B, Web3 and gaming infrastructure… Read More
Fozun RZ Capital reached a CNY2b (~USD316m) final close for its third CNY-denominated fund. The vehicle will make early- and growth-stage investments across the technology and new consumer goods industries, with a focus on semiconductor chip, autonomous driving, SaaS, new energy, robotics, cross-border business, cyber security and new brands in… Read More
Affirma Capital led a USD93m Series B for Beam, a Singapore-based micromobility startup that operates e-scooters, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDBI, AC Ventures, RTP Global and Momentum Venture Capital. Read more… Read More
Accel and Lightrock led a USD100m Series C for India-based consumer neobanking platform Niyo, with participation from Beams Fintech Fund and follow-on from Prime Venture Partners and JS Capital. Read more… Read More
Pakistan-based fintech NayaPay raised a USD13m seed round from Zayn Capital, MSA Novo, Graph Ventures and an early-stage VC from Silicon Valley, with participation from Saison Capital, Maple Leaf Capital and Warren Hogarth (Empower Finance). Read more… Read More
GPCA Members can log in to receive exclusive access to the underlying data (Excel). VC funding in Southeast Asia reached a record high of USD10.3b in 2021. Our inaugural Southeast Asia Startup Directory profiles 192 startups that raised disclosed USD5m+ rounds in 2021, including disclosed investors, sector and stage… Read More
Mubadala led a USD500m+ investment in Singapore-based data center operator Princeton Digital Group, with follow-on from Warburg Pincus and Ontario Teachers’ Pension Plan Board. Read more… Read More
Navis Capital Partners agreed to fully exit its investment in Singapore-based battery lifecycle services provider TES-Envirocorp via a sale to SK Ecoplant at a USD1b valuation. Read more… Read More
Apax Partners, through Apax Digital, led a USD100m Series E for China-based SaaS tax platform Yunzhangfang, with participation from GF Securities’ GF Qianhe, GF Investment and InvesTarget. Read more… Read More
Sequoia China Infrastructure Fund I, ST Telemedia Global Data Centres and an Asian sovereign wealth fund invested USD620m in China-based data center operator GDS Holdings via convertible notes. Read more… Read More
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