Vitalbridge Capital Reaches USD275m Final Close for Second USD Fund
Vitalbridge Capital reached a USD275m final close for its second USD-denominated fund. Vitalbridge focuses on healthcare technology and digital supply chains. Read more… Read More
South Korea’s K Car Raises ~USD285m IPO; Hahn & Co. Partially Exits
South Korea-based automotive marketplace K Car raised ~KRW336b (~USD285m) in its IPO on the Korea Exchange. Hahn & Co. sold 12.3 million shares for ~KRW306b (~USD259m), reducing its holding from 100% to 72%. Read more… Read More
Fat Projects Acquisition SPAC Raises USD100m on Nasdaq
Fat Projects Acquisition Corp. launched a USD100m SPAC on the Nasdaq. The vehicle will target technology-led businesses in the areas of supply chain, transportation, logistics, finance, sustainability, ESG, food, agriculture, e-commerce and big data in Southeast Asia. Read more… Read More
BPEA Secures USD3.2b ESG Credit Facility
Baring Private Equity Asia secured a USD3.2b ESG-linked credit facility to support its private equity platform. The credit facility will be subject to sustainability performance targets in areas such as gender diversity and climate change. Read more… Read More
Quest Ventures and TNB Aura Lead USD6.8m Seed Round for Singapore’s ION Mobility
Quest Ventures and TNB Aura led a USD6.8 seed round for Singapore-based smart electric motorbike company ION Mobility, with participation from GDP Venture, Monk’s Hill Ventures, Seeds Capital and 500 Durians. Read more… Read More
LeapFrog Leads USD250m Series E for India’s CarDekho
LeapFrog Investments led a USD250m Series E for India-based auto resale marketplace CarDekho at a reported USD1.2b valuation, with participation from Mirae Asset, Canyon Partners, Franklin Templeton, Harbor Spring Capital and follow-on from Sequoia Capital India and Sunley House. The round comprised USD200m in equity and USD50m in debt. Read More
Anchor Equity Partners Reaches USD1.6b Final Close for South Korea & North Asia Fund
Anchor Equity Partners reached a USD1.6b final close for its fourth fund focused on South Korea and North Asia. Read more… Read More
Alkeon Capital Leads USD125m Series B for India’s Hubilo
Alkeon Capital led a USD125m Series B for Hubilo, an hybrid events platform founded in India and headquartered in the US, with participation from Lightspeed Venture Partners and Balderton Capital. Read more… Read More
Tiger Global Leads USD35m Series C for India’s M2P Fintech
Tiger Global led a USD35m Series C for India-based API infrastructure company M2P Fintech, with follow-on from Beenext, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital and the DMI Group. Read more… Read More
Temasek Leads USD100m Series C for India’s Open
Temasek led a USD100m Series C for India-based neobanking platform Open at a reported USD500m valuation, with participation from Google and SBI Investment, and follow-on from Tiger Global and 3one4 Capital. Read more… Read More
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