Southeast Asia
Japanese e-scooter startup Luup raises $34m Series D
Spiral Capital was the lead investor in the equity issuance.
Education-focused fintech segment flounders in Indonesia despite promising market
BYJU’s comes under the scanner again after its US arm accused of hiding $500m
New Energy firm Qingdian Group’s photovoltaic arm raises over $213m
Hong Kong exchange to roll out new dual counter model in June
Tech unicorn Fivetran raises $125m in debt financing from Vista Credit Partners
SE Asia’s PE deal value halves in 2022 amid challenging exit environment: Bain & Co
Deal count also fell from 207 in 2021 to 176 last year — a 15% decline.
Ford in $4.5b deal for EV battery materials plant in Indonesia
The investment is Ford’s first in the Southeast Asian country.
Vertex Ventures bullish on Thai startups due to their reasonable cash burn, valuations
The VC is open to opportunities in healthtech, climate tech etc., says Vitavin Ittipanuvat.
Vantage Point: Following Q4 profit, Sea Ltd deserves to trade at a premium to peers
This edition also features the impact of the layoffs at GoTo, and P2P lenders taking on digital banks.
Asian funds, startups wrap head around SVB collapse as Fed rushes to calm nerves
We take a look at the fallout of the event across SE Asia, India and China.
The LP View: Investors spot big promise in the secondaries market in Asia
Private credit and infrastructure are the other themes to watch out for in 2023.
[Updated] Sea Group’s Shopee cutting more jobs in Indonesia
Sea announced positive net income and positive total adjusted EBITDA for Q4 2022.
SEA Digest: Bitkub backs ThaiGPT; CrediLinq.AI completes seed extension
Big Sky Capital, 1982 Ventures, and 500 Global invested in CrediLinq.AI.
Amazon Web Services to invest $6b in Malaysia by 2037
Last year, AWS had announced a $5b investment in Thailand.