DealStreetAsia

A construction site in Vietnam's capital city, Hanoi. FEBE Ventures is based in the rapidly developing Southeast Asian nation.
DealStreetAsia

Vietnam's FEBE Ventures launches $75m second fund

Looking to support early-stage startups in Southeast Asia and beyond

30 November 2023
Asia is increasingly turning to wind and other sources of renewable energy as it battles to reduce carbon emissions.
DealStreetAsia

Swiss investor launches $500m Asia-focused climate strategy

Firm called responsAbility Investments targets renewable energy, other sectors

29 November 2023
Technology-driven health care models are generating investor interest in India as a shortage of medical professionals continues to haunt the sector.
DealStreetAsia

India-focused HealthQuad on road to raise $300m fund

Sources say company has been talking to investors in India and abroad

27 November 2023
Established in June 2014, ROC Partners specializes in private equity in the Asia-Pacific region. (Source photos by AP and ROC Partners website)
DealStreetAsia

Australia's ROC Partners raising $300m for latest Asia fund

Private equity investment manager has taken in about $66m so far

24 November 2023
The International Finance Corporation since 2013 has invested over $2.5 billion in financers and developers of affordable housing in India.
DealStreetAsia

IFC intends to make more affordable housing investments in India

Low-priced, green residences remain a strategic focus for World Bank Group member

23 November 2023
A fruit market in Hanoi. Vietnam-based private equity firm Asia Business Builders says the nation's economy has performed better than some other markets.
DealStreetAsia

Vietnam-based PE firm ABB hits $52m first close of second fund

Executive sees final close by October 2024 with $100m target for second vehicle

22 November 2023
Former KKR India CEO Sanjay Nayar set up the venture capital firm Sorin Investments with the Caravel Group's Angad Banga.
DealStreetAsia

KKR India ex-CEO's firm to close first fund over target, sources say

Sorin Investments, co-established by Sanjay Nayar, is seen taking in about $156m

21 November 2023
A cosmetics store in Hanoi. Vietnam's beauty and personal care sector is one of the country's fastest-growing consumer segments, according to cosmetics chain Hasaki.
DealStreetAsia

Alibaba unit to invest in Vietnam beauty, personal care company Hasaki

Chain aims to capture at least 35% of local market share by 2027

20 November 2023
Skyscrapers in Mumbai. Aavishkaar Capital executives say its latest fund closed 50% higher than its predecessors.
DealStreetAsia

Aavishkaar Capital closes 6th India-focused fund at $150m

Impact investor to continue backing 'early-stage businesses'

18 November 2023
Etaily was founded in 2020 to provide services including content production, channel creation, and warehousing and fulfillment. (Source images from Etaily website)
DealStreetAsia

Philippine e-commerce enabler Etaily raises $17.8m

Series A funding round co-anchored by Chinese and Singaporean investors

15 November 2023
Solar panels in Indonesia. Southeast Asia is drawing interest from climate funds.
DealStreetAsia

Climate funds rush to invest in Southeast Asia

Singapore-based Aera VC has raised $50m as it targets industrial decarbonization

14 November 2023
Residences in Mumbai. Bharat Housing Network is a technology platform for co-lending in affordable housing. (Photo by Ken Kobayashi)
DealStreetAsia

India's Bharat Housing Network raises $15m

Nabventures Fund leads infusion into startup tech platform for co-lending

13 November 2023
Seoul at night. MBK Partners has an investment team of almost 100 professionals spread across the South Korean capital. Beijing, Shanghai, Hong Kong and Tokyo.
DealStreetAsia

China, Japan and South Korea-focused MBK raising sixth flagship fund

Manager of over $25.6bn reportedly seeks to raise as much as $7bn for new vehicle

10 November 2023
"Each of our flagship campaigns remains on track to surpass the commitments of its predecessor," says TPG Chief Financial Officer Jack Weingart. (Nikkei montage/Source photos by Ken Kobayashi and TPG website)
DealStreetAsia

TPG set to close $6bn Asia buyout fund in first half of 2024

U.S. private equity firm expects platform to outperform 2019 precursor fund

9 November 2023
Marubeni sees big potential in Vietnam's food sector and the overall economy. (Source photos by Reuters and Marubeni)
DealStreetAsia

Marubeni Growth Capital Asia invests in Vietnam food firm AIG

Move comes amid expanding Southeast Asian food sector

8 November 2023
Volta was acquired in 2021 by Energy Selalu Baru, a joint venture between logistics company SiCepat and NFC Indonesia. (Screenshot from Volta's Facebook page)
DealStreetAsia

Indonesia two-wheel EV maker Volta raises fresh funds

Round led by TTV and Rigel Capital said to exceed $35m target

7 November 2023
Indonesian day care operator Kindercastle has three locations in Jakarta, aimed at  kids from infancy to kindergarten. (Source photo from Kindercastle website)
DealStreetAsia

Indonesia's Kindercastle day care in VC funding talks, sources say

Beauty brand Gmeelan also said to be closing early-stage investments

6 November 2023
A view of Kuala Lumpur. Malaysia-headquartered private equity firm Navis Capital Partners has recently beefed up its credit team. (Photo by Hiroki Endo)
DealStreetAsia

Malaysia-based Navis Capital Partners eyes $1bn for ninth fund

Private equity firm seeks final close by end of 2025 with Southeast Asia focus

3 November 2023
The final close of Ares Management's sixth flagship Asia special situations fund came after about 22 months of fundraising. (Screenshot from Ares Management's website) 
DealStreetAsia

Ares Management closes sixth Asia flagship fund at $2.4bn

CEO praises 'strong' economies and 'robust' earnings in India and Australia

2 November 2023
Mitratel is Indonesia's largest telecom tower company, with over 37,000 towers and 29,000 fiber optic lines. (Screenshot from Mitratel website)
DealStreetAsia

Indonesia's Mitratel seeks local partners to expand in Southeast Asia

Telecom tower company eyes Malaysia, Thailand and Philippines, a top executive says

1 November 2023
A view of Kuala Lumpur. Malaysia-based Kenanga Investors' new fund is "dedicated to offering our investors regional Shariah-compliant exposure." (Photo by Hiroki Endo) 
DealStreetAsia

Malaysia's Kenanga Investors launches new Shariah-compliant fund

Vehicle to invest in varied portfolio of equities and equity-related securities

31 October 2023
The Jakarta skyline in 2021. Korea Investment Partners is particularly interested in Indonesia, owing to its market potential, vibrant startup ecosystem and talent supply.
DealStreetAsia

Korea Investment Partners closes maiden Southeast Asia fund

Venture capital vehicle raises $60m, draws institutional investor interest

30 October 2023
Flourish Ventures said it will double down on investing in fintech entrepreneurs across the U.S., Africa, India, Latin America and Southeast Asia. (Source images from Flourish Ventures website) 
DealStreetAsia

U.S.-based Flourish Ventures raises $350m more for fintech fund

Southeast Asia also targeted as part of early-stage, open-ended venture vehicle

27 October 2023
Kopital Ventures has lured investors such as Saison Capital, Trihill Capital, Impact Ventures and Alto Partners Multi-Family Office. (Nikkei montage/Source photos from screenshot of Kopital Ventures website and AP)
DealStreetAsia

Indonesia's Kopital Ventures raises $12m in first close

Angel investor network targets 'next wave of unicorns'

26 October 2023
Established in 2020 with branches in France and the U.S., Qosmosys seeks to make lunar access more accessible. (Screenshot from Qosmosys' website) 
DealStreetAsia

Singapore's Qosmosys announces $100m seed funding

Lunar tech startup developing moon transportation vehicle ZeusX

25 October 2023