Baskit was founded in November 2022 to address Indonesia's often ineffective traditional distribution chain. (Screenshot from Baskit's website) 
DealStreetAsia

Indonesia's Baskit raises funds from Korea Investment Partners

B2B commerce company's CEO says investors still 'keen' on Southeast Asian nation

11 August 2023
Launched in 2019, Credgenics is a software-based loan collection and legal automation platform. (Screenshot from Credgenics' website) 
DealStreetAsia

India fintech Credgenics raises $50m; valuation jumps

Firm, now worth $350m, seeks international business expansion

10 August 2023
Quest Global's investors include Singapore's sovereign wealth fund GIC and True North. (Source photos by Reuters. Logos from Carlyle and Quest Global websites.)
DealStreetAsia

Carlyle buys stake in Singapore's Quest Global as Bain, Advent exit

Deal equity to come from funds managed by Carlyle Asia Partners

9 August 2023
The Indonesian real estate market is projected to achieve a compound annual growth rate of over 10% from 2022 to 2027, according to a report by Mordor Intelligence. (Source photo by Getty and logo from Lamudi's website)
DealStreetAsia

Real estate listing platform Lamudi Indonesia eyes acquisitions

CEO Mart Polman calls achieving scale 'critical' in property tech industry

8 August 2023
Elev8 Venture Partners is anchored by Venture Catalysts and South Korea's KB Investment. (Source photo by EPA/Jiji and logo from Elev8 Venture Partners website)
DealStreetAsia

India's Elev8 Venture Partners raises $67m for tech startups

Bangalore-based company targets consumer, fintech and other sectors

7 August 2023
The second fund of pi Ventures was oversubscribed and exceeded its initial target of $68 million. (Source photo: screenshot from pi Ventures' website) 
DealStreetAsia

Indian early-stage investor pi Ventures raises $85m

Funds to be used for backing AI, deep tech startups

4 August 2023
California State Teachers Retirement System is the largest educator-only pension fund in the world.
DealStreetAsia

CalSTRS becomes latest pension fund to cut China exposure

California pension system joins others globally in dumping Chinese assets

3 August 2023
Ardian currently manages about $152 billion in assets, of which developed Asia accounts for around 10% to 15%. (Source photo by Getty and logo from Ardian's website)
DealStreetAsia

French investor Ardian in talks to pursue Asia fund strategy

Private equity powerhouse seeks opportunities in region's secondary market

2 August 2023
Airwallex offers a global fintech payment platform that helps businesses manage payments, treasury and expenses internationally. (Source photo by Getty and logo from Airwallex's website)
DealStreetAsia

Tencent-backed Airwallex's Singapore unit gets fresh $165m

Capital injections into subsidiaries 'support our continued growth in the market'

1 August 2023
Touchstone Partners has invested in 23 startups across early-stage fintech, health care, edtech and blockchain. (Source photo by AP and logo from Touchstone Partners' website)
DealStreetAsia

Vietnam's Touchstone Partners set to launch second fund

Homegrown venture capital firm sees promise in country's tech sector

31 July 2023
SK Finance, a vehicle and small business financier, caters to clients primarily in the northwestern part of India. (Source photo by Getty and logo from SK Finance's website)
DealStreetAsia

India's SK Finance in talks to raise $122m in funding

Non-banking financial company said to be in 'advanced stage' of discussions

28 July 2023
Hong Kong-based Isola Capital is currently advising and managing over $1 billion in assets. (Source photo by Getty and logo from Isola Capital's LinkedIn account)
DealStreetAsia

Hong Kong's Isola Capital to launch up to $400m fund in Q3

Vehicle betting big on private equity in aim to generate high returns

27 July 2023
Founded in 2017, Auxilo Finserve provides loans to students for pursuing education in India or overseas and loans to educational institutions for their infrastructure and working capital needs. (Source photo by AP and logo from Auxilo's website)
DealStreetAsia

India's Auxilo Finserve raises $57m to fuel growth

Tata Capital, Trifecta, Xponentia lead funding for education finance-focused firm

26 July 2023
Vidio was set up as a local video-on-demand platform to compete with foreign players such as Netflix and Disney+. (Source photo by Getty and logo from Vidio's LinkedIn account)
DealStreetAsia

Indonesia streaming platform Vidio said to be raising $100m

Funding for likely pre-IPO round may draw existing, new investors: sources

25 July 2023
Adani Capital focuses on segments such as agriculture, housing and underbanked rural areas. (Source photo by Reuters. Logos from Brain Capital, Adani Housing Finance and Adani Capital websites)
DealStreetAsia

Bain Capital to take 90% of India's Adani Capital, Adani Housing

U.S. private equity giant also commits $120 million in primary capital

24 July 2023
Salmon gives customers access to financial products from partners registered with the Securities and Exchange Commission in the Philippines. (Source photo by Reuters and logo from Salmon's website)
DealStreetAsia

Philippine consumer fintech startup Salmon gets $20m debt facility

Company plans to expand loan book, launch new products in 2nd half of 2023

21 July 2023
Eurazeo is one of Europe's major private equity firms. (Source photo by Reuters and logo from Eurazeo's website)
DealStreetAsia

Asian investors back Eurazeo close of Smart City Fund II at $450m

Thailand's Banpu, Singapore's Momentum Venture Capital among participants

20 July 2023
Ares Management is active in the Asia-Pacific region across the credit, private equity, real estate and infrastructure asset classes, while Crescent Point Capital invests in private companies across Southeast Asia and China. (Source photo by Getty. Logos from Ares and Crescent Point websites)
DealStreetAsia

U.S. investor to acquire Singapore-based Crescent Point Capital

NYSE-listed Ares Management says transaction to aid CPC's growth

19 July 2023
Founded in 2014, Vertex Ventures HC has $550 million in assets under management and has invested in over 25 companies. (Source photo by Reuters and logo from Vertex Ventures HC website)
DealStreetAsia

Temasek-backed Vertex Ventures HC launches $200m fund

Women-led health care investment firm targeting early-stage companies

18 July 2023
Antler and Khazanah are poised to provide access for Malaysian startups to tap into Antler's global platform and network. (Screenshot from Antler and Khazanah Nasional Berhad websites) 
DealStreetAsia

Malaysia newest market for Antler in partnership with Khazanah

Global early-stage venture capital firm operates in Singapore, Indonesia, Vietnam

14 July 2023
Bitkub is joining a flurry of tech companies in the region downsizing in recent months. (Source photos by Reuters and screenshot from Bitkub's website) 
DealStreetAsia

Thailand crypto exchange Bitkub's parent cuts 5.5% of staff

'Small' adjustment comes as net profit fell last year and expenses ballooned

13 July 2023
Established in 2000 as Neoplux, Shinhan Venture Investment assumed its current name twhen it joined the Shinhan Financial Group in 2020.
DealStreetAsia

South Korea's Shinhan Venture Investment targets Southeast Asia

Seoul-based investor earmarks 50% of flagship global fund for region

12 July 2023
Founded in 2017, Singapore-based Blue Planet helps companies and government bodies reduce their environmental footprint. (Source photo by AP and logo from Blue Planet website)
DealStreetAsia

Singapore waste management firm Blue Planet raises fresh funds

Mizuho Asia Partners-managed private equity vehicle provides $5m

11 July 2023
Shanghai-based CloudMinds develops AI-powered robots for cleaning, delivery and fully-automated product vending in places such as restaurants, hotels and supermarkets. (Source photo by AP, logo from Cloud Minds website)
DealStreetAsia

Chinese AI-powered robot developer CloudMinds raises $138m

Funding comes amid report of Hong Kong IPO as early as this year

10 July 2023
Global Capital Partners is affiliated with Singapore-based GLP, which owns, develops and operates logistics real estate, data centers, renewable energy and related technologies in 17 countries. (Source photos by AP and screenshot from GLP Capital Partners' website)
DealStreetAsia

GLP Capital Partners closes China Income Fund VIII at nearly $360m

Business has about $58bn in assets under management in the country

7 July 2023