DealStreetAsia

Primaya owns and operates 15 hospitals that have a combined 1,400 beds in the Sumatra, Java, Sulawesi and Kalimantan regions of Indonesia. (Screenshot from Primaya Hospital's website) 
DealStreetAsia

Singapore's GIC lifts stake in Indonesian hospital chain

Wealth fund invests another $191m in Primaya Hospital

9 March 2023
Operations at DALI outlets are based on German supermarkets that avoid elaborate interiors and massive advertising costs. (Screenshot from DALI Stores website)
DealStreetAsia

ADB to invest $15m in Philippines-focused grocery chain DALI

Bank hopes move will increase food security and create jobs

8 March 2023
SiEngine Technology is headquartered in Wuhan, with research and development centers in Beijing and Shanghai. (Screenshot from SiEngine's website) 
DealStreetAsia

Chinese chipmaker SiEngine raises another $72m

Automotive chip producer using funds to boost output

2 March 2023
Una Brands says it is the only active multichannel e-commerce aggregator in Southeast Asia. (Screenshot from Una Brands' website) 
DealStreetAsia

Singapore e-commerce aggregator Una Brands raises $30m

Private equity group Northstar leads the pre-Series C funding round

1 March 2023
Vaccines that use messenger RNA to teach the body how to make a protein that triggers an immune response can help protect against infection from viruses such as the coronavirus.
DealStreetAsia

Chinese biotech Immorna raises $100m for mRNA therapeutics

Company developing treatment, vaccines for range of diseases

28 February 2023
Vertex manages assets of over $5.1 billion across six partner funds in China, Southeast Asia, India, the U.S. and Israel. (Photo from Vertex Ventures Facebook Page)
DealStreetAsia

Germany's DEG to invest $18m in Vertex's Southeast Asia, India fund

Capital to back tech companies offering services for traditional industries

27 February 2023
Gulf states are transitioning from fossil fuel exports and looking for investments in sectors such as renewables, digitization and financial technology.
DealStreetAsia

Gulf Capital to set up $750m fund for Southeast Asian companies

Fund will invest in business looking to expand into Middle East

24 February 2023
The NYSE already has a presence across key Asian cities, which it hopes to expand as it targets India, Indonesia and Vietnam.
DealStreetAsia

New York Stock Exchange sets sights on Southeast Asia, India

U.S. bourse looking to encourage more share offers from Asia

22 February 2023
Founded in 2015, FreshToHome sells seafood and meat online. Additional funding will increase the size of its Series D round to about $80 million. (Screenshot from FreshToHome website)
DealStreetAsia

Indian meat retailer FreshToHome close to raising another $30m

Company runs e-commerce platform but also has physical stores

21 February 2023
Students in a class at Asia Pacific University of Technology and Innovation.
DealStreetAsia

TPG-led consortium buys controlling stake in Malaysian university

U.S. private equity giant has $135bn of assets under management

20 February 2023
Sirclo offers companies an online store dashboard and other services. (Screenshot from Sirclo YouTube page) 
16 February 2023
Magenta operates under three segments: EVET (EV fleets), ChargeGrid (charging stations) and chargers. (Source photos: screenshots from Magenta's website) 
DealStreetAsia

Indian EV charging and mobility solutions startup raises $40m

Magenta aims to expand charging-related businesses

13 February 2023
Indian startup Pan Health sells baby diapers, adult incontinence products, sanitary napkins and feminine hygiene products. (Photo by Yuki Kohara) 
DealStreetAsia

India diaper maker Pan Healthcare bags $48m

Startup to use funds to strengthen distribution network

8 February 2023
ABC Impact invests in companies that demonstrate a commitment to sustainable development and the generation of positive social or environmental impacts.
DealStreetAsia

Temasek-backed ABC aims to raise $600m for second impact fund

Singapore fund seeks investees committed to sustainability, positive social impacts

7 February 2023
eFishery controls feeding routines via smartphone at the company's lab in Bandung, Indonesia. (File photo by Shinya Sawai)
DealStreetAsia

Indonesia's eFishery to increase focus on U.S. in exports push

Startup seeks to expand operation to overseas as Vietnam, Thailand and India

6 February 2023
WhiteCoat has already rolled out services in Indonesia and Vietnam offering digital consultations with local doctors and second-opinion consultations with Singapore doctors. (Source image from WhiteCoat website)
DealStreetAsia

Singapore digital health care group plans to raise $25m

WhiteCoat to expand doctor consultation services to Malaysia and Thailand

3 February 2023
DALI says that the Philippines is among the highest food-spending and disposable-income markets in Asia. (Source photos by screenshot from DALI Stores' website) 
DealStreetAsia

Malaysia's Creador invests $55m in Philippines-focused DALI Stores

Fund's founder says country will be among its most active investment markets

1 February 2023
GIMO users can keep track of their pay and get rapid access to money they have already earned. (Source photos by screenshot from GIMO's website) 
DealStreetAsia

Vietnam wage access platform GIMO raises $4.6m in latest funding

Blue-collar workers can use app to get near-instant access to earned money

26 January 2023
Founded in 2008, Vertex Ventures China has offices in Beijing, Shanghai and Shenzhen. (Source image from Vertex Ventures China website and Akira Kodaka)
DealStreetAsia

Vertex Ventures raises $375m so far for fifth China-focused fund

Temasek-backed company manages U.S. dollar and yuan funds

25 January 2023
Founded in 2015, India's Log9 plans to pursue pilot projects overseas. (Source image from Log9 Facebook page)
DealStreetAsia

Indian battery startup Log9 gets recharged with $40m in funding

Company plans to to boost production capacity, look abroad

24 January 2023
The Bigo Live platform uses artificial intelligence to help users find relevant streams based on their interests. (Source image from BIGO Technology website)
DealStreetAsia

Singapore's Bigo expects Web3 to fuel livestreaming growth

Company rolling out features such as 3D avatars to lure users

23 January 2023
PhonePe plans to beef up its infrastructure, develop data centers and build financial services offerings.
DealStreetAsia

PhonePe raises $350m, now one of India's most valuable fintechs

Private equity firm General Atlantic leads fresh round of funding

20 January 2023
Founded in 2015, Blackpanda has offices in Singapore, Hong Kong, Tokyo, Manila and San Francisco, and plans to deepen its presence across Asia. (Source photos by Reuters and screenshot from Blackpanda's website) 
DealStreetAsia

Singapore cybersecurity firm Blackpanda bags $15m in funding

Startup plans to use capital to expand in Asia, boost its services

19 January 2023
Creative Gorilla Capital wants to help startups tap Indonesia's growing digital business ecosystem. (Source images from Reuters and Creative Gorilla Capital website)
DealStreetAsia

Creative Gorilla launches $20m fund to back Indonesian startups

Debut fund is looking to invest in consumer-focused companies

18 January 2023
Fubon Financial says its insurance unit is taking up to 20% of the final fund size of AppWorks Fund IV, which will invest in Taiwan and Southeast Asia. (Source photos by screenshot from Fubon Financial and AppWorks websites) 
DealStreetAsia

Taiwan's Fubon Life commits $39.5m to latest AppWorks fund

Fund expected to invest in 50 to 60 deals, if it reaches target size of $360m

17 January 2023