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Accelerator — 8 Feb 2024

Netherlands-based investment firm Orient Growth Ventures has successfully closed its second fund, Orient Growth Fund II, amassing $90 million in commitments. This fund is a major increase from its inaugural $25-million fund raised in 2020. The firm has shown an escalating focus on backing early-stage venture capital managers across Southeast Asia and India. With Orient […]

Financial Technology — 19 Jan 2024

India-based fintech firm FinAGG Technologies has secured $11 million in its Series A funding round to expand in the MSMEs’ fintech space. The investment was co-led by global impact investment manager BlueOrchard and Tata Capital Limited.  The Small Industries Development Bank of India (SIDBI) and existing investor Prime Venture Partners also participated. In addition to […]

Funding — 21 Nov 2023

Bain Capital has successfully concluded the final closing of its fifth pan-Asia private equity fund, Bain Capital Asia Fund V, securing $7.1 billion in capital commitments. This achievement exceeds the initial target by 40%, signaling robust investor confidence despite the challenging global economic and geopolitical landscape impacting fundraising efforts across the industry.  The U.S.-based investment […]

Accelerator — 13 Sep 2023

Singapore-based venture capital firm Vertex Ventures Southeast Asia and India (VVSEAI) has successfully concluded its fifth funding round, raising $541 million. The figure represents an 80% increase compared to the amount raised for its previous fund, VVSEAI Fund IV, in 2019. VVSEAI Fund V’s substantial corpus includes a dedicated co-investment envelope of $50 million, which […]

Accelerator — 11 Sep 2023

MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion.  MUFG has been actively engaged in various initiatives to meet the financial needs of […]

Automobiles — 4 Aug 2023

Malaysia’s eco-friendly energy solutions provider, Gentari Sdn Bhd (Gentari), has joined forces with automaker BMW Malaysia (BMW) in a partnership for green mobility services and solutions alongside the deployment of renewable energy. In an official statement released on Friday, Gentari revealed that the collaboration was established through its wholly-owned subsidiary, Gentari Green Mobility Sdn Bhd, […]

Investments — 11 Jul 2023

Singapore’s state-owned investment firm, Temasek Holdings, has announced that its venture capital arm, Vertex Venture Holdings, has successfully raised more than $900 million in the initial round of fundraising for its latest fund, Nikkei Asia reported.   The company, headquartered in Singapore, manages a total of six funds, including five early-stage funds that target investments in […]

Venture Capital — 20 Dec 2022

An India-based tech-enabled global platform that offers environmental, social, and governance (ESG) and accounting and reporting consulting, has officially announced the launch of its operations after it also earned $12.5 million in series A for a minority stake sale. Uniqus Consultech Inc. intends to use the funding to investment in technology and scale its business […]

Private Equity — 31 Oct 2022

BPEA Credit, an independent private credit platform with one of the longest and strongest performing track records in the industry, announced the final closing of its third private credit fund, BPEA Credit – India Fund III, with capital commitments of $ 475 million. The fund, which is backed by blue chip international institutions, is more […]

Featured — 30 Sep 2022

Elev8 Venture Partners, the venture investor backed by India’s leading early-stage platform Venture Catalysts, is launching a $200-million fund that will focus on growth-stage, tech-driven companies in India. The fund will be sector agnostics and intends to invest with a ticket size of $5-15 million in Series B and C rounds, according to the announcement. […]

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