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NEW DELHI -- India-based construction materials company Infra.Market on Tuesday said it has raised $50 million in funding from MARS Unicorn Fund, a joint venture between Israel-based Liquidity Group and Japan's Mitsubishi UFJ Financial Group.
HANOI -- Vietnam's rapid strides in artificial intelligence and technology are rubbing off on health tech investments in the country, particularly in precision medicine.
JAKARTA -- Indonesia's peer-to-peer (P2P) lending sector, which has seen several prominent companies plunge into crisis recently, has made retail lenders and investors wary of the model that is now being put to the test.
NEW DELHI -- A growing tribe of private equity and venture capital investors is heading to India's hinterland amid a rise in local tech talent coupled with improving infrastructure, increasing Internet penetration and lower operational expenses.
NEW DELHI/SINGAPORE -- India's private equity majors, which have seen several successful cycles of investments and exits, are set to leverage current turbulent times to raise capital for some of their largest investment vehicles so far.
JAKARTA -- China's short-form video platform TikTok's 75% stake acquisition of Indonesia-headquartered Tokopedia has prompted adjustments to the latter's investment portfolio that it has built over the years.
JAKARTA -- Global venture capital (VC) firm Antler, known to incubate nascent startups from their day zero, plans to go upstream in 2024 and increase investments in slightly more evolved companies.
HONG KONG -- Asian digital asset management firm HashKey Group has sealed a $100 million Series A financing round to join the unicorn club -- startup companies valued at $1 billion and above -- at a pre-money valuation of $1.2 billion.