Private Equity

A Robust Ecosystem For Local Businesses

Despite the pandemic pushing both customers and retailers to e-commerce platforms in droves, research shows that adoption among small and medium enterprises (SMEs) still lags behind that of larger firms. “Digital uptake is picking up, but remains low among SMEs, particularly e-commerce participation,” states a survey by the Organisation for Economic Co-operation and Development (OECD) …

A Robust Ecosystem For Local Businesses Read More »

MDV Plans Issuance Of New RM2B Fund To Increase Support For Green Tech Projects

KUALA LUMPUR (Sept 30): Malaysia Debt Ventures Bhd (MDV) is planning the issuance of a new RM2 billion fund that will allow it to accelerate efforts in financing green technology projects and support the government’s green growth target, which was outlined in the 12th Malaysia Plan (12MP) that was tabled in Parliament recently. The wholly-owned …

MDV Plans Issuance Of New RM2B Fund To Increase Support For Green Tech Projects Read More »

Tiger Global And Accel Back Indonesia’s Latest Fintech Unicorn Xendit

JAKARTA, Sept 15 (Bloomberg): Xendit, which provides payment services for businesses in Indonesia and the Philippines, has become a billion-dollar startup or unicorn after raising US$150 million in a funding round led by Tiger Global Management. Existing backers Accel Partners, Amasia and Twitch founder Justin Kan’s Goat Capital joined the financing, which will help the …

Tiger Global And Accel Back Indonesia’s Latest Fintech Unicorn Xendit Read More »

Tiger Global And Accel Back Indonesia’s Latest Fintech Unicorn Xendit

JAKARTA, Sept 15 (Bloomberg): Xendit, which provides payment services for businesses in Indonesia and the Philippines, has become a billion-dollar startup or unicorn after raising US$150 million in a funding round led by Tiger Global Management. Existing backers Accel Partners, Amasia and Twitch founder Justin Kan’s Goat Capital joined the financing, which will help the …

Tiger Global And Accel Back Indonesia’s Latest Fintech Unicorn Xendit Read More »

Carsome Raises US$170 Million To Reach US$1.3 Billion Valuation

SINGAPORE (Sept 1): Southeast Asian used-car marketplace Carsome Group said it has raised $170 million in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position as Malaysia’s largest tech unicorn, valued at $1.3 billion. The valuation comes as Southeast Asian startups are attracting strong interest from regional and global funds, driven by …

Carsome Raises US$170 Million To Reach US$1.3 Billion Valuation Read More »

OnlyFans Promotes Its SFW App As It Seeks Funding At A $1B+ Valuation

OnlyFans — the platform where adult creators can directly monetize their audience — is pushing its safe-for-work app OFTV, which is available on iOS and Google Play. The ad-free app launched in January, sharing over 800 videos from OnlyFans creators, like cooking tutorials, yoga routines and interviews. But this week will be the first time that OnlyFans will market …

OnlyFans Promotes Its SFW App As It Seeks Funding At A $1B+ Valuation Read More »

Khazanah-Backed Rapid Micro Biosystems Raises US$158.4 Mil Via NASDAQ Listing

KUALA LUMPUR (July 22): Khazanah Nasional Bhd’s venture capital arm Xeraya Capital Sdn Bhd investee Rapid Micro Biosystems Inc has been listed on the US’ Nasdaq Global Select Market following an initial public offering (IPO) of 7.92 million shares at US$20 each to raise US$158.4 million (about RM669.76 million). Xeraya chief executive officer (CEO) Fares Zahir, who …

Khazanah-Backed Rapid Micro Biosystems Raises US$158.4 Mil Via NASDAQ Listing Read More »

Global Venture Capital Investments Hit Record High

July 21 (Reuters) – Global venture capital investments are at record levels this year, boosted by a surge in equities, higher liquidity and an increased interest in sectors that have benefited from the coronavirus pandemic. According to Refinitiv data, global venture capital funds invested $268.7 billion so far in 2021, far outstripping their total investments …

Global Venture Capital Investments Hit Record High Read More »

Private Equity Firm Creador’S First Close Of Fifth Fund Raises Us$500M

KUALA LUMPUR (July 16): Private equity firm Creador’s first close of fifth flagship investment vehicle – Creador V – has raised US$500 million (RM2.1 billion), which is the firm’s biggest close to date that occurred four months after its first invited investors on board in March 2021, according to sources familiar with the matter. “The …

Private Equity Firm Creador’S First Close Of Fifth Fund Raises Us$500M Read More »

Yes, I would like to know more updates and details on PE Group products and services at the earliest notification. Please put me on yourpremier priority list .