Indonesia’s AC Ventures Announces First Close of USD 80 Million Fund

Indonesia’s AC Ventures Announces First Close of USD 80 Million Fund

Jakarta-based AC Ventures on Monday announced that it has raised USD 56 million in the first close of its USD 80 million fund, targeting...
All Members of AIF Must Approve Investments, Clarifies SEBI

All Members of AIF Must Approve Investments, Clarifies SEBI

The manager of an angel fund is required to take the consent of every investor in the fund before making an investment, the Securities...
Chinese Kuaishou Considering Hong Kong IPO with USD 50 Billion Valuation

Chinese Kuaishou Considering Hong Kong IPO with USD 50 Billion Valuation

Kuaishou, ByteDance’s strongest competitor in the short video sector, is seeking an initial public offering (IPO) in Hong Kong as early as this year,...
India’s Edtech, Gaming Cos Lead Funding Revival, Startups Raise b in Sept Quarter

India’s Edtech, Gaming Cos Lead Funding Revival, Startups Raise $2b in...

New-age startups in sectors such as edtech and gaming propelled funding in the July-September quarter to touch $2 billion, even as investments this year...
Cairo-Based La Reina Raises Six-Figure Investment, Launches A Fashion

Cairo-Based La Reina Raises Six-Figure Investment, Launches A Fashion

Cairo-based online fashion rental platform La Reina has raised a six-figure (USD) ‘seed investment’ from 500 Startups, Algebra Ventures, and some other angel investors,...
Koh Boon Hwee-Backed US0M+ VC Fund Altara Ventures to Invest in 20-25 Firms in SEA

Koh Boon Hwee-Backed US$100M+ VC Fund Altara Ventures to Invest in...

A group of tech and investment veterans, including Koh Boon Hwee, Tan Chow Boon and Seow Kiat Wang, have joined hands to launch Altara...
Malaysian BigBrainBank Raises 7-Figure Seed Funding to Allow People to Make Investments with Minimal Financial Knowledge

Malaysian BigBrainBank Raises 7-Figure Seed Funding to Allow People to Make...

BigBrainBank, a Malaysian startup that digitally assists investors in making trading decisions, said today it has raised a “7-figure USD” in seed funding from...
Indian Parliamentary Committee Report Moots Abolition of LTCG Tax for Startups Investments

Indian Parliamentary Committee Report Moots Abolition of LTCG Tax for Startups...

The parliamentary standing committee on finance has recommended that long term capital gains (LTCG) tax for investments in startups made through collective investment vehicles...
India’s Airmeet Raises M Series A Investment Led by Sequoia Capital India, Redpoint Ventures

India’s Airmeet Raises $12M Series A Investment Led by Sequoia Capital...

Virtual event organisation platform Airmeet has raised $12 million Series A funding led by Sequoia Capital India and Redpoint Ventures. Existing investors Accel Partners...
Singapore-Based Patamar Capital Launches USM Beacon Fund for Female Entrepreneurs in SEA’s Emerging Markets

Singapore-Based Patamar Capital Launches US$50M Beacon Fund for Female Entrepreneurs in...

Singapore-headquartered Beacon Fund has announced the launch of a new fund with an initial target of US$50 million, which aims to invest in female...
Singapore’s Temasek, GIC Consider Joining Chinese Ant Group’s IPO

Singapore’s Temasek, GIC Consider Joining Chinese Ant Group’s IPO

Singapore state investment firm Temasek Holdings and sovereign wealth fund GIC have been in talks to invest in Chinese fintech unicorn Ant Group’s dual...
Indian SaaS Startup CustomFit.ai Raises Investment from Java Capital

Indian SaaS Startup CustomFit.ai Raises Investment from Java Capital

No Code SAAS personalisation platform CustomFit.ai has raised an undisclosed amount of funding in its pre-seed round, led by Java Capital. The round also...