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Latest news on private equity (PE), venture capital (VC), inbound & outbound deals, IPOs, mergers and acquisitions (M&A), and startup ecosystem across Asia.
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News
IDG Capital leads near-$100m seed round for nascent embodied AI startup PHYMI
5+ day, 10+ hour ago (195+ words) IDG Capital has led a seed financing of almost $100 million in PHYMI, a nascent embodied artificial intelligence (AI) foundation model startup launched by a former executive of self-driving unicorn DeepRoute.ai. Yunqi Partners, FOSUN RZ Capital, Glory Ventures, alongside publicly…...
Temasek co-leads $100m funding in Indian space startup Pixxel
1+ week, 4+ hour ago (193+ words) Founder and CEO of the Pixxel Awais Ahmed, poses in front of the company logo in their office in Bangalore, India January 13, 2025. REUTERS/Nivedita Bhattacharjee Indian space tech startup Pixxel said on Monday it had raised $100 million in a Series…...
JM Financial Asset Management hits first close of debut pre-IPO fund
1+ week, 5+ day ago (242+ words) JM Financial Asset Management Ltd has raised Rs 700 crore ($74.1 million) in the first close of its pre-IPO fund, which will focus on businesses targeting a public listing within the next 18 months. The fund has a target corpus of Rs 1500 crore…...
HK's FundPark scales ABS facility past $1.25b with Citi deal, eyes global markets
1+ week, 5+ day ago (82+ words) DealStreetAsia HK's FundPark scales ABS facility past $1.25b with Citi deal, eyes global markets Printed by Unregistered user on Wed, 02 Sep 2026 14:54:41 GMT You may also like Singapore pledges $170m over three years to push fintech innovation Sea Ltd's Q2 profit rises 11% as e-commerce,…...
Deal Digest: Kasikornbank begins Indonesia ops; Makers Fund closes $250m Fund IV
1+ week, 6+ day ago (403+ words) Thailand’s Kasikornbank has officially begun operations in Indonesia under the KBank Indonesia brand, while Makers Fund, a venture capital firm focused on games and interactive entertainment, has closed its fourth fund at $250 million. Thailand’s Kasikornbank has officially begun operations in…...
Schroders Capital CIO sees private markets nearing turn, warns on AI euphoria
2+ week, 14+ hour ago (59+ words) DealStreetAsia Schroders Capital CIO sees private markets nearing turn, warns on AI euphoria Nils Rode, Chief Investment Officer of Schroders Capital Printed by Unregistered user on Mon, 31 Aug 2026 01:02:25 GMT Read more from World DigitalBridge to acquire Australian smart metering platform…...
India: Piramal Alternatives invests $22.5m in wellness firm Kolors Healthcare
2+ week, 5+ day ago (213+ words) Piramal Alternatives, a unit of Piramal Group controlled by Indian billionaire entrepreneur Ajay Piramal, has invested Rs 215 crore ($22.5 million) in Kolors Healthcare India Pvt Ltd to support the company’s expansion plans. The investment was made through Piramal Alternatives’ India Credit…...
India Digest: Ringg AI, Nexedge Capital secure funding
2+ week, 5+ day ago (270+ words) Ringg AI has extended its Series A funding round to $15 million, led by Peak XV Partners, with participation from Arkam Ventures and Capital 2B. Meanwhile, wealth management firm Nexedge Capital has raised $20 million as it looks to expand its operations. The…...
Thai VC Krungsri Finnovate backs three global startups
2+ week, 6+ day ago (264+ words) Krungsri Finnovate, the corporate venture capital arm of Thai banking group Krungsri, invested in three overseas startups during the first seven months of this year, according to an announcement. The firm backed US-based brokerage infrastructure provider Alpaca, Singapore insurtech startup…...
India: Quadria-backed Nobel Hygiene files draft IPO papers with Sebi
3+ week, 3+ day ago (355+ words) Nobel Hygiene Limited, a manufacturer of absorbent hygiene products, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). Nobel Hygiene plans to use the proceeds from…...