NewsIndonesia’s state-owned lender BRI appoints Nicko Widjaja to lead its USD 250 million venture firmNicko Widjaja is the former CEO of MDI Ventures. 2 mins read
The venture capital firm originally targetted at 1 billion for its sixth Indian fund. NewsSequoia adds USD 200 million to its sixth India fund in a warming market2 mins read
The country’s venture debt market is estimated to grow by 25% to 30% in 2019. NewsAlteria Capital raises USD 140 million to become India’s largest venture debt fund3 mins read
Cheap rent, plentiful graduates spur gaming industry in Chengdu and Wuhan InsightsChina’s tech startups flourish in talent-rich second-tier cities3 mins read
It now backs other unicorns such as Tuhu and Danke. NewsJoy Capital, an early stage backer of Luckin Coffee, Nio, and Mobike, raises USD 700 million new fund1 min read
The new funds will be used to enter additional markets and accelerate product development. NewsStashAway raises USD 12 million in Series B round led by Eight Roads Ventures1 min read
Startups are making short and long-term lodging easier to find in Cambodia. InsightsKhmer Living: Early Stage2 mins read
It makes use of WeChat’s mobile internet ecosystem. NewsKKR invests USD 40 million in Tencent-backed community group buying platform Xingsheng Selected1 min read
Investors include Apple, Microsoft, and Japan’s top three national banks. NewsSoftBank launches USD 108 billion second fund to invest in AI1 min read
NewsDeals in brief: SG Enviro raises SGD 8 million, Kamet Capital backs TopView, latest funding rounds in China, and more