Venture Capital

HongShan told the FT it had a “strong foundation of trust” with PeakXV and there would be opportunities for both teams to collaborate.

Global management consulting firm Bain & Company has on Friday announced that it intends to acquire the Asia Pacific (APAC) arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses.

Singapore-based global early-stage venture capital firm Antler has announced the appointment of Agung Bezharie Hadinegoro as its Partner. Agung is to spearhead the company's investment strategy and operations in Indonesia.

Japan-based research group Leave a Nest and the Malaysian Research Accelerator for Technology and Innovation (MRANTI) are collaborating on the highly anticipated Global Market Fit Program (GMP) Japan to support high-growth startups seeking to expand their business presence in Japan.

Brinc, a Hong Kong-based global venture accelerator, has on Thursday announced the debut cohort of its Climate Tech accelerator, where four startups kick off its Summer 2023 program.

Malaysian Research Accelerator for Technology & Innovation (MRANTI), a commercialization catalyst in the technology and innovation ecosystem, and pitchIN, Malaysia's Digital Fundraising and Investment Hub, have announced their strategic partnership aimed at revolutionizing the investment landscape for Malaysian startups and spinoffs.

Former Fave Execs Joel Neoh and Audra Pakalnyte have launched First Move, a founder-led early-stage fund, to empower consumer-focused startups across Southeast Asia. The fund provides vital pre-seed funding of up to $100,000, and has a current portfolio of seven companies spanning Singapore, Malaysia, and Indonesia.

Indian venture capital firm Arkam Ventures has launched its Fund II with a target size of $180 million to tap "Middle India" opportunity. The fund will continue to build a thesis-driven, concentrated portfolio by going deeper in its existing sectors and, as well as identifying category leaders in promising areas like manufacturing, tech and electric…

Iskandar Investment Bhd aims to be the bridge between Malaysian start-ups and local and regional investors to facilitate access to fundings.

Indian venture capital firm Blume Ventures has on Wednesday announced the first close of its new opportunity cum continuity fund, Fund 1Y. This is the firm’s third growth fund, and it has already raised INR 200Cr ($25 million) of the INR 400Cr ($50 million) target with visibility for the remaining corpus.