Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- Indian quick commerce app Zepto raises $340 million in funding, valuing the company at $5 billion.
- Indonesian EV startup IMOTO set to launch VISION.ev motorcycle in 2025 and aims to raise $40 million.
- Vietnamese edtech startup Dream Viet Education JSC in talks to raise $10 million for expansion.
- Hillhouse Investment to acquire Dulwich College International schools in Asia for around $600 million.
- Indonesian fleet tracking startup TransTRACK raises $12 million in Series A funding round.
- Singapore-based Beam Mobility under investigation for manipulating monitoring software.
- Kopi Kenangan plans to expand operations in the Philippines and India.
- AppWorks focuses on primary fund investments to support startup founders.
- Quadria Capital to exit remaining assets from Fund I by end of the year.
- Vertex Ventures China raises over 3.5 billion yuan for latest RMB-denominated fund.
Disclaimer:This article by is general in nature and based on publicly available information and not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material. While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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