Analysis
The rescue package will likely cover operational costs till the company reaches a more permanent solution.
Indian PE firm ChrysCapital to raise $300m fund to retain NSE stake: Report
Japan's KDDI, Mitsubishi Corp to launch tender offer to take Lawson private
Inventus co-leads $4.2m funding in Khyaal and India deals worth $101m
Yamaha powers Indian electric scooter maker River's $40m funding round
Data Vantage: Silicon Box, Tyme, GoTyme Bank, Radarr and Amperesand report cap table updates
More Stories
TikTok-Tokopedia deal to trigger portfolio reassessment and strategic shifts
Singapore state investor Temasek may lend a hand to India’s Tynor Orthotics
Secondary investors in Asia face China uncertainty but show rising sophistication
The LP View: Canada’s AIMCo sees private equity slowdown continuing into 2024
KKR closes largest-ever APAC infra fund at $6.4b
Deals
IFC said the project marks the first non-sovereign blue loan financing in Indonesia.
FMO had recently proposed a $10m senior loan to EDV.
Tokopedia’s shares in Sayurbox may be transferred to TikTok paving the way for a collaboration between the two.
A recap of all the news, scoops, and scandals of the week gone by.
Venture Capital
Endeavor Indonesia plans to launch accelerator programmes for startups in these sectors.
People
Ganis will be in charge of investments in hybrid capital solutions, which will include private credit.
Indonesia PE-VC Summit 2024
2024’s first major industry conference provided deep insights into the trajectory of Indonesia’s growth story.
Adaro Energy, Indika Energy, and United Tractors have undertaken renewable energy projects.
Total raised in region dropped 60% amid political uncertainty and China worries.