Khazanah leads $170m fundraising for Garena

Southeast Asia’s largest internet and mobile platform company will use the capital to boost its online marketplace and payments platform.

Khazanah leads $170m fundraising for Garena

Garena Interactive, Southeast Asia’s largest internet and mobile platform company, said on Thursday it had raised $170 million from investors including Malaysia’s wealth fund Khazanah.

Headquartered in Singapore, Garena operates across three major internet categories digital content, marketplace ecommerce, and electronic payments.

Khazanah led the series D funding round. It joins existing investors in Garena including General Atlantic, the Ontario Teachers’ Pension Plan, and Keytone Ventures.

Garena represented...

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