Startups

Mirae Financial, Tiger Global, Sequoia Capital India and professional footballer, Cristiano Ronaldo, also participated in the Insight Partners-led $100 million Series A round, one of Asia’s largest.

The acquisition was made by the firm's EQT Mid Market Asia III strategy, forming the fund’s last investment.

Less than a fifth of startup funding in Southeast Asia last year went to firms co-founded by women, highlighting a stark gender financing gap.

The latest investment, part of a $137 million Series B round, brings CredAvenue’s valuation to $1.3 billion and propels it to unicorn status.

The additions will allow the venture capital firm to expand its capabilities across sectors and geographies.

Vietnam is emerging as a major tech ecosystem hub and provides a viable alternative investment pipeline to China, in the context of ongoing regulatory crackdown. And if it’s an indication of the country’s ambitions, start-ups like Loship are chasing the dream of ringing the US opening bell.

The new framework adds another dimension to Hong Kong’s listing offerings, but is unlikely to become a mainstream option in Hong Kong, experts believe.

The highly anticipated move should spur new listings of domestic tech companies, experts believe.

The bank’s listing represents ASX’s first bank IPO in 25 years.