Karachi-based Dawaai, the on-line pharmaceuticals startup in Pakistan closed its series A funding at the end of March. It is on the way to turning a profit by the end of the year as the pharmaceuticals and medical supplies aggregator rushes to meet demand generated by the Covid-19 pandemic.
As last year drew to a close, FinanceAsia investigated which Chinese private equity and venture capital investors ran the most successful RMB funds during the ten years from 2009 to 2019. We reveal the results today and interview the managers who achieved such stellar performances.
Each Friday afternoon starting today, FinanceAsia will pen an editorial highlighting our unique capital markets news from the past week and place them in context of the bigger picture for the months ahead. We welcome your comments and criticisms. It is the best way to start the weekend.
Accelerated adoption for online education is pushing demand for virtual tutoring services amid school closures. While IPOs are practically out of the question, investors look for alternative methods to tap the opportunity.
FinanceAsia unearths Indonesia’s most exciting and eco-conscious companies to emerge from the country which faces huge environmental problems associated with high-population density and rapid industrialisation.
Conceived only two weeks ago, Expara Ventures lays claim to launching the first accelerator to target solutions to the problems caused by the COVID-19 pandemic. Presently siphoning resources from an existing fund, the VC is in talks with investors to support this initiative.