TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups

TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups

TNB Aura, a recent arrival to Southeast Asia’s VC scene, announced today that it has closed a maiden fund at SG$31.1million, or around US$22.65 million, to bring a more private equity-like approach to investing in startups in the region. The fund was launched in 2016 and it is a joint effort between Australia-based venture fund Aura Read more about TNB Aura closes $22.7M fund to bring PE-style investing to Southeast Asia’s startups[…]

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a Read more about Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia[…]