Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- Indian quick commerce app Zepto raises $340 million in funding, valuing the company at $5 billion.
- Indonesian EV startup IMOTO set to launch VISION.ev motorcycle in 2025 and aims to raise $40 million.
- Vietnamese edtech startup Dream Viet Education JSC in talks to raise $10 million for expansion.
- Hillhouse Investment to acquire Dulwich College International schools in Asia for around $600 million.
- Indonesian fleet tracking startup TransTRACK raises $12 million in Series A funding round.
- Singapore-based Beam Mobility under investigation for manipulating monitoring software.
- Kopi Kenangan plans to expand operations in the Philippines and India.
- AppWorks focuses on primary fund investments to support startup founders.
- Quadria Capital to exit remaining assets from Fund I by end of the year.
- Vertex Ventures China raises over 3.5 billion yuan for latest RMB-denominated fund.
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