Top ten highlights from the APAC PE, VC, and startup ecosystem this week:
- OpenAI drama concludes with the return of CEO Sam Altman and a board overhaul
- TikTok likely to partner with and invest in Indonesian e-commerce firm Tokopedia
- Delivery Hero to shut down Baemin Vietnam joint venture by end of year
- ONE Championship makes fundraising pitch to Qatar Investment Authority
- Indonesia-focused fintech firm Honest Bank secures $18 million in funding
- Venture partner at Alpha JWC Ventures builds venture studio and secures investment
- Bain Capital closes fifth pan-Asia private equity fund at $7.1 billion
- Majority of Asian managers surveyed have not made changes to their ESG framework
- ROC Partners in the market for sixth Asia Pacific-focused fund with target of $300 million
- Various funds, including Quadria Capital and VinaCapital Ventures, achieve significant milestones in fundraising efforts
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