We are happy to introduce our next set of 10 speakers for the Asia PE-VC Summit 2022 to be held September 27 & 28 at Sofitel Singapore City Centre.

Our new speakers represent top firms including Asia Partners, EQT Private Equity, Navis Capital Partners, Flourish Ventures, 500 Global, Insignia Ventures Partners, BlueOrchard Finance, AC Ventures, Palm Drive Capital and Animoca Brands.

Save your spot for just $999 by availing the Early Bird pricing that lasts till August 14. https://events.dealstreetasia.com/sg2022/#Tickets

We are happy to announce a lineup of 50 speakers representing the region’s prominent private equity and venture capital firms investors and entrepreneurs. Get a chance to meet them as they share their unique perspectives and reading of the opportunities in Asia’s key markets - India, China and south & SE Asia - in 2022 and beyond.

The Asia PE-VC Summit 2022 will also see participation from limited partners or LPs who are betting big on the Asia growth story. Our LP attendees represent top-tier institutions including Temasek, Pantheon, IFC, DST Global, Qatar Investment Authority, US Development Finance Corp, British International Investment, Bee Alternatives Limited, KVIC, ADB, HarbourVest and many more.

Tickets: https://events.dealstreetasia.com/sg2022/#Tickets
Speakers: https://events.dealstreetasia.com/sg2022/#Speakers
LPs: https://bit.ly/3BVjrDY

Top stories of the week

📌 Sinar Mas invests $250m in e-wallet startup DANA, Lazada finalises deal too. https://www.dealstreetasia.com/stories/sinar-mas-and-lazada-group-finalizes-investment-in-digital-wallet-dana-303484

📌 Pakistani restaurant aggregator Pattern raises six-figure funding led by Deosai Ventures. https://www.dealstreetasia.com/stories/pakistani-restaurant-aggregator-pattern-raises-six-figure-funding-led-by-deosai-ventures-303504

📌 Indonesia’s Bank Mandiri said to be in talks to buy stake in Bank Prima Master. https://www.dealstreetasia.com/stories/bank-mandiri-bank-prima-master-302565

📌 The LP View: Investors turning cautious, but IFC remains committed to emerging managers. https://www.dealstreetasia.com/stories/the-lp-view-ifc-303088

📌 Indonesian VC Venturra Capital plans to launch third fund in Q1 next year. https://www.dealstreetasia.com/stories/venturra-third-triple-digit-fund-303355

📌 Indonesian logistics startup Paxel raises $23m in Series C funding led by Astra. https://www.dealstreetasia.com/stories/indonesian-logistics-startup-paxel-raises-23m-in-series-c-funding-led-by-astra-303296

📌 Thailand’s SCB10X is active as ever amid funding winter, says CEO Panich. https://www.dealstreetasia.com/stories/thailand-scb10x-ceo-303343

📌 Singapore investment platform Xcelerate scores $11m funding. https://www.dealstreetasia.com/stories/sg-xcelerate-scores-funding-303113

Greater China’s privately held companies inked a record 605 funding deals in the second quarter of this year to raise nearly $11.3 billion. However, a paucity of large, growth-stage deals meant total proceeds were 8.4% lower quarter-on-quarter and slid 33.5% year on year.

Get the Greater China Deal Review: Q2 2022 report for data and insights on:

📌 Quarterly and monthly trends in fundraising
📌 Sectors attracting the most capital
📌 Top megadeals and the most active investors in Q2
📌 Insights from prominent investors.

Download your FREE preview today: https://mailchi.mp/dealstreetasia/greater-china-deal-review-q2-2022

Discover the new experience that we just launched!

The CRUX Knowledge’s Knowledge Tracker is about increasing your knowledge of the topics we cover here at DealStreetAsia. You’ll find Knowledge Tracker at the end of each article where it will provide you with a view of your progress in covering the topic of the article and suggestions of which articles are best to read next.

Knowledge Tracker recommends the articles that would best increase your coverage across many topics, based on your individual reading journey so far. It will take into account every relevant article read across DealStreetAsia and will always offer the best route to discovery and deepen knowledge.

Learn more https://www.dealstreetasia.com/blogs/introducing-the-knowledge-tracker/

Top stories of the week

📌 Vietnam’s Pharmacity replaces founder Chris Blank from post of legal representative. https://www.dealstreetasia.com/stories/pharmacity-new-legal-representative-303813

📌 [Updated] Sea Group’s losses widen in Q2 even as revenues grow at Shopee, SeaMoney. https://www.dealstreetasia.com/stories/sea-ltd-q2-2022-results-304172

📌 SG-headquartered e-commerce startup Graas snags $40m in Series A. https://www.dealstreetasia.com/stories/sg-headquartered-e-commerce-startup-graas-snags-40m-in-series-a-304301

📌 EV charging startup Exponent Energy raises $13m round led by Lightspeed India. https://www.dealstreetasia.com/stories/exponent-energy-lightspeed-india-304208

📌 Singapore’s Docquity raises $32m from Japan’s Itochu in ongoing Series C round. https://www.dealstreetasia.com/stories/docquity-itochu-seriesc-304413

Southeast Asia’s venture capital firms closed 23 funds to raise an impressive $3.03 billion in the first six months of this year, surpassing the capital raised in the whole of 2021.

SE Asia’s VC Funds: H1 2022 Review offers data and insights on:

📊 Fundraising by Southeast Asian VCs, including first-time GPs
📊 Performance by VCs in different markets of SE Asia
📊 Fundraising by global VCs with SE Asia allocations
📊 Funds currently in the market

Find out how VCs in different markets of SE Asia and global investors with allocations to the region performed in the first half with our latest report. https://mailchi.mp/dealstreetasia/se-asias-vc-funds-h1-2022-review

Top stories of the week

📌 Former Singlife CEO’s fintech startup raises $19m in Sequoia-led round. https://www.dealstreetasia.com/stories/chocolate-finance-sequoia-305208

📌 DigitalOcean acquires Pakistan’s Cloudways in $350m deal. https://www.dealstreetasia.com/stories/digitalocean-cloudways-305116

📌 The Sylvan Group leverages Asian business family links for $400m debut fund. https://www.dealstreetasia.com/stories/the-sylvan-group-debut-fund-304704

📌 Vietnam’s healthtech startup Medici raises $8.5m Series A round led by Jungle Ventures. https://www.dealstreetasia.com/stories/medici-seriesa-jungle-ventures-305108

📌 Indonesian dental startup KLAR raises $4.5m in pre-Series A funding. https://www.dealstreetasia.com/stories/dental-startup-klar-305047

Driven by increasing demand for homes from an expanding middle class, coupled with high internet penetration, #Indonesia has seen several #proptech startups crop up in the last few years.

After focusing on low-hanging fruits such as property search and listing, these startups have expanded their focus to financing and insurance services. Some are even looking to tap the blockchain to make transactions transparent and secure, and to fractionalise investments.

However, the market remains fragmented and reliant on agents. Relegated to a supporting role, can proptech startups in Indonesia do more? Our latest report explores the market, its various constituents, their changing dynamics and strategies, and their impact on the proptech sector.

Get your hands on a free sample of this exclusive report: https://mailchi.mp/dealstreetasia/indonesias-proptech-market-bricks-clouds

Top stories of the week

📌 Indonesia’s GoTo acquires local crypto exchange in $8.3m deal. https://www.dealstreetasia.com/stories/indonesias-goto-acquires-local-crypto-exchange-in-8-3m-deal-305691

📌 Indonesia’s F&B tech startup ESB raises $28.9m in new round. https://www.dealstreetasia.com/stories/indonesia-esb-new-round-305610

📌 Peter Thiel joins Pak consumer electronics marketplace PriceOye’s $7.9m seed round. https://www.dealstreetasia.com/stories/being-edited-pakistans-consumer-electronic-marketplace-priceoye-pk-raises-7-9m-in-seed-funding-305797

📌 SG’s Vickers Venture Partners closes Fund VI below target at $260m. https://www.dealstreetasia.com/stories/vickers-venture-fund-vi-4-305657

📌 GoTo’s losses more than double in H1 2022, despite strong revenue growth. https://www.dealstreetasia.com/stories/goto-losses-widden-h1-2022-305828

Discover the contours of Indonesia’s payment networks, alongside primary findings from a survey of 1,000 MSME merchants in the country. The Indonesia Mobile Payment Review 2022 by DealStreetAsia and LinkAja has data-backed insights on merchants’ preferences even as the pandemic disrupted traditional payment nodes in the economy.
https://www.dealstreetasia.com/mpayments/

Top stories of the week

📌 Ex-Traveloka execs’ e-grocery startup Cosmart raises $5m seed funding. https://www.dealstreetasia.com/stories/indonesia-e-grocery-cosmart-seed-funding-309727

📌 Big opportunity to localise models from China & India to SE Asia: Warburg Pincus. https://www.dealstreetasia.com/stories/localise-models-china-india-se-asia-warburg-309864

📌 SE Asia has become a big, sophisticated PE market: UK-based ICG. https://www.dealstreetasia.com/stories/se-asia-sophisticated-pe-market-icg-309245

📌 India continues to be a bright spot in the global PE landscape, says Motilal Oswal’s Vishal Tulsyan. https://www.dealstreetasia.com/stories/motilal-oswal-pe-interview-309952

📌 Two Indonesian founders-turned-funders are looking to launch new vehicles. https://www.dealstreetasia.com/stories/startup-founders-set-up-vc-funds-309832

We are delighted to be back with our in-person #IndonesiaPEVCSummit in Jakarta on January 12, 2023.

Join us for the most comprehensive coverage of SE Asia’s largest economy - Indonesia. The conference will bring together the region’s top leaders from the venture capital, private equity and startup space who are at the forefront of the unfolding growth story in Indonesia.

Mark your calendars and avail of super-saver rates that are due to expire very soon.

https://events.dealstreetasia.com/jkt2023/#Tickets

The value and volume of venture investments in privately-held companies in Greater China continued to move in opposite directions in the third quarter of 2022.

Startups headquartered in Greater China raised $15.1 billion in July-September 2022, which is a slump of 34.7% from the same period last year.

In contrast, deal volume hit a fresh record of 690 venture deals, according to our latest report.

As risk-averse investors shied away from making big bets on near-IPO companies, there was a surge in small-ticket deals in the early stages at the expense of late-stage fundings. There were 400 transactions at Series A and earlier funding stages that accounted for 58% of the Q3 deal count. This pattern is expected to continue in Q4 as well.

The report also dwells upon the public market. Adverse factors at home and abroad continued to hinder the plans of IPO hopefuls in Greater China.

The period between Q1 and Q3 2022 saw 325 Greater China companies go public — down 33.9% from the same period last year. In total, they raised about $63.6 billion, a decrease of 26% YoY, according to the report.

Get the Greater China Deal Review: Q3 2022 report for data and insights on:

🔴 Top deals of Q3 2022
🔴 Most popular industries for venture investors
🔴 Secondary listings and SPAC listings in Hong Kong
🔴 Insights from prominent investors on the fundraising scene.

https://mailchi.mp/dealstreetasia/greater-china-deal-review-q3-2022

We have put together a list of top trends we are tracking editorially at DealStreetAsia. Do upvote the sessions you would like to participate in at the Indonesia PE-VC Summit 2023.

1. Big Picture Macro View: The case for Indonesia in 2023 and beyond
2. The evolving payments landscape in Indonesia - Opportunities and challenges
3. Amid funding winter, alternative capital sources gain steam
4. Indonesia continues to be a strong venture capital play
5. B2B tech enablers tapping Indonesia’s massive growth engines - the MSMEs
6. Crypto craze in Indonesia: Will it stay or fade?
7. Future of jobs: How the gig economy is driving labour trends
8. Indonesia on road to become EV hub but challenges persist
9. Disintermediating Indonesia’s most traditional industries - Farm and Fisheries
10. Consumption theme holds strong despite economic headwinds.

Vote for themes and be a part of the making of Indonesia PE-VC Summit
https://docs.google.com/forms/d/e/1FAIpQLScQZz7PLFRYxT-bpBlJlREi-fs_4Jty-CLfPLSHySm6PNMhLw/viewform

Dealstreet Asia’s private equity (PE) landscape report in association with Ontra has revealed that there is a slowdown in fundraising activity in Asia. A high profile panel from the world’s of global investing, PE and VC, shared valuable insights on the reasons behind this slowdown while also giving hope of better things to come in 2023. What is the good news? Find out as experts speak.

https://www.dealstreetasia.com/partner-content/investment-tech-asias-growth-story

Southeast Asia-based startups raised $3.72 billion in venture capital funding in the third quarter, down 22% from Q2 and 36.4% year on year, on the back of a paucity of big-ticket, late-stage deals.

Deal count, on the other hand, increased 11% quarter-on-quarter to 277 during the period as early-stage investments continued to drive volume.

According to DealStreetAsia’s latest report, the quarter saw an uptick in debt financing as startups sought to stave off flat or down rounds. Venture-backed startups inked at least 15 debt financing deals in Q3, raising $819 million in total.

In the first nine months of this year, startups raised $12.68 billion in equity funding, down 16.4% year on year, and another $1.54 billion in debt financing.

Get the SE Asia Deal Review: Q3 2022 report to access country, funding stage and vertical-specific fundraising data and more ➡️ https://mailchi.mp/dealstreetasia/se-asia-deal-review-q3-2022

We are happy to introduce our next set of six headline speakers for the upcoming Indonesia PE-VC Summit 2023, scheduled for January 12 at The Langham, Jakarta.

Our speakers have been at the forefront of venture capital activity and digitalisation trends unfolding in SE Asia’s maximum market. They will share their rich insights of having witnessed the transition of Indonesia from a nascent market to one of the most lucrative investible opportunities in this part of Asia.

We feature speakers from 6 active investors in the region: Vertex Ventures Southeast Asia and India, DSG Consumer Partners, Intudo Ventures, MDI Ventures, Innoven Capital SEA and Alpha JWC Ventures.

Join these high-impact conversations with top leaders to take away vital insights.
https://events.dealstreetasia.com/jkt2023/#Tickets

Hit by global macroeconomic headwinds, Indian startups could raise only a little over $3 billion in the quarter ended September, down almost 58% sequentially. On a year-on-year basis, the fall was even more stark — deal value in the quarter under review was down 83% from Q3 2021, while deal count was down 34%.

According to our latest report, growth stage funding in India is in severe distress. Consider this: the volume of megadeals, or deals worth at least $100 million, fell to five in Q3, compared with 21 in the previous quarter and 43 in the year-ago quarter.

The fall in the number of megadeals is a sign that investors are writing smaller cheques in the early stages, at the expense of late-stage deals.

With only one quarter left in the year, startup fundraising is short of 2021's total ($46 billion) by around $23 billion. Deal volume, however, has held up. Consequently, 2022 is likely to go down as a paradoxical year, when fundraising fell despite more deals being sealed by India’s startups.

Get the India Deal Review: Q3 2022 report for data and insights on:

🇮🇳 Top deals of Q3 2022 and 9M 2022
🇮🇳 Top sectors in terms of fundraising
🇮🇳 Most active investors
🇮🇳 Insights from prominent investors
🇮🇳 List of unicorns minted in 2022 so far.

https://mailchi.mp/dealstreetasia/india-deal-review-q3-2022