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Hello reader,
I have a problem.
You see, I recently found out that the climbing gym I frequent was about to shut down. Now, I have to figure out a new gym to call home. I discussed where to move with one of my good friends, but we still have not been able to make up our minds.
I suspect the reason it’s closing down is because rental rates in Singapore have been shooting up in recent months and that perhaps the new asking price is simply too much to bear. But learning about two fundraising fintech firms involved with facilitating loans made me wonder if getting a business loan was a viable option to save the outlet.
But I guess it’s too late now – on to new beginnings.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by country
🇮🇳 Impresario Entertainment and Hospitality: The India-based F&B brand raised US$67.7 million in strategic investment from the India Resurgence Fund.
🇮🇳 Lentra: Lentra, an Indian digital lending platform for banks, netted a US$60 million series B round from Bessemer Venture Partners, SIG Venture Capital, and Citi Ventures.
🇻🇳 F88: The Vietnam-based secured lending company took on US$60 million in debt financing from Lendable and the Lending Ark Asia Secured Private Debt Fund.
M&A’S
Startups that are raising funds
Killer pitch decks
Exclusive listicles
Thoughtful reads
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