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Jonathan Chew · · 5 min read

Mensa Brands goes big on M&As

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Hello reader,

As a gamer, there’s no better feeling than being on a winning streak. You feel like you’re invincible – almost as if you can do no wrong. In some ways, it’s also an ego thing. Winning so often means, more or less, one thing: you’re good, really good.

For this week’s investments, it seems like there’s no better firm completing M&As than Mensa Brands. The firm was responsible for three out of the five M&As that took place in Southeast Asia this week.

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

🇰🇷 Viva Republica (Toss): The South Korean fintech startup, which provides peer-to-peer money transfer services through a mobile application called “Toss,” raised US$405 million from Tonic Private Equity during its series G round.

🇭🇰 Amber Group: Based in Hong Kong, the crypto finance firm bagged US$300 million in series C money from Fenbushi Capital.

🇮🇳 BigBasket: The India-based online food and grocery store got a US$200 million strategic investment from Tata Digital.

🇮🇳 BetterPlace: Headquartered in India, this workforce management platform bagged US$40 million from 3one4 Capital, British International Investment (BII), CX Partners, Capria Ventures (Capria Fund), Jungle Ventures, and Unitus Ventures during its series C.

🇸🇬 Doctor Anywhere: The Singaporean telehealth firm netted US$38.8 million in series C funds from Asia Partners, IHH Healthcare, Kamet Capital Partners, Novo Holdings, OSK-SBI Venture Partners, Singapore Economic Development Board, and Square Peg Capital.


M&As


Startups that are raising funds


Killer pitch decks


Exclusive listicles


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TIA Writer

Jonathan Chew

Has a strange liking for grabbing tiny plastic things on wooden walls