Fundraising by VC firms focused on Southeast Asia plunged to $494 million in Q2 2023, the lowest in the previous ten quarters, DealStreetAsia’s DATA VANTAGE shows.

The real story here is that a star-studded ex-GIC team had closed significantly below target and taken much longer than expected to close. 👀💵 ~ $567m vs targeted $750-800m (reported by DealStreetAsia and AVCJ) ~ Down from an even earlier target of $1b (according to a source

DealStreetAsia's Ngoc Nguyen moderates a panel on 'Private credit is booming in APAC but what are the pitfalls?' Panelists include Myron Zhu of Manulife Investment; Abhishek Mittal of Aavishkaar Capital; Kerrine Koh of Hamilton Lane; and Sarit Chopra of Bain Capital.

Ngoc Nguyen, DealStreetAsia's ears on the ground in Vietnam, moderates a panel on "SEA’s frontier markets emerge as startup hotspots: Can they deliver for investors?" #AsiaPEVCSummit2023

AEON Financial to buy Vietnam-based SeABank's microfinance unit for $175m dealstreetasia.com/stories/aeon-t…