Thailand-based private equity firm 9Basil is betting on three Southeast Asian markets—the Philippines, Indonesia and Vietnam—to grow beyond its home market, said a top executive. buff.ly/3AMOHGG

South Korean conglomerate SK Group has agreed to extend its put option with Vietnamese diversified business group Masan for up to five years, according to a statement. buff.ly/4dPScuj

Raisewell Ventures, a VC fund focusing on the US and Southeast Asia, has announced its official launch, while Singapore-based VC firm Leo Capital has secured the first close of its 25 million euros ($27.6 million) Nordic Fund. buff.ly/3Zh69NL

Indonesia’s workforce development platform PINTAR, which has actively pursued an M&A strategy for growth, is seeking to raise $5-6 million from regional investors as part of its Series A funding round, a top executive said. buff.ly/3XfcJla

Southeast Asian property classifieds group PropertyGuru’s losses widened in the second quarter (Q2) of 2024, compared with a year ago, even as its revenue rose. buff.ly/3MwHGMF

The Indonesia Investment Authority (INA) and Hong Kong-based property firm Swire Pacific Limited have completed an investment in Indonesian state-owned hospital chain PT Pertamina Bina Medika IHC (Pertamedika IHC), according to an announcement. buff.ly/3TiigGh

Ziina, a Dubai-based fintech startup specialised in payment solutions, has raised $22 million in a Series A funding round led by Silicon Valley-based early-stage investor Altos Ventures. buff.ly/3XuwsOT

Sunsure Energy, a Gurugram-headquartered renewable energy and decarbonisation solutions platform, on Wednesday, said it has raised Rs 226 crore ($27 million) in long-term debt financing from Tata Capital Ltd. buff.ly/3XuwFSb

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Warburg Pincus has announced the close of its Capital Solutions Founders Fund (WPCS FF), with commitments of over $4 billion, significantly exceeding its initial target of $2 billion. buff.ly/3ATTAxE

SenseCapital, the private equity investment under Chinese artificial intelligence (AI) company SenseTime, has co-led the angel and angel+ rounds of embodied AI firm ENGINEAI Robotics Technology. buff.ly/4gi0IUS

Rainforest Life, an e-commerce brand aggregator from Singapore, has acquired SKYH, a local DTC brand, for $2.4 million, while Smartkarma, a Singaporean investment intelligence platform, has acquired its peer Helixtap. buff.ly/3B2swvX

India’s Premi Invest has invested in Essor, a company formed through a merger of Branded and Heyday, while EQT is reportedly acquiring BPO firm GeBBS. buff.ly/3Zk4xmp

Zalopay, the financial services arm of Vietnam’s tech unicorn VNG, once primarily known as an e-wallet, is transforming itself into an open payment platform. buff.ly/47kVmnt

India’s VentureSoul Partners, founded by former executives at HSBC, on Friday, said it has raised nearly half of its $36 million maiden debt fund in the first close. buff.ly/47cC83z

Singapore-based e-commerce brand aggregator Rainforest Life recorded significant improvements in its bottom line and top line last year. buff.ly/4gcHcsG

Startup incubator and accelerator platform Venture Catalysts, along with early-stage venture capital firm 1Crowd, has co-led a funding round in Nautical Wings Aerospace, per an announcement on Thursday. buff.ly/4g81ROJ

The Ho Chi Minh City Police have initiated an investigation into VNG Corporation, Vietnam’s first tech unicorn, on September 6, the company confirmed in a statement. buff.ly/3AU6knR

India’s Drip Capital, a global cross-border trade finance platform, on Friday, said it has raised $113 million in equity-cum-debt funding. buff.ly/3z9gSPo

Beijing Interstellar Glory Space Technology, also known as iSpace, has secured 700 million yuan ($98.8 million) in Series C and C+ rounds co-led by local investment firm Xin Ding Capital. buff.ly/4dRHGCO