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Mynavi Corp acquires majority stake in Awign, leading to exit of early backers. Awign aims for long-term growth, focusing on scaling operations, expanding globally, and enhancing digital infrastructure with the partnership.
Altum Credo, a tech-driven affordable housing finance company, has successfully raised over $40 million in its Series C equity round. Investors including Z3Partners and OIkocredit led the round, with participation from British International Investment and existing investors like Aavishkaar Capital and Amicus Capital.
The financing also saw participation from BII, Aavishkaar Capital, and Amicus Capital.
Altum Credo: Z3Partners and Oikocredit led the round with participation from British International Investment and existing investors Aavishkaar Capital, Amicus Capital and PS Pai & family.
Here is a weekly recap of all the significant developments involving private equity and venture capital firms and startups in Asia.