Venture Capital
Post-financing, the firm will see its registered capital change to $779m from $630m, per the filing.
Bahrain's Investcorp to buy NSE's IT arm for $120m in India push
Indonesia's Bukalapak hits positive adjusted EBITDA for first time in Q1
Indonesian tech giant GoTo's losses narrow as revenue jumps in Q1 2024
CRRC Times Electric’s semiconductor unit bags over $597m equity funding
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
More Stories
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Editor’s take: The week that was — April 22-27
Private Equity
The deal marks the fourth transaction of Azuremount WH, which has deployed almost $20m so far.
Analysis
Andersen was a key player in the company’s successful challenge in 2020 to the attempt to ban TikTok.
The salary cuts will affect more than 2,000 bankers.
People
Tesla rolled out FSD four years ago but has yet to make it available in China.
Policy & Regulations
The CSRC rules also expanded the scope of the regulation to relatives of its ex-employees.
Deals
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
State capital investors have emerged as a driving force in China’s fledgling secondary market amid a tepid exit landscape.
Wong will serve as an advisor to the board for the remainder of the calendar year.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.