Deals
Here are the most significant private equity, venture capital and startup developments from the week that went by.
Porter becomes India's 3rd unicorn of 2024 after fundraise: Report
Indian software firm Zoho plans $700m foray into chipmaking
Chinese retailer JD.com reports Q1 revenue above estimates
India's Mahindra to invest $1.44b in EV unit, SUV sales help beat Q4 profit estimates
India's market regulator open to oversight of crypto trade
More Stories
Indonesian health food maker Lemonilo explores fundraising, may seek buyer
Blackstone teams up with ADIA, GIC for Haldiram Snacks bid: Report
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
Sea’s e-commerce growth rides on ramp-up in live streaming and logistics efforts
Analysis
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
Myanmar
Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.