Rest of Asia
Kyodo had reported that SoftBank was in talks to buy shares of LY Corp after guidance from Japan’s government.
PayU leads $5m funding in BRISKPE and India deals worth $93m
Indonesian media firm DailySocial lays off entire workforce amid "transition"
IFC mulls $60m investment in Indian shadow lender Five Star
Thai food major Betagro launches $30m corporate venture capital fund
Australia's Perpetual in talks with KKR for sale of corporate trust & wealth management unit
More Stories
GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Editor’s take: The week that was — April 22-27
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Philippines
First Circle provides loans for SMEs.
Greater China
Local governments already owe more than $9 trillion in offshore debt.
World
Over the past year, Affirm has more than doubled the elective medical merchants on its network.
Lu will be responsible for the overall management of the company.
Many Chinese funds want to get exposure to European and US investors and also need to build offshore structures.
India
The financing also saw participation from BII, Aavishkaar Capital, and Amicus Capital.
Mixi and Gemba Capital also participated in LightFury’s funding round.
Fairfax India had said it would provide up to $200m in liquidity to support the lender.
The firm posted a 36% jump in profit.