Private Equity
The PE firm also said SE Asia is at a particularly favourable moment for investment opportunities.
Deals
This week saw a flurry of earnings reports as several major companies announced their latest financial updates.
People
Didi will no longer have the position of president.
Venture Capital
US regulators reconsider capital hike for big banks after CEOs lobby
US, China's TikTok seek fast-track schedule, ruling on potential ban
Musk launches Starlink space satellite services in Indonesia for health sector
More Stories
Editor’s take: The week that was—May 13-18
Singapore’s finance admin startup Osome raises $17m in Series B+ round
ShawKwei & Partners leans on secondaries amid a more favourable environment
Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
Greater China
Funding by Greater China startups hit a two-year high of $20.1 billion in Q1 in a positive sign for the ailing private investment landscape.
Southeast Asia
Southeast Asia's startups saw an uptick in the number of funding rounds recorded in the first quarter of the year, but the total capital raised nosedived to the lowest level seen in over five years.
Singapore
World
Private equity deal activity is expected to pick up due to record-high fundraising.
Rest of Asia
Mubadala Investment Company is the second-biggest state fund in Abu Dhabi.
The fund is anchored by Singapore-based Vertex Holdings.
Golden Gate Ventures partner Michael Lints has relocated to Qatar to oversee this expansion.
Malaysia
Ekuinas said the investment is part of its 100 million ringgit ($21 million) Dana Asas fund.
India
The firm last raised $100m in a Series E funding round led by Tiger Global Management and Vitruvian Partners.
Vietnam
A group of TikTok creators recently filed suit to block the law that could ban the app used by 170 million Americans.
Indonesia
Asked about whether he planned to invest in Indonesia's electric vehicle industry, Musk said he was focused on Starlink first.
Genesis is paying customers back in crypto where possible.
Low-cost EV makers aim to replicate the success achieved in markets from Thailand to Brazil.
Japan brokerage seeks to grow assets under management by $260b.
The growth of IPOs in the region comes as part of broad plans to deepen capital markets, grow the private sector and attract investment.
The required increase could on average be about half as much as originally floated.
Xpeng co-President Brian Gu said he hopes the US can become more open, allowing global products to enter and compete in the market.
The position of the SEBI contrasts with that of the Reserve Bank of India.