Greater China
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Editor's take: The week that was — April 22-27
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
Alphabet, Microsoft earnings show hefty AI bets are driving growth
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GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
PE firm L Catterton buys into Italy’s affordable cosmetics brand KIKO in $1.5b deal
As new regulations take shape, will Indonesian investors’ interest in crypto hold?
Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Tech exits in Vietnam to improve amid increased M&A appetite, finds report
India
The pre-Series A funding round was led by Motion Ventures and July Ventures.
Advent will merge online pharmacy unit ‘Apollo 24/7’ with pharmacy distributor Keimed.
The round in Lyskraft has been led by Peak XV Partners.
Apollo 24/7 is part of Apollo HealthCo, a subsidiary of Apollo Hospitals.
Vietnam
FPT plans to use Nvidia’s support to boost AI research in Vietnam.
Rest of Asia
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Lotte halted some seven years ago the so-called Lotte Town project to build a shopping mall, hotel and theme park.
Indonesia
A non-binding agreement may be reached in the coming months.
Vietnam-based edtech startup Prep has closed a Series A round.