Private Equity
Launched late last year, the fund garnered capital commitments of over $39m in the first close.
Chinese subsea cable firm Hengtong Submarine snaps $145m in strategic round
Amazon to spend nearly $9b over four years to expand cloud infra in Singapore
Philippines' PLDT looks to sell up to 49% of data centre business to Japan's NTT
Princeton Digital secures $280m green loan to finance Malaysian data centre campus
Korea's Hanwha Life to buy 40% stake in Lippo Group-backed Bank Nobu
More Stories
Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian conglomerate Astra eyes aggressive EV push in next two years
EQT to acquire digital consultancy firm Perficient for about $3b
Fintech deals surge in Q1 but concerns persist over long-term momentum
PE investments in India touched a six-year low at $24b in the financial year ended March 2024.
Analysis
Banks have stopped lending to IIFL Finance’s gold and other businesses.
NephroPlus operates dialysis centres mainly in India, the Philippines and Uzbekistan.
Deals
The transaction could be valued at as much as $1b, Bloomberg reported.
Another investor from Singapore is also in the fray to back the startup’s over $60m round.
Nearly 44 of the 183 companies that listed since 2021 are trading below their offer price.
The larger National Stock Exchange of India and its older rival BSE are wrestling for dominance in derivatives.
Policy & Regulations
The notice includes the flagship Adani Enterprises.
The number of late-stage venture debt deals declined to just five in 2023 from 16 in 2022 and 24 in 2021.