Analysis
Oversight of crypto is being transferred to the OJK from Bappebti.
State capital investors have emerged as a driving force in China’s fledgling secondary market amid a tepid exit landscape.
Tech is still one of the least active sectors in Vietnam in terms of M&A transactions, per a report.
Earnings and Results
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
More Stories
Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Singapore’s Keppel set to raise over $2.7b across three funds this year
Schroders Capital’s $12.3b renewables arm to make next move in Asia
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.
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.
India
Fundraising by Indian startups fell 11% sequentially to $2.6 billion in Q1.
World
L Catterton has already invested in more than 30 beauty brands.
Schroders Greencoat is looking at opportunities beyond North America and Europe.
Singapore
The BlackRock-Temasek JV fund had set a target of $1 billion.
The firm has 23 active investments in its India portfolio
ShopBack is launching a mobile app and website tailored for New Zealand.
Flashaid has raised $2.5m in its pre-Series A funding round, while Boba Bhai has raised about $1.5m in seed funding.
Ola is exiting the UK, Australia, and New Zealand.
Greater China
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.
Indonesia
Apple has been slower in rolling out generative AI than rivals Microsoft and Google.
FirstCry is said to withdraw its IPO papers, make changes and refile them as early as next week,
Vietnam
Rest of Asia
Malaysia
Expedited passes for VCs and unicorns, were among the announcements.
The social media company expects to win a legal challenge to block the ban.
Binance agreed to a $4.32-billion criminal penalty.
Wong will serve as an advisor to the board for the remainder of the calendar year.