Sohini Podder
Stories by Sohini Podder
China’s Hony Capital-backed SPAC withdraws plans for US IPO
Hony Capital had aimed to raise $300 million for Hony Capital Acquisition Corp.
Chinese businessman files for bankruptcy in US court in Bridgeport
Guo Wengui has been sued for unpaid loans worth $88 million, allegedly borrowed from 2008-2011.
China-focused digital healthcare group ETAO to go public via $2.5b SPAC deal in US
The deal with Mountain Crest Acquisition Corp III will provide the combined company with up to $304 million in gross proceeds.
Andreessen Horowitz raises $9b across three new funds for startup investments
The firm raised $1.5b for a biotech fund, $5b for a growth fund and $2.5b for a venture fund.
CalPERS, Carlyle lead investor group in global push on ESG reporting
The investor group includes CPPIB, Blackstone, EQT, Permira and CVC Capital Partners.
Credit Suisse weighs changes at Asia investment banking unit
Credit Suisse is looking to move its Asian i-banking operations into its global securities and advisory business.
Freshworks raises US IPO price range, targets nearly $10b valuation
The firm expects to raise $969 million at the top end of its new price range of $32 to $34 per share.
Photo and video editing app Picsart turns unicorn after SoftBank-led $130m funding
VC firms GSquared and Tribe Capital took part in the Series C round.
GIC-backed software consultancy firm Thoughtworks files for US IPO
Backed by Germany's Siemens AG, Thoughtworks's other investor includes Abu Dhabi's Mubadala.
Japan’s SoftBank sells 11.4m shares in food delivery firm DoorDash
The share sale comes a week after DoorDash, in its earnings report, predicted a seasonal decline in order rates.
