Analysis
Murmurs within the company suggest yet another round of layoffs may be imminent.
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Navis Capital bets on single-theme continuation vehicles for growth
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Startup funding in Greater China nearly halves in Q1 as Trump 2.0 hits investor confidence
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China’s solar firms rekindle strategy as US prepares tariff tsunami on SE Asia
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Globe says GCash IPO to proceed despite market headwinds
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[Updated] Trihill Capital-backed F&B startup Se'Indonesia raises fresh funding
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[Updated] Trihill Capital-backed F&B startup Se’Indonesia raises fresh funding
Navis Capital Partners closes latest continuation vehicle at $230m
Japan firms to take stakes in Nvidia-powered data centre of Vietnam’s FPT
Payments firm Nium raises $50m from Brunei wealth fund, valuation drops to $1.4b
People
Wilson will be replaced as chair by current Air India Express board member Nipun Aggarwal.
Venture Capital
POSHS Metal Industries has raised $5m from Aavishkaar Capital’s Global Supply Chain Support Fund.
Interviews
The firm, which is seeking around $240 million, aims to hit the final close by the year-end.
The unit has been grappling with elevated bad loans for the last few quarters.
IPOs & Markets
Existing shareholders will offload 11.1 million shares, down from 22 million shares earlier.
Private Equity
The firm raised $550 million for its second fund.
Policy & Regulations
The US plans to push PM Modi’s government for a level playing field on e-commerce.
The latest financing follows a $10m Series B round last year.
Razorpay, Pine Labs, Zepto and InMobi are among startups that have shifted back to India.