Deals
The fundraise was led by South Korea-based Impact Square and Switzerland-based Foundation Botnar.
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Kotak Mahindra Bank denies it has submitted bid for IDBI Bank
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Japanese brewer Kirin to sell Four Roses to Gallo for $775m
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China steps up crypto crackdown, bans offshore issuance of yuan-pegged stablecoins
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Editor’s Take: The Week That Was—Feb 2-7
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Ant International deepens push into SE Asia’s payment infrastructure stack
More Stories
TPG’s debut mid-cap PE fund for Asia garners $742m so far
KKR charts fresh path in secondaries with Arctos buy, diverging from EQT
Ares secures $600m for its Asia funds in Dec quarter
The fund has an initial target size of approximately $90 million.
The transaction includes a $30m senior facility and a syndication of up to $20m.
Private Equity
Favourable demographic tailwinds and rising PE interest across the region spur dealmaking.
Earnings and Results
Net profit after tax reached about $423 million.
Net revenue also surged 34%.
VinFast Indonesia signs pact with Subang Regency Government and a key infrastructure partner.
Analysis
Grab extended its regional market share from 53.8% in 2024 to 55% in 2025.
Panthera Global’s seed funding was led by T-Accelerate Capital.
Under the agreement, Kim Long Motor will fund the construction of the facility.