India
The pre-Series A funding round was led by Motion Ventures and July Ventures.
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
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Shanghai presses ahead into secondary market with new 10b yuan fund
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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
After blistering growth, Indonesia’s data centre firms shift focus to stability, margins
Vietnam-based Masan’s FMCG unit weighs IPO among fundraising options
Advent will merge online pharmacy unit ‘Apollo 24/7’ with pharmacy distributor Keimed.
The round in Lyskraft has been led by Peak XV Partners.
Apollo 24/7 is part of Apollo HealthCo, a subsidiary of Apollo Hospitals.
Vietnam
FPT plans to use Nvidia’s support to boost AI research in Vietnam.
Rest of Asia
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Greater China
Lotte halted some seven years ago the so-called Lotte Town project to build a shopping mall, hotel and theme park.
Indonesia
A non-binding agreement may be reached in the coming months.
Vietnam-based edtech startup Prep has closed a Series A round.
Dutch development bank FMO has also proposed to invest $75 million in the NBFC.