India
Singularity AMC, Rainmatter by Zerodha, and existing investors backed the round.
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Thailand’s KBank exits Vietnamese B2B startup KiotViet
The funding will help the company grow its bioenergy infrastructure portfolio.
Rest of Asia
It has signed deals with tech giants including SK Hynix and Naver.
Vietnam
The group had previously raised a $650-million loan facility in 2023.
For Blackstone, the portfolio marks its first control private equity investment in Japan.
Malaysia
The drug distributor could fetch up to S$390 million as sale process enters advanced stages.
Indonesia
The firm is said to be in advanced talks to raise up to $1.5 billion in fresh equity.
Beacon VC, KBank’s CVC arm, divested its entire 0.671% stake in KiotViet last year.
World
The platform will be established in partnership with I Squared Capital.
Its price tumbled around 15% last week, the most since November 2022, when trading platform FTX imploded
