India
Groww plans to raise about $200m in a pre-IPO round.
1
India's Yes Bank expects Japan's SMBC to maintain a minimum 20% stake
2
India's IREDA files second bankruptcy case against Gensol's EV leasing unit
3
Viewpoint: Private assets for retail investors? Democratisation needs careful management
4
ReNew Energy Global to invest $2.57b in solar, wind project in India
5
Chinese condiment maker Foshan Haitian to raise about $1b in HKEX listing: report
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The new valuation marks a threefold increase from its previous valuation in April 2023.
DealStreetAsia reported in March that the Indian logistics firm was in talks to raise funds.
Vietnam
The company now positions itself as an “AI assistant”.
Funds will be used to scale its presence in international markets.
Gensol is selling Scorpius Trackers for Rs 350 crore.
Indonesia
The new allegations claim the founders were responsible for losses at the company amounting to $253m.
The company is in advanced discussions to raise another $25m, ET reported.
A potential deal still has to overcome hurdles like regulatory approvals and antitrust concerns.
While e-rupee transactions had surged initially, they have since declined.
