Greater China
Alibaba’s arm will sell 2% of YTO’s total stock via block trades over next three months.
1
Aramco's Prosperity7 leads $73m financing in China's Spirit AI
2
Temasek takes a bite out of Haldiram's, leaving behind rival suitors
3
India Digest: PhysicsWallah eyes Drishti IAS; JungleWorks buys Outplay
4
GIC, Temasek to buy "significant stake" in TPG-owned Novotech
5
Deal-by-deal gains favour as LPs seek more control amid market volatility
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Homebase founder launches HR tech platform amid Vietnam’s weak realty market
Beyond The Buyout: Domino’s done but other deals stuck in SE Asia
Indonesia’s biggest state-owned banks undergo leadership shakeups
EQT closes its flagship infrastructure fund VI at $23.3b
Rest of Asia
Choco Up plans to power asset-light businesses across APAC where it sees a $2t funding gap.
India
The company has also named Sindhu as its brand ambassador.
The Whole Truth has raised $15 million in its Series C funding round led by Sofina.
The company is in advanced discussions to raise another $25m, ET reported.
Promising startups such as Telio, Ula, and Lummo bite the dust.
Malaysia
The CARSOME Group will hold a 51% stake in CARSOME Capital.
Indonesia
The investors are likely to recover only about a third of their original investments.
Eternal would comprise Zomato (food delivery), Blinkit (quick-commerce), District (live events) and Hyperpure (kitchen supplies).
Consolidated loss widened 39% to $91m in the Dec quarter.
