India
The company plans to enter the US in July, followed by Canada, Australia, and Singapore by year-end.
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Greater China
The round was led by Value Partners Group.
Indonesia
Despite the sharp rise in sales and revenue, VinFast’s losses continue to deepen.
Within deeptech in China, AI is unquestionably the fastest-growing sector this year.
The Series F round values the Bengaluru-based company at $7b.
The deal is expected to close within three months.
But not all will succeed as the changing market landscape will weed out slow runners.
Vietnam
Of this, approximately $60 million will be allocated to expanding the campus.
The surge was largely driven by SMBC’s $1.6b acquisition of a 20% stake in YES Bank.
Investors are eyeing emerging specialties such as dental care, nephrology, and skin and hair clinics.
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