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Deals

Australia’s PEP-backed IntelliHUB buys Mercury NZ’s metering unit for $194m

Shell acquires 49% stake in Singapore-headquartered Cleantech Solar

Japan’s ITOCHU, Kyocera lead $24.8m round for US company 24M

India Dealbook: Fino Paytech invests in CityCash; Venture Catalysts backs Superbottoms

Private Equity

Carlyle seeks to double its holding in PNB Housing Finance

CVC Capital said to explore sale for Asian funeral group Nirvana

Khazanah-backed AR startup Blippar slips into administration, to halt services

Bain Capital said to have closed fourth Asia fund at $4.65b

Venture Capital

Accel, Jungle lead $23m funding for B2B commerce startup Moglix

Swiss impact investor BlueOrchard invests $7.8m in India’s Jagaran Microfin

China Digest: Tencent backs Versa; Shanghai Cell Therapy secures $136m Series C

Indian micro-delivery startup Milkbasket raises $7m funding led by Mayfield

500 Startups Vietnam, GS Shop launch accelerator programme

India Dealbook: MobiKwik, DataTrained, ImpactGuru, Generico, Oliva, Flip Flop Hub raise funds

Indonesia Digest: Paytren backs Polish football club; SunFish Go nabs $2.5m

Hong Kong-based renovation platform HKDecoman raises funding

Funding in India’s deep tech startups rises to record $248m

Indonesian P2P lender Akseleran eyes $7.5m Series A funding round

IPOs & Markets

SoftBank telecom unit’s shares fall below IPO price in Tokyo debut

Japan’s Coincheck said to win regulatory nod for crypto exchange operations

Tencent-backed brokerage Futu files for US IPO, raising up to $500m

Chinese telecom software firm AsiaInfo Tech raises $111m in Hong Kong IPO

Mobile & Telco

Kazakhtelecom to buy 75% stake in Kcell from Telia, Turkcell

Bharti Airtel appoints eight bankers for Africa operations planned IPO

Xiaomi doubles down on smartphone business with Meitu deal

China Telecom, local tycoon join hands to bid for Philippine telco licence

Real Estate

Realty investor ACRE, NOON Capital to co-invest $150m in Thai realty projects

WeWork experiences pushback from landlords, real estate rivals

Singapore’s GIC to acquire two blocks in S Korean logistics complex for $570m

Brookfield close to acquiring India’s Leela hotels for $627m

Go-Jek’s SEA expansion had no impact on our numbers, says Grab exec

PolicyBazaar unit DocPrime sets aside $15m to invest in preventive healthcare

India: Online pharmacy startups see funding frenzy, ripe for consolidation

Meituan Dianping to partner Luckin Coffee for delivery services in China: Report

Cash-strapped Ofo faces irate customers demanding refunds

APAC Digest: NZ-based LearnCoach gets $1.5m; Myanmar’s Greenovator bags grant

Q & A

Valuation jump in last 13-16 months proportionate to business growth: Byju's founder

Emerging markets will become more important for CPPIB, says CEO Mark Machin

Want to bring an institutional approach to investing in Pakistan, says Sarmayacar CEO

GLP can build up to $30b business in India, says CEO Ming Mei

Flipkart CEO Kalyan Krishnamurthy on road ahead for Jabong, Myntra

Opinion

China’s $856b startup juggernaut causes headache

India: How Hindustan Unilever clinched GSK Consumer Healthcare deal

Grab should rework strategies to keep the market in balance

Indonesia Crunch | Law as a weapon

Wall Street needs to draw caution, especially concerning China

People

Malaysia charges another former Goldman Sachs banker over 1MDB

Binny Bansal seeks $100m cash payout from Walmart after Flipkart exit

Deutsche Bank sees investment banker exodus in Asia amid cuts

After Sachin, Binny Bansal said to eye comeback as entrepreneur after Flipkart exit

India: MobiKwik names Sushant Kashyap business head for payment gateway

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