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Deals

Australia’s Navitas backs revised $1.5b takeover offer from founder, BGH

Vietnam: SEAF Women Fund backs Organica; NMDC to close Masan mine due diligence

Asia-focused infra investor Equis on road to raise $2b fund

India: Promoter Naresh Goyal refuses to cede control of Jet Airways

Private Equity

Bahrain’s Investcorp, Coller Capital float $1b European PE fund

Morgan Stanley taps China’s rich looking to set up family offices in Singapore

Warburg Pincus leads around $100m funding in Vietnamese e-wallet MoMo

CPPIB plays to pip other global investors as it seeks to grow SEA logistics portfolio

Venture Capital

Data startup Rubrik raises $261m from Bain, Lightspeed, gets valued at $3.3b

India: Sequoia, Omidyar back $3.5m funding in news aggregator Dailyhunt

Vynn Capital leads $350k seed round in Malaysian e-procurement platform Dropee

Wavemaker Partners raising $100m third fund, IFC may put in $5m

India: DSG Consumer Partners backs personal care startup Arata Zero Chemicals

India eases process for startups seeking exemption from angel tax notifications

China’s unicorn Luckin Coffee burning millions to overtake Starbucks

Byju’s acquires US-based playful learning system Osmo for $120m

Insignia Ventures commits to invest in Vietnam’s Topica accelerator graduates

Oral care brand Zingo parent raises $350k for rollout across Myanmar

IPOs & Markets

China’s Sinopec said to secure Cabinet nod for retail unit IPO

China’s top movie ticketing app Maoyan seeks up to $345m in Hong Kong IPO

Australian IT firm AltoStratos seeks to raise $18m in ASX listing

India: Adani Transmission plans to raise up to $422m via QIP

Mobile & Telco

Bharti Airtel to give Tanzania bigger stake in Airtel Tanzania

India’s Airtel in talks to buy Telkom Kenya to take on larger rival Safaricom

Vietnam’s Viettel in talks to buy stakes in Malaysian, Indonesian telcos

Malaysia’s edotco acquires over 300 telecom towers in Cambodia

Real Estate

CapitaLand, Ascendas-Singbridge ink $8b deal to create Asia’s largest real estate group

Singapore hotel site attracts bullish bids, Oxley arm offers highest at $415m

Decoding CapitaLand’s $8b purchase of Ascendas-Singbridge

Singapore players ramp up investments, diversify India real estate portfolio

Australia’s DCG partners Mongolia’s MCS to set up real estate listings platform

Flipkart parent invests $201m into Indian wholesale unit

Online travel agent Zuji shuts down operations in Singapore, Hong Kong

What India’s new regulations spell for its $18b e-commerce market

Grab inks JV with China’s ZhongAn to build digital insurance marketplace

Amazon seals partnership to kick off e-commerce ops in Vietnam

Q & A

Expect consolidation in Indonesian O2O space, says Kudo CEO Nugroho

Many niche PE funds will emerge in next few years in India: Amit Mehta, IIFL Asset Management

Southeast Asia to witness more acquihiring: Access Ventures’ Charles Rim

Singapore's Centurion to raise $22m more for global student accommodation fund

Indonesia's Kejora Ventures set to raise next early-stage fund

Opinion

With latest e-commerce tax, Indonesia wants to cash in on its unicorns

For Grab, getting consumer finance act right is key to super-app goals

Guest post: Ant Financial puts $40m in Akulaku

Did Indonesia’s KinerjaPay command a steep valuation in its $200m fundraising?

Listing delays, traditional retail format may be driving Temasek to sell Watsons

People

UAE airline starts legal case against Abraaj founder Naqvi

Saudi Arabia said to hire HSBC banker to lead privatisation process

People Digest: SoftBank Ventures Asia hires Lee as CFO; State Street gets APAC head

Surina Shukri named CEO of Malaysia's MDEC

People Digest: MUFG adds MD; Carlyle announces promotions

HEADLINES