Deals
A non-binding agreement may be reached in the coming months.
India's FirstCry set to withdraw $500m IPO papers after regulatory scrutiny
Swiggy backer Norwest Venture Partners raises $3b for latest global fund
Schroders Capital's $12.3b renewables arm to make next move in Asia
Asia Digest: ShopBack expands to NZ; Airwallex enters the US
Indian food delivery firm Swiggy gets shareholder nod to raise $1.25b in IPO
More Stories
India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
(Updated) Zilingo’s Ankiti Bose files criminal complaint against two co-founders: Report
Anaemic Q1 fundraising casts pall over Southeast Asia’s startup landscape
Analysis
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
People
Fernandes said the company’s board requested him to stay on.
The bank reportedly plans to launch a debit card by the end of this year.
Policy & Regulations
The Hive Climate Al and China Galaxy Securities, meanwhile, are set to launch their funds in the country.
Rahman will join Malaysia’s largest asset manager PNB as new president and group CEO from July 1.
GIP couldn’t reach an agreement on a price for the Malaysian port operator.
A quick recap of all that happened in the PE-VC world in the week gone by.
Former Intel engineers attempt to push Penang to higher end of value chain.
Here are the most significant private equity, venture capital and startup developments from the week that went by.