Analysis
Catch all the highlights of the week, from startup fundings to Grab-GoTo merger talks and more.
1
12 Flags Group, Enzia lead $5m funding in Codeyoung and other India deals
2
Editor's take: The week that was—Nov 10-15
3
Investors pull back from Vietnam’s pureplay digital healthcare sector
4
IFC weighs up to $40m investment in Sri Lanka's CBL Investments
5
Walmart CEO McMillon to retire after a decade, insider Furner named chief
More Stories
Grab president downplays possibility of merger with GoTo
SE Asia Deal Review: After Sept spike, startup funding cools in Oct
Danantara in the spotlight as GoTo-Grab merger talks resurface
SoftBank, Peak XV, others seek removal of GoTo CEO Walujo: Report
Bar for a deal would be “very high”, said Alex Hungate at Vietnam business summit.
Deals
The partners commenced Punggol’s first AV testing in mid-October 2025.
This edition also examines PE exits in Asia that are showing signs of recovery in 2025.
There were no megadeals in the month.
Earnings and Results
Net loss narrowed 21.7% YoY to S$22.9m, while revenue grew 14.9% to S$1.2b.
Venture Capital
This is the CVC’s first office in Asia.
Podium has secured a six-figure first investment led by Accelerating Asia.
The deal will allow DBS PayLah! users to make QR code payments in more than 100 markets via Ant’s Alipay+.
Private Wealth
It is led by Pantheon managing director and head of International Private Wealth Victor Mayer.