Singapore
EDBI is now the largest shareholder of Nuevocor.
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Data Vantage: Nuevocor issues preference shares and other updates
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Elliott woos shareholders backing Toyota Industries buyout
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5C Investment teams up with Qatar's wealth fund to expand lending platform
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India aims to raise $19.7b from IPOs of state-run firms by 2030
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Indonesia’s Danantara, UK-based Arm ink semiconductor partnership
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Affirma weighs stake sale in Singapore-based crane supplier Tat Hong
Granite Asia closes $110m AI IPO fund exclusively for DBS clients
Asian LPs eye global mid-market for diversification, differentiated returns: Northleaf
Haveli Investments completes acquisition of Tiger-backed Sirion Labs
Private equity interest in SE Asia’s education market holds firm
Rest of Asia
Proceeds earmarked for digital inclusion social projects in emerging Asia.
India
The capital will be infused into Airtel Money, which received an NBFC licence on Feb 13.
Greater China
The presence of Guotai Haitong as an investor shows AI² Robotics is preparing for an IPO.
MyDesignation has raised nearly $4.4 million in funding.
The fund is the first in a planned series under a three-year partnership between the firms.
It would include up to $130 million from IFC’s own account.
World
A sale follows a competitive round of bidding as demand for aircraft soars.
The likely investment would enable Quadric to scale its business.
The ChatGPT maker is looking to raise up to $100b in the round.