India
GIC had also led CRED’s funding round in 2022.
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China Digest: Chinese investors back US-based Flexiv; Saudia Cargo, TAM Group form JV in HK
2
Prosus delays Indian payments firm PayU IPO
3
Walmart's PhonePe looks to raise $1.5b from India IPO: Report
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China’s United Imaging Intelligence snaps over $139m in Series A round
5
Oman Investment Authority adds 13 new funds to PE portfolio
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Rapido, in which Swiggy is an investor, was valued at $1.1b in its 2024 round.
Groww is reportedly looking to raise between $700 million and $1 billion via the IPO.
Groww plans to raise about $200m in a pre-IPO round.
The new valuation marks a threefold increase from its previous valuation in April 2023.
DealStreetAsia reported in March that the Indian logistics firm was in talks to raise funds.
Vietnam
The company now positions itself as an “AI assistant”.
Funds will be used to scale its presence in international markets.
Gensol is selling Scorpius Trackers for Rs 350 crore.
Indonesia
The new allegations claim the founders were responsible for losses at the company amounting to $253m.
