IPOs & Markets
Stocks in Indonesia have lost about $120 billion in market value since MSCI’s warning.
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Indonesian state-owned fund willing to step up investment on new freefloat norms
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Indian eyewear retailer Lenskart's quarterly profit surges 7x
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India: Fractal Analytics's $314m IPO fully sold on final day of bidding
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Living Lab Ventures charts long-term plan to turn BSD City into healthcare hub
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US men’s lifestyle brand Playboy to sell 50% of its China business to UTG
More Stories
EQT plans to launch fundraise for new Asia mid-market fund
OJK takes action against brokerage UOB Kay Hian amid wider market probe
AIIB commits $125m to Keppel’s third private credit fund
LeapFrog, Navegar pick significant minority stake in Philippine hospital
Malaysia’s ServAuto raises new funding round led by Vynn Capital
Earnings and Results
Its revenue rose 38.8% to Rs 23.08 billion, outweighing total expenses which rose 28% to Rs 16.9 billion.
It is seeking a valuation of up to $1.59 billion at the upper-end of the band.
Analysis
To support the vision, Living Lab Ventures has launched a dedicated healthcare fund.
Deals
The consumer brands operator will pay $122m to Playboy for the stake.
India
The company serves customers across over 19,000 pin codes in India.
Zephyr Peacock, Jungle Ventures, Accion Ventures and NBD Ventures also joined the round.
The fresh capital will be used to expand clinics and services, and grow the veterinary ecosystem.
Greater China
ByteDance aims to receive sample chips by end-March.
Philippines
It has completed cross-border loan facilities to Billease, Country Funders & First Circle.
