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Analysis

Senior exits at Northstar hint at imminent merger with Ares

A deal maybe sealed as soon as next month, say sources.

Analysis

Hong Kong set to reclaim top IPO spot as mainland China firms drive rebound

Chinese companies are looking to raise funds in HK as Western markets turn less inviting.

Analysis

GreenStreet: The Nuclear Option

This edition looks at how countries in Asia are looking at bridging the rare earth elements gap.

Analysis

Indonesia's Danantara, Russia's RDIF ink $2.3b investment initiative

Private Equity

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India

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

Renewbuy has secured $10m from existing investors Apis Partners and 360 One.

Philippines

Blackstone, TPG emerge frontrunners for Metro Pacific Health

KKR and GIC currently own a combined 80% stake in Metro Pacific Health.

Philippines

Indonesia's Pertamina acquires 20% stake in PH's Citicore Renewable

The deal is Pertamina's first investment in the Philippine renewable energy sector.

World

Actis sees rise in infra secondaries as assets mature in EMs

Actis has deployed over half of its $1.7b second long-life fund.

India

Ex-NIIF exec Paddy Sinha’s LaunchBay targets India’s mid-market PE gap

LaunchBay is currently raising $300-400m for its debut fund.

Indonesia

Indonesia's Danantara, INA to invest $800m in Chandra Asri project

The investment aligns with the country’s push for industrial downstreaming and self-sufficiency.

World

KKR to acquire Australian independent power producer Zenith Energy

KKR will buy the firm from a consortium that includes Pacific Equity Partners.

Venture Capital

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India

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

Renewbuy has secured $10m from existing investors Apis Partners and 360 One.

India

India Digest: Mahaveer Finance snags funds; Kuku FM nears fundraise

Kuku FM is reportedly in talks to raise a $70-million round led by Granite Asia.

Singapore

Malaysian fintech startup Instapay raises $3m and other SE Asia deals

Instapay’s latest funding round was anchored by a group of US-based family offices.

Greater China

Chinese microdisplay maker BCDtek raises $83.5m funding in AI, AR push

Domestic equity investment firms CDF Capital and Anshu Capital jointly led the deal.

India

India: Physis Capital raises $23m for its maiden fund

The sector-agnostic fund is looking to build a portfolio of 15-20 startups by next year.

New Research Reports

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SE Asia Tech M&A Review 2025

The number of tech M&As in SE Asia fell for a second straight year in 2024.

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SE Asia Tech M&A Review 2025

The number of tech M&As in SE Asia fell for a second straight year in 2024.

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The State of Deep Tech in SE Asia 2025

Capital raised by deep tech startups fell 34% YoY in 2024, but their share of overall funding rose.

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India Deal Review: Q1 2025

Sequentially, startup fundraising increased only marginally in Q1, even as deal volume was up 12.3%.

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Greater China Deal Review: Q1 2025

The deal value plunged 49% to $9.6 billion from the previous quarter.

View Report Read Summary

DATA VANTAGE Newsletters

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Indonesia

Data Vantage: DEG invests $9.5m in Indonesia’s Waresix and other updates

Waresix is also backed by SoftBank, Temasek, and Tiger Global, among others.

Indonesia

Data Vantage: NewCampus, Believe, and Green Rebel in focus

NewCampus secured $3.3m in capital by allotting shares to a mix of institutional and individual investors.

Indonesia

Data Vantage: GUUD, PEXX, OnlinePajak in focus and other updates

OnlinePajak has issued $5m in new preference shares to Kratos Technology.

Singapore

Data Vantage: CloudSEK, Arival Bank in focus and other updates

CloudSEK has raised $11.2m through the issuance of new preference shares as part of its ongoing Series B1 round.

Deals

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China's Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault

Greater China

14h ago

China's Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault

India

Japan's Enrission backs Pico Xpress and other India deals

India

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

India

Diageo India buys maker of 'Greater Than', 'Hapusa' gins

Indonesia

Indonesia's Danantara, Russia's RDIF ink $2.3b investment initiative

Beyond The Buyout Newsletters

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India

Beyond The Buyout: Co-investments as core strategy for SE Asia’s new SWFs

With the SWFs, Indonesia and the Philippines are creating a more structured landing pad for global capital.

Singapore

Beyond the Buyout: US-China tariff tension eases but investors hold steady

Investors refrain from making changes to their strategies in the absence of a lasting deal.

India

Beyond the Buyout: India’s investment outlook faces a geopolitical test

How businesses navigate this period will reveal much about their risk appetite.

GreenStreet Newsletters

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Singapore

GreenStreet: The Nuclear Option

This edition looks at how countries in Asia are looking at bridging the rare earth elements gap.

Singapore

GreenStreet: Minding the decarbonisation gaps

In this edition, we look at how much impact investing has delivered.

Singapore

GreenStreet: Financing the Energy Transition

This edition looks at the rise of private credit in financing climate action.

Climate & Impact

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Singapore

SUSI Partners sees energy storage, services as next phase of growth in Asia

Singapore

Singapore launches ESG data platform to help smaller businesses

Rest of Asia

PIDG backs Greenpower SL in first Sri Lanka investment to expand rooftop solar

India

Novo Holdings eyes opportunities in food, agri and climate tech sectors in India, Indonesia

India

ReNew Energy Global to invest $2.57b in solar, wind project in India

Analysis

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Indonesia

Senior exits at Northstar hint at imminent merger with Ares

A deal maybe sealed as soon as next month, say sources.

World

SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report

SoftBank has spoken with officials to discuss tax breaks for companies investing in the hub.

India

Global trading giants step up presence in India's derivatives markets

India accounted for nearly 60% of global equity derivative trading volumes in April.

The LP View

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Singapore

Pricing aligns and buyouts gain traction in Southeast Asia PE: Hamilton Lane

Singapore

APAC LPs see room for emerging GPs despite growing consolidation

Singapore

Schroders spots big promise in Asia’s underserved lower, mid-market segments

Singapore

Continuation vehicles are now key to raising capital, not just exits: TPG NewQuest

Rest of Asia

Too much capital but too few quality GPs in Japan: MCP Asset Management

Earnings & Results

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World

OpenAI's annualised revenue hits $10b, up from $5.5b in Dec 2024

OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.

Vietnam

EV maker VinFast's Q1 loss widens on higher spending as deliveries rise

Deliveries leapt nearly 300% in Q1, mainly driven by sales in Vietnam, its biggest market.

Greater China

Chinese ride-hailing company Didi Global reports 8.5% revenue rise in Q1

Didi generates most of its revenue at home but also has a significant presence in Brazil and Mexico.

Greater China

Xiaomi chief Lei Jun expects EV business to turn profitable in H2

Loss from smart EV, AI and other new projects amounted to $69.5m in Q1 2025.

India

Indian two-wheeler maker Ola Electric's losses double in Q4

Ola has struggled with slowing sales, regulatory pressure and competition since going public.

People

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Indonesia

Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara

Michelle Irawan, VP at Northstar Ventures, is also exiting the firm.

Greater China

HSBC names Asia veteran Christopher Chua global M&A head

He will lead the M&A business in Asia and the Middle East.

Indonesia

GoTo appoints Catherine Sutjahyo as deputy CEO in top-deck reshuffle

The company also announced the appointment of five new directors.

Interviews

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Philippines

Inside Maharlika’s playbook to launch a suite of sector-specific funds

India

Ex-NIIF exec Paddy Sinha’s LaunchBay targets India’s mid-market PE gap

Philippines

PH fintech Salmon raises $88m, partly via Nordic bond facility

India

Continuation funds in India are a natural progression: Multiples PE

Indonesia

Senior exits at Northstar hint at imminent merger with Ares

Hong Kong set to reclaim top IPO spot as mainland China firms drive rebound

GreenStreet: The Nuclear Option

Beyond The Buyout: Co-investments as core strategy for SE Asia’s new SWFs

Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara

Blackstone, TPG emerge frontrunners for Metro Pacific Health

Inside Maharlika’s playbook to launch a suite of sector-specific funds

Indonesia's Danantara, Russia's RDIF ink $2.3b investment initiative

Partner Content

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Private Equity

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

Blackstone, TPG emerge frontrunners for Metro Pacific Health

Indonesia's Pertamina acquires 20% stake in PH's Citicore Renewable

Actis sees rise in infra secondaries as assets mature in EMs

Ex-NIIF exec Paddy Sinha’s LaunchBay targets India’s mid-market PE gap

Indonesia's Danantara, INA to invest $800m in Chandra Asri project

KKR to acquire Australian independent power producer Zenith Energy

Venture Capital

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

India Digest: Mahaveer Finance snags funds; Kuku FM nears fundraise

Malaysian fintech startup Instapay raises $3m and other SE Asia deals

Chinese microdisplay maker BCDtek raises $83.5m funding in AI, AR push

India: Physis Capital raises $23m for its maiden fund

New Research Reports

SE Asia Tech M&A Review 2025

SE Asia Tech M&A Review 2025

The State of Deep Tech in SE Asia 2025

India Deal Review: Q1 2025

Greater China Deal Review: Q1 2025

DATA VANTAGE Newsletters

Data Vantage: DEG invests $9.5m in Indonesia’s Waresix and other updates

Data Vantage: NewCampus, Believe, and Green Rebel in focus

Data Vantage: GUUD, PEXX, OnlinePajak in focus and other updates

Data Vantage: CloudSEK, Arival Bank in focus and other updates

Deals

China's Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault

Japan's Enrission backs Pico Xpress and other India deals

India Digest: Renewbuy raises funds; Partners Group to buy Infinity Fincorp; Reliance, Havells circle Whirlpool stake

Diageo India buys maker of 'Greater Than', 'Hapusa' gins

Indonesia's Danantara, Russia's RDIF ink $2.3b investment initiative

Beyond The Buyout Newsletters

Beyond The Buyout: Co-investments as core strategy for SE Asia’s new SWFs

Beyond the Buyout: US-China tariff tension eases but investors hold steady

Beyond the Buyout: India’s investment outlook faces a geopolitical test

Subscribe to our newsletters

GreenStreet Newsletters

GreenStreet: The Nuclear Option

GreenStreet: Minding the decarbonisation gaps

GreenStreet: Financing the Energy Transition

Climate & Impact

SUSI Partners sees energy storage, services as next phase of growth in Asia

Singapore launches ESG data platform to help smaller businesses

PIDG backs Greenpower SL in first Sri Lanka investment to expand rooftop solar

Novo Holdings eyes opportunities in food, agri and climate tech sectors in India, Indonesia

ReNew Energy Global to invest $2.57b in solar, wind project in India

Analysis

Senior exits at Northstar hint at imminent merger with Ares

SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report

Global trading giants step up presence in India's derivatives markets

The LP View

Pricing aligns and buyouts gain traction in Southeast Asia PE: Hamilton Lane

APAC LPs see room for emerging GPs despite growing consolidation

Schroders spots big promise in Asia’s underserved lower, mid-market segments

Continuation vehicles are now key to raising capital, not just exits: TPG NewQuest

Too much capital but too few quality GPs in Japan: MCP Asset Management

Earnings & Results

OpenAI's annualised revenue hits $10b, up from $5.5b in Dec 2024

EV maker VinFast's Q1 loss widens on higher spending as deliveries rise

Chinese ride-hailing company Didi Global reports 8.5% revenue rise in Q1

Xiaomi chief Lei Jun expects EV business to turn profitable in H2

Indian two-wheeler maker Ola Electric's losses double in Q4

People

Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara

HSBC names Asia veteran Christopher Chua global M&A head

GoTo appoints Catherine Sutjahyo as deputy CEO in top-deck reshuffle

Interviews

Inside Maharlika’s playbook to launch a suite of sector-specific funds

Ex-NIIF exec Paddy Sinha’s LaunchBay targets India’s mid-market PE gap

PH fintech Salmon raises $88m, partly via Nordic bond facility