Deals
The new funds will help Ultraviolette scale production of its two current models.
1
Temasek-backed Fullerton scales back China private fund operations
2
Baidu's Kunlunxin eyes Hong Kong IPO after $283m fundraising
3
Climate tech funding rises in Vietnam but structural challenges remain
4
Zoho, Lingotto pump $45m into Indian electric bike company Ultraviolette
5
Shares of 'China's Nvidia' Moore Threads soar in debut after $1.1b IPO
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PH e-commerce enabler Etaily bags funding from Japan’s SMBC fund
Analysis
Global managers are launching dedicated funds to tap into India’s growth story.
The transaction will see EQT become the majority investor in PropertyMe.
Venture Capital
The firm said most of the LPs in Nexus VIII are returning investors from its earlier funds.
Private Credit
The fund will invest in performing and cash-flowing Indian companies.
IPOs & Markets
The REIT is set to raise 35 billion rupees.
Daiwa Securities will nominate a director to Ambit Wealth’s board.
HeyMax issued new shares worth $6.7 million last week.
Furlenco will use the funds to deepen presence in existing cities and expand into new markets.
The company is seeking a valuation of up to $5.6b.
