IPOs & Markets
The company will launch the IPO for retail investors on February 9.
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DBJ, SSIAM jointly launch Japan Vietnam Capital Fund
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India's Fractal Analytics slashes IPO size by over 40% to $314m
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HSG forms entities in China, SG to hold newly acquired Avelox antibiotics business
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Profitability, not pace, defines Indonesia’s corporate playbook
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Indian electric mobility platform Drivn raises $80m from Japan’s Nomura
More Stories
India’s Union Budget focuses on growth amid global uncertainty
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IFC mulls $35m investment in KV Asia Capital’s latest PE fund
KKR-led group nears deal to buy Singapore data centre firm valued at over $10b
Asia needs sustained stock rally to woo private equity: LGT Capital Partners
Deals
The funding, said Drivn, will help it deploy about 1,000 electric buses and trucks by Q4 FY2.
Opinion
The budget improves the underlying conditions that allow healthcare businesses to be built, scaled, and financed.
The funding is being routed through Indriya Limited, one of Advent’s entities.
ADB and other development finance institutions are also participating in the broader financing.
Private Credit
The proceeds will be utilised to expand the company’s portfolio towards affordable housing.
Vivriti Fixed Income Fund Series 3 IFSC has a term of 10 years.
Earnings and Results
PB Fintech said it would consider raising funds through a QIP.
This marks the VC firm’s first investment in aerospace components manufacturing in the country.
Policy & Regulations
The move will allow Indian tourists to use UPI with merchants in foreign countries who have signed up with Alipay+.
