Deals
The company’s losses more than halved to $0.3 million in FY2025 from $1.8 million in FY2024.
1
Indonesia prosecutors seek 18-year jail term for ex-minister Nadiem Makarim
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Indonesia’s INA taps banking veterans for CEO, leadership roles
3
Tencent misses profit forecasts on rising AI investments
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Alibaba reports profit squeeze amid AI, quick commerce push
5
Blackstone shelves $4b New World deal
More Stories
Beauty retailer Konvy bags $22m in Series B led by Cool Japan Fund
Hillhouse-backed Ascentium scales to $250m revenue after 13 acquisitions
CVC set to become significant investor in Indo retailer MAPI
VinFast to transfer EV manufacturing business in $530m transaction
LP-GP sentiment mismatch resurfaces in current cycle: Mekong Capital
Analysis
The new airline could be announced within the next couple of months.
For Avisena, bringing in a PE partner could support its next phase of expansion.
GoTo’s profit milestone, eFishery founder’s sentencing, and more in this week’s edition.
It doubles its existing business in the country.
Climate Tech & ESG
The Green Climate Fund has approved a $60m commitment to the vehicle.
Earnings and Results
The banking group said its strategy focused on product-market fit and regional expansion.
inDrive New Ventures has injected $4.4m into Singapore-based restaurant-tech startup Tablevibe.
The startup also operates in Indonesia following regulatory approval last year.
Policy & Regulations
Goldman helped 1MDB sell $6.5b of bonds, and collected an estimated $600m of fees.
