Venture Capital
The round, led by Hashed, was joined by Mirae Asset Venture Investment and Global Brain.
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India's IndusInd Bank names Santosh Kumar deputy CFO
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India's Adani Ports buys Australian terminal Abbot Point in $2.5b deal
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China bans the terms 'smart' and 'autonomous driving' from vehicle ads
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VietJet owes investment fund over $180m, rules London's High Court
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Blackstone raises over $4.4b in first close of new Asia fund
More Stories
SG lands first digital bank-fintech deal but Validus CEO doubts a buyout boom is coming
Indonesian conglomerates said to be backing new PE fund
EQT’s Asia flagship fund nears first close with over $10b in kitty
Funding crunch deepens as SE Asia VC activity hits multi-year lows in Q1 2025
Hong Kong’s NUO Capital to acquire Italian coffee pot maker Bialetti
IPOs & Markets
The listing is set to be the largest since LG Energy Solution’s IPO in Jan 2022.
Deals
SC Capital plans to rebrand the asset under the Oriental Express brand.
Analysis
Tesla has not been able to tap Saudi partly due to a feud between Musk and PIF.
The merger was backed by a $110m funding round led by Sanabil Investments.
Foxconn is set to introduce an electric bus and a battery-powered microbus in Japan in 2027.
Private Equity
KWAP is seeking diversification and cross-border investment growth.
EQT will retain a minority stake in Five Good Friends.
Three firms – Asahi, Suntory and Nissin – have deferred their issues.
The offering is set to open for public subscription on June 10.
