India
This follows SAIC’s struggles to bring in equity and expand operations due to India’s investment curbs.
1
Hong Kong weighs tax cuts on 'carried interest' of fund managers
2
China's SAIC to sell another 10% stake in Indian JV to local partner JSW
3
Peak XV-backed C2i Semiconductors secures funding in extended Series A round
4
Consumer 3D printing firm Creality raises $162m in HK IPO
5
SG Enviro closes Series A to scale into new growth sectors
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The startup raised $15m in the first tranche of its Series A round led by Peak XV in Feb.
Greater China
The deal also includes a $650 million upfront payment to Innovent.
Singapore
The licence allows it to offer payment and money transfer services in Singapore.
It has raised more than $1.4m from a mix of new and existing shareholders.
Singapore remains a core market even after the sale.
The investment will be through 10-year rupee-denominated non-convertible debentures.
World
Anthropic has just raised $65 billion at a $965-billion post-money valuation.
The Shanghai Futures Exchange is in the early stages of designing futures contracts for so-called AI tokens.
Rest of Asia
The move comes two years after JIC took the firm private in a $6 billion deal.
