World
Hiring an investment team is its immediate priority.
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Editor’s Take: The Week That Was—Oct 12-17
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Tiger-backed Moglix's loss widens in FY26 despite higher revenue
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SoftBank weighs $18b acquisition of US security services firm Allied Universal
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Li Auto's chip unit to raise at least $243m in first equity financing
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Hong Kong to launch one-day settlement in second half of 2028
More Stories
Li Auto’s chip unit to raise at least $243m in first equity financing
Tiger-backed Moglix’s loss widens in FY26 despite higher revenue
Vertex Ventures SEA & India leads $29m funding in RapidCanvas
Norfund, Impact Fund Denmark invest in Philippine solar project
India
The proposed investment will be made in Eversource Partners II – 2.
The PE firm said the exit had generated $468 million in capital gains.
Ithaca co-founders Ravi Gupta and John Hegeman will become Bumble’s co-CEOs.
Thailand
Lakeshore Capital has closed the third flagship fund at its $305m hard cap.
Rest of Asia
Itochu plans to support AI adoption at Aspirant’s portfolio companies.
Some valuations are becoming difficult to justify, Quadria’s Abhishek Yadav said.
It is also expanding Asian operations with new offices in Shanghai and HK.
ECF Fund III is seeking to raise $150m in aggregate commitments.
The growing investor interest comes amid India’s defence manufacturing push.
