India
The company also plans to double its store count in five years.
1
Blackstone raises over $4.4b in first close of new Asia fund
2
XL Axiata, Smartfren complete merger to form XLSMART
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Blackstone's Q1 profit beats on robust private equity, credit performance
4
Amid trade war, investors fear forced de-listings of US-listed Chinese firms
5
Chief of India's markets regulator says "sorting out issues" delaying NSE's IPO
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Indonesian conglomerates said to be backing new PE fund
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PE investments in India outpace year-ago levels in early 2025
Singapore
The SE Asian tech companies’ stock declines surpassed that of the US “Magnificent Seven”.
Greater China
Alibaba’s arm will sell 2% of YTO’s total stock via block trades over next three months.
Rest of Asia
Choco Up plans to power asset-light businesses across APAC where it sees a $2t funding gap.
The company has also named Sindhu as its brand ambassador.
The Whole Truth has raised $15 million in its Series C funding round led by Sofina.
The company is in advanced discussions to raise another $25m, ET reported.
Promising startups such as Telio, Ula, and Lummo bite the dust.
Malaysia
The CARSOME Group will hold a 51% stake in CARSOME Capital.
Indonesia
The investors are likely to recover only about a third of their original investments.