India
Existing investors Accel, Bain Capital Ventures and Hara Global also participated.
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Editor's take: The week that was — Sept 7-12
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VinFast names founder's eldest son as its global chief executive
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India's Asset Reconstruction Company's $77.6m IPO oversubscribed
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Novo Holdings invests in China wound-care CDMO ForYou Medical
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Jefferies Asia investment banking head Laskowski moves to vice chairman role
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Vietnam competition watchdog reviews Grab’s commission policies
Rentomojo has raised nearly $40m from anchor investors ahead of its IPO.
The firm was placed in the so-called red-flag list by National Securities Depository.
Greater China
Shein plans to buy US brand Everlane for $80m in a step to become a platform.
The company is looking beyond its core Greater China footprint to drive its next phase of growth.
India Quotient and Equanimity Investments also participated in the round.
The move mirrors rival Blinkit.
Singapore
The National Competition Commission fined Recess $13,300.
BookMyShow’s backers also include Network18, Accel Partners, and TPG.
Wippi has raised $1.2m in a seed round led by 12 Flags.
