Analysis
ETFs based on bitcoin and ethereum will list on the HKEX next week.
Earnings and Results
The NPL ratio stood at 0.6%, way below the industry average of 2.3%.
Private Equity
The BlackRock-Temasek JV fund had set a target of $1 billion.
MatchLog Solutions snags $1.5m funding and India deals worth $113m
GoTo-backed digital lender Bank Jago's profits surge 24% in Q1 2024
Vietnam's FPT to invest $200m in AI plant using Nvidia chips
More Stories
India-focused private equity giant Kedaara Capital closes fourth fund at $1.73b
Vietnamese edtech startup Prep closes Series A round led by Cercano, Northstar
IFC proposes to invest up to $7m in Philippines fintech startup First Circle
Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
Southeast Asia
Southeast Asia's startups saw an uptick in the number of funding rounds recorded in the first quarter of the year, but the total capital raised nosedived to the lowest level seen in over five years.
India
Fundraising by Indian startups fell 11% sequentially to $2.6 billion in Q1.
World
Schroders Greencoat is looking at opportunities beyond North America and Europe.
Singapore
The three funds are dedicated to private credit, social infrastructure, and data centres.
The firm has 23 active investments in its India portfolio
ShopBack is launching a mobile app and website tailored for New Zealand.
Flashaid has raised $2.5m in its pre-Series A funding round, while Boba Bhai has raised about $1.5m in seed funding.
Ola is exiting the UK, Australia, and New Zealand.
Greater China
The pre-Series A funding round was led by Motion Ventures and July Ventures.
Vietnam
FPT plans to use Nvidia's support to boost AI research in Vietnam.
Rest of Asia
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Indonesia
Competition, manpower shortage pose challenges as initial euphoria settles down.
Malaysia
As part of the merger, long-haul airline AirAsia X will take over Capital A's aviation business.
FirstCry is said to withdraw its IPO papers, make changes and refile them as early as next week,
Expedited passes for VCs and unicorns, were among the announcements.
The social media company expects to win a legal challenge to block the ban.
Binance agreed to a $4.32-billion criminal penalty.
Imatsu will retain his roles as co-head of global interest rates and co-head of the Asia Pacific fixed income, currency and commodities.