Analysis
Hyundai has overcome issues that drove GM, Ford and Fiat away from India.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
More Stories
L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
SE Asian startups left thirsting as funding drought persists into Q2
Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round
Deals
General Atlantic and KKR are among 4-5 PE firms vying for a majority stake in the Faridabad-based chain.
People
Agarwal joined NewQuest in 2019 following a decade-long stint with CLSA.
Q & A
India accounts for about one-third of Leapfrog’s total capital.
Private Equity
Deal paves way for Mankind to expand into the women’s health and fertility drug market.
The project is now suspended ahead of its planned August IPO.
Private Credit
The funds will be used by DMW Group for its capex and working capital needs.
Jio and MediaTek will team up to make digital dashboards for electric scooters.
Koral is backed by private equity firm Abris Capital.
Quick commerce unicorn Zepto received $470 million this week from StepStone Group, Nexus Venture Partners and others.