Analysis
MAKA has shifted its strategy to include rental and rent-to-own schemes as EV demand falls.
1
JPMorgan eyes new research frontier with coverage of private firms
2
Despite uncertainties, Flourish Ventures may increase exposure to SE Asian fintech
3
Blackstone drops out of consortium bid for TikTok US
4
India Digest: Dodla Dairy, Udaan make acquisitions
5
China’s CAS Star hits first close of new hard tech fund
More Stories
Can Vietnam become SE Asia’s next data centre hub?
[Updated] Apollo Global edges out 8 other GPs to manage Singapore’s S$1b private credit fund
Princeton Digital Group secures $1.3b investment from Stonepeak
Dymon-backed Meiban picks up stake in Aussie medtech
MAKA Motors cuts 40% staff, explores new strategy
Policy & Regulations
The deal is among a handful reached by the US ahead of an August 1 deadline for negotiations.
The President had earlier imposed a 32% tariff on the SE Asian country.
Deals
SBI Ventures and Braxton Capital each invested $1.5 million in Bang Jamin.
88 Fintech Capital and Eighty Five Capital hold 10.2% and 15.4% stake, respectively.
J Trust Bank has filed a police report against CROWDE’s management.
The tax office has said the rules are intended to tackle the “shadow economy”.
Despite geopolitical tensions, fundraising by Indian and Chinese startups rebounded significantly in June.
People
Both startups follow a B2B model.
GoTo has not been accused of any wrongdoing.