Analysis
There are concerns that interest rates will remain higher for longer.
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Eyes on rates, tariffs, and geopolitical uncertainty as Trump wins White House race
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Swiggy's IPO 12% subscribed after Day 1 of bidding
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Deeptech robotics startup CynLr raises $10m and other India deals
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Inflexor Ventures hits first close of Opportunities Fund, raises 80% of target
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Korea Zinc's $1.8b share sale plan stalled by regulator's revision order
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CVC Capital mulls exit from Indonesian cheese brand Prochiz parent
Vietnamese PE firm ABB invests in pharmaceutical marketplace Duoc Vuong
Funding Societies secures third credit facility from HSBC
Ampd Energy bags $27.3m in Series B round led by Kibo Invest, Openspace
CVC unit to acquire 49.9% stake in Singapore’s ECO
The world’s biggest cryptocurrency rose 7% to $75,060, topping March’s peak.
Deals
The company had raised $73.6m in Series B funding in Jan.
Venture Capital
Tribe Capital also has a dedicated India vehicle.
VC firms Thrive Capital and Lux Capital also participated.
The firm closed Fund II at $225 million in 2021 and Fund III at $650 million in 2022.
Private Equity
If the talks are successful, a deal could be finalised in the coming weeks.
Bitcoin soared around 12% in October in anticipation of a second term for Trump.
Brookfield Asset Management could own 100% of the asset management business.
Enterprise and educational customers will be able to access the features in coming weeks.