India
Funds will be used to scale its presence in international markets.
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India Digest: Rangons bags funding; PhysicsWallah adds independent directors
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HKUST ties up with SIIC to launch new fund to invest in biotech sector
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Toyota Tsusho America to acquire Radius Recycling in $1.34b deal
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Allianz-led consortium to close $3.8b Viridium takeover soon
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After DeepSeek, Chinese fund managers beat High-Flyer's path to AI
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Indonesian P2P lender Akseleran faces $11m loan default; key exec’s powers curbed
Elevarm bags $4.25m, Eratani nears funding, defying Indonesia’s agritech challenges
I Squared, Macquarie vie for stake in Indosat’s $1b fibre business: report
Will Indian EV maker Gensol’s troubles put BluSmart’s ride at risk?
Global LPs have concerns about the exit environment in SE Asia: Openspace Ventures
Gensol is selling Scorpius Trackers for Rs 350 crore.
Indonesia
The new allegations claim the founders were responsible for losses at the company amounting to $253m.
The company is in advanced discussions to raise another $25m, ET reported.
A potential deal still has to overcome hurdles like regulatory approvals and antitrust concerns.
While e-rupee transactions had surged initially, they have since declined.
eFishery is said to be planning to lay off many contract and outsourced workers.
OpenAI is facing a copyright breach case brought by local news agency ANI.
Philippines
Maya could be valued at $2b; KKR owns 20%
Singapore
The oversubscribed round roped in Bitcoin-focused VC firm Fulgur Ventures as a cornerstone investor.