Deals
Pinegap has raised $8 million in a Series A funding round led by Stellaris Venture Partners.
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India Digest: Pinegap, Mitti Labs and Typsy Beauty raise funding
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India: HomeRun raises $12m in funding led by Nexus Venture Partners
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SEA Digest: SMBC Indonesia winds down CVC unit; Funding Societies secures fresh debt
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India Digest: Piper Serica raises capital for new fund; Ex-KKR execs to anchor buyout fund
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SoftBank books lower Q1 profit, gain on Intel stake
More Stories
GIC explores sale of private fund portfolio worth $1b in secondaries market
eFishery investors receive $21.6m as liquidators assess Aqua Bridge proposal
Indonesia’s Waresix raises $27.4m from existing backers, filings show
Singapore personal care brand Stryv weighs public listing
Superbank arrives just in time for Grab’s fintech profit deadline
Venture Capital
The fresh capital will help the startup expand into new markets and invest in supply chain and technology.
The CVC unit has publicly backed only one startup – social commerce platform Dagangan.
Piper Serica has achieved the first close for its Bharat Tech Fund.
Earnings and Results
It made an investment gain of 1.86 trillion yen over the quarter.
Greater China
The method uses the outputs of a powerful AI system to train or improve a smaller model.
India
The state’s top court asked the government to defend against allegations levelled by activist group.
Its IPO opens on Aug. 10 and closes on Aug. 12.
It expects Instamart’s GOV to more than quintuple to 1.5tr rupees by fiscal 2031.
Indonesia
Income tax already collected from the sellers will be refunded.
