Analysis
Z.ai said it would release GLM-5.3 publicly in about two weeks after completing security assessments.
1
China's Z.ai claims new model close to Anthropic's Mythos 5 in cyber-defence test
2
How much did impact investor Lightrock make from Kauvery Hospitals exit?
3
Humanoid robot maker Unitree gears up for Shanghai debut
4
KKR-backed logistics firm LEAP India falls in trading debut
5
Beyond the Buyout: India's hospital gold rush has a valuation problem
More Stories
Graas raises $17m Series B, eyes first profitable quarter in Q4
100×100 sets sights on driving faster adoption of existing climate tech
EV charging’s next frontier in SE Asia is about platforms, not plugs
GoTo to be dropped from MSCI’s Indonesia index on liquidity concerns
EQT offers to buy Australian waste management firm Cleanaway for $6.6b
India
The hospital chain raised about $20 million from Lightrock (formerly LGT Lightstone Aspada) in 2019.
IPOs & Markets
Unitree’s IPO was more than 8,000 times oversubscribed by retail investors.
KKR’s Vertical Holdings II sold about $39m worth of shares ahead of the IPO.
At current valuations, investors are not just buying hospitals. They are buying a growth story.
Singapore
On a YoY basis, July funding declined about 52.8% from $1.48b.
Blacksmith has attained a valuation of $550m.
The IPO also comprises an offer for sale of 96.8m shares by existing investors.
Indonesia
GoTo’s shares have been stuck at 50 rupiah apiece since May 13.
World
A deal could be worth about $6 billion.