Deals
The capital will be used to expand capacity at its facility and set up a new greenfield plant.
1
India: River Mobility raises $120m funding from Elev8, Claypond
2
Telkom eyes six more divestments amid restructuring
3
Lightspeed-backed Multiplier raises $35m to expand professional services platform
4
India Digest: Vingo, Hulp, Adiabatic Tech raise funding
5
Hillhouse arm, Japanese investors buy SG business park assets for $144m
More Stories
GIC explores sale of private fund portfolio worth $1b in secondaries market
Singapore personal care brand Stryv weighs public listing
Indonesia’s Waresix raises $27.4m from existing backers, filings show
Superbank arrives just in time for Grab’s fintech profit deadline
GCash parent Mynt posts record quarterly revenue ahead of planned IPO
Earnings and Results
The proposed divestments include two mergers and four business closures.
The Series B funding round was led by San Francisco-based The General Partnership.
Vingo has raised nearly $1.2 million in a seed funding round led by IndiaQuotient.
The investment covers 7 and 9 Changi Business Park Crescent.
India
Nifty 50 index had seen sharp volatility earlier this week.
Singapore
It also includes a long-term strategic distribution agreement with UOB.
The shares rose as much as 10.7% to 653.10 rupees.
The funds will be deployed to strengthen underwriting, actuarial, catastrophe-modelling, and AI capabilities.
Greater China
DISCOVER Robotics has reached a post-money unicorn valuation of at least $1 billion.
