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Deals

Aramco Ventures leads Together AI’s $800m funding, valuation doubles

Together AI was valued at $3.3b in a Feb 2025 financing led by General Catalyst.

Just InTrending

1

Aramco Ventures leads Together AI's $800m funding, valuation doubles

2

Uber-backed Lime jumps on Nasdaq debut, hits $1.7b valuation

3

Foundation Healthcare eyes about $187 million in Singapore IPO

4

Vietnam Digest: UOB to build HQ in Ho Chi Minh City; G-Group gets nod for AI campus in Hanoi

5

Asia Digest: Ant International, KPS in expansion mode

More Stories

1

Affinity Equity Partners exits Vietnam’s HDBank six years after investment

2

Vietnamese fintech firm Trusting Social slips back into loss in 2025

3

As Asia’s secondaries PE market matures, buyers raise the bar

4

Greater Bay Area mints two unicorns as embodied AI boom continues

5

Gojek founder and ex-minister Makarim gets 10 years in Chromebook graft case

IPOs & Markets

Uber-backed Lime jumps on Nasdaq debut, hits $1.7b valuation

Its shares opened at $27 apiece, compared with the IPO price of $25. 

IPOs & Markets

Foundation Healthcare eyes about $187 million in Singapore IPO

The Singapore private healthcare group will offer 162.6 million shares at S$0.76 each.

Deals

Vietnam Digest: UOB to build HQ in Ho Chi Minh City; G-Group gets nod for AI campus in Hanoi

It is the first foreign bank to develop and own a headquarter within the Vietnam International Financial Centre.

Deals

Asia Digest: Ant International, KPS in expansion mode

KPS has established a Tokyo office to lead investments across the region.

Indonesia

Indonesia’s INA broadens investment strategy for active institutional play

Dubbed INA 2.0 for term 2026-30, the strategy seeks to widen its investment opportunities.

Rest of Asia

Australia’s Perpetual rejects EQT’s $1.69b takeover offer over valuation

EQT offered to buy all the shares for A$21.64 apiece in cash, a near 40% premium to Perpetual’s closing price on Tuesday.

Singapore

Singapore’s BDx open to IPO as AI boom fuels Asia expansion

BDx is focusing more on building new sites than acquisitions because takeover prices have become expensive.

Vietnam

Vietnam electronics retail chain Dien May Xanh raises nearly $505m in IPO

The company plans to debut on the Hochiminh Stock Exchange in the first week of August.

Indonesia

Indonesia orders four e-commerce platforms to collect tax from sellers

Sellers with turnover of $28,000 or less will be exempted from having taxes collected.

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