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Deals

KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform

KKR will hold a 29% stake, while SK Telecom will retain a 51% controlling interest.

Just InTrending

1

KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform

2

Shein's Hong Kong IPO pricing values it at $26.5b

3

Aura Group launches private equity, credit evergreen fund

4

Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India

5

India Digest: InspeCity, InstaAstro, TrucksUp raise funding

More Stories

1

GIC said to have held talks to buy EQT’s stake in Singapore healthcare firm

2

Global peers, PE firms eye CVC’s stake in Samator Indo Gas

3

SG Digest: 1982 Ventures backs US AI startup; fileAI bags funding

4

Temasek Trust’s C3H backs UK-based Certain Energy’s $13.6m round

5

HK real estate tycoon mulls $1b PE portfolio sale: Report

IPOs & Markets

Shein’s Hong Kong IPO pricing values it at $26.5b

The company is aiming to raise $1.7 billion.

Private Credit

Aura Group launches private equity, credit evergreen fund

The fund targets a 5% p.a distribution yield on a semi-annual basis.

Policy & Regulations

Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India

It is not the first time the city-state’s flag carrier has been queried about future funding for Air India.

Deals

India Digest: InspeCity, InstaAstro, TrucksUp raise funding

InspeCity has raised nearly $10.5m led by Speciale Invest and Ashish Kacholia.

Indonesia

Morgan Stanley increases GoTo stake above 5%

The stake increase involved two transactions worth a combined $4.9m.

India

India: Impact investor TILT launches maiden VC fund with $26m corpus

The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.

India

India: AI startup Runable raises $21m co-led by Susquehanna VC, Nexus

The funding saw continued participation from previous investors Together Fund and Array VC.

Rest of Asia

SoftBank looks to buy stake in humanoid robot maker 1X: report

The deal may value the startup at about $6b, The Information reported.

Singapore

DATA VANTAGE: Singapore’s Graas issues new shares and other updates

LemmaTree, founded by Singapore’s Temasek, has joined Graas’s cap table.

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