Earnings and Results
Heavy marketing spend during the peak shopping season did not translate into a surge in demand.
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Alibaba reports slower-than-expected Q3 revenue growth
2
Carlyle to sell Japan's KANAMEL to Nippon Television
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India Digest: Weaver Services, NDR InvIT Trust make acquisitions
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Indian enterprise AI startup Aerchain raises $13m led by Pavestone VC
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India's Bajaj Finserv leads $25m pre-Series B funding in Assiduus Global
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Vietnam’s EV boom gains speed, but ecosystem roadblocks remain
Seven China startups breach unicorn valuation amid embodied AI frenzy
Deals
Nippon TV will buy a stake of about 80%, bringing its total ownership to 100%.
Weaver Services has acquired a 75% controlling stake in Centrum Housing Finance.
The funding also saw participation from IndiaMART and other investors.
Venture Capital
Uncorrelated Ventures and Aaruha Technology Fund also invested.
India
The deal allowed early investors to cash out.
Chakraborty was appointed as part-time chairman in April 2021 for a three-year term.
Singapore
Sesto Robotics reported modest improvements in revenue and profitability in FY 2024.
IFS is prioritising borrowers that are proactively hedging risks.
Vietnam
Despite strong incentives and high demand, Vietnam’s EV infra is still lagging.