Deals
DeHaat co-founder Adarsh J Srivastava has been appointed as CEO of Honest Farms.
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India Digest: OTP Ventures backs DeHaat Honest Farms; Atomberg to raise $47m
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Geely founder Eric Li to step down as chair of flagship auto unit
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India: Tata Capital Healthcare Fund III leads 30m funding in Tenet Diagnostics
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Trump crypto firm collaborates with HK firm offering restricted Chinese AI models
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Blue Pool Capital raises $1.4b for PE fund Riverside
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Secondaries part of capital solutions offering, not standalone: Temasek
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SG’s Medi Lifestyle agrees to buy 60% stake in Q & M Dental’s AI platform
V3 Ventures leads $3m funding in Scrubsy, and other India deals
Editor’s take: The week that was — Aug 10-15
People
Eric Li will hand over the role of chair of Geely Auto to executive director An Conghui.
DealStreetAsia had first reported about the potential deal in March this year.
Analysis
WorldClaw accepts World Liberty’s crypto tokens as payment.
Private Equity
The fund reached a $1-billion fundraising milestone in March this year.
Rest of Asia
The mandate is operated in an open-ended evergreen structure.
Greater China
Alibaba has been directing capital toward strategic priorities including AI and cloud.
India
Its shares traded 33.4% higher at 1,162 rupees.
Indonesia
The companies plan to open at least 30 VinFast showrooms and service centres across Indonesia.
The Asian rush is one way issuers are diversifying their funding sources.