Deals
Company will scale R&D in sensing, AI, and health algorithms.
1
India: Healthtech startup Ultrahuman raises $70m from Qualcomm, others
2
KKR to acquire minority stake in Malaysia's Avisena Healthcare
3
India's Swiggy pares gains ahead of exit from MSCI indexes
4
Bilibili to raise $700m via convertible notes; Tencent to subscribe
5
Armed with over $15b in cash, Shein seeks deals to spur growth
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Morgan Stanley PE Asia explores Omega-ClearMedi merger in India
Private Equity
The investment will support Avisena’s expansion.
The firm was placed in the so-called red-flag list by National Securities Depository.
Part of the proceeds will be used for AI-related initiatives.
Analysis
Shein plans to buy US brand Everlane for $80m in a step to become a platform.
Philippines
Mynt plans to offer up to 1.61 billion primary shares.
Singapore
Also in attendance: Global allocators and fund-of-funds.
India
The focus on leadership transition at top private banks comes as external challenges and competitive pressure grow in India.
The move comes as a number of regional and global wealth managers seek to expand their footprints in the Asia-Pacific region.
Greater China
The approval may be granted during President Xi’s planned visit to Washington in late September.
