Deals
The transactions bring two new shareholders onto Growthwell’s cap table.
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India: Avendus PE fund nears third fund close, makes new investment
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PixVerse's Series C reaches $439m as Alibaba joins extension round
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Shein executive chairman to step down as IPO mission nears completion: report
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BYD steps up UK expansion with new luxury EV, ultra-fast charging network
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Anytime Fitness’s Asia owner said to target up to $450m in potential sale
Vertex Growth Fund poised for 8x return on $1.5b Israeli drone firm deal
Indonesia’s JULO raises fresh capital from existing investors
PH banks’ zero-fee push tests GCash and Maya’s payments economics ahead of IPOs
Danantara picks partners for eight new waste-to-energy projects
The firm has invested around $14.6 million in Parag Parikh Financial Advisory Services.
Venture Capital
Existing investors iGlobe Partners and OCBC’s LionX Ventures participated.
People
Sky Xu will take on the role of chairman and lead the investor roadshow.
Analysis
Overseas markets have become crucial for BYD amid domestic headwinds.
World
Paramount said the lawsuit distorts settled antitrust law.
Singapore
Motorola Solutions has agreed to acquire D-Fend in an all-cash deal.
Startup funding in the region last crossed the $4b mark in November 2021.
India
The Temasek-backed company is understood to have raised over $150 million to date.
Monetary Authority of Singapore was allotted 1.04% of the IPO anchor book.