Deals
The fundraise was led by General Catalyst and AMP PBC.
1
Temasek, Nvidia, others back xAI co-founder's startup River AI in $1.1b round
2
Nvidia inks MoUs with six Wall Street giants to raise $500b for AI buildout
3
Bybit Indonesia lines up slew of products to ramp up user base
4
Sea Ltd's Q2 profit rises 11% as e-commerce, fintech growth offsets higher costs
5
TPG to buy S Korea-based Lotte Group's car rental unit for $925m
More Stories
Weak minority exits push Asia PE towards buyouts, says Federated Hermes
Google Ventures invests in Singapore startup Engine Biosciences
China Deal Review: July funding hits 28-month high on 26 megadeals
India: AUM Ventures makes first close of second deeptech fund at $24m
Gaming won’t define our future despite revenue dominance: Bukalapak
Analysis
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR.
Bybit plans to launch derivatives, tokenised stocks, futures, Shariah account and payment products.
Earnings and Results
Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.
The sale is expected to help Lotte Group secure liquidity to improve financial health and expand hotel business.
Indonesia
The projects are being developed in Cikarang, Greater Jakarta.
India
Chheda will run the business alongside Dev Nambakam.
Greater China
It is targeting a valuation of $30-40b in the IPO.
The company raised $77.8m from MAS, Morgan Stanley and others in an anchor round.
The Series B round brings Aureka’s total funding since inception to nearly $200m.
