Deals
Beams Fintech Fund has led a $23m equity investment in Business Nextgen Finance.
1
India Digest: Beams Fintech Fund backs NBFC; RPG Active Pharma to buy API biz
2
Blackstone private credit fund maintains 5% redemption cap
3
India's Asset Reconstruction Co eyes fee-based businesses in pre-IPO growth push
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China’s e-commerce enters new phase as delivery price war reshapes shopping
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India blocks Alipay+ payments link over security, data concerns
More Stories
Shell weighs potential $1b sale of Malaysian facility
Creador’s food ingredient business draws a bevy of investors in potential sale
Indonesian fintech Amartha said to lead BroilerX restructuring
Vietnam industrial real estate assets mature, opening door to institutional capital
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
Private Credit
Investors sought to pull $4.3b, or 10% of shares, in Q3 from the fund.
The IPO is aiming to raise $77.58 million at the upper end.
Analysis
The so-called instant retail has emerged as the new battleground in online shopping.
The proposal was the first by a China-linked entity in the financial services sector.
Indonesia
Widjaja was sentenced to three years in prison by the Jakarta Corruption Court in June.
Greater China
The developer of popular AI large language model Kimi is aiming to raise $3 billion.
World
The vehicle is 70% bigger than its predecessor.
India
The capital will be used to expand its product and store network.
AirAsia may require government endorsement to raise fresh capital from external investors.
