IPOs & Markets
SB Energy could seek a valuation of more than $50 billion in its IPO.
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SoftBank-backed SB Energy moves closer to US IPO filing
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VinFast puts the brakes on manufacturing three EV models in India
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Deal Digest: Kasikornbank begins Indonesia ops; Makers Fund closes $250m Fund IV
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India Digest: Kepler Aerospace, Zenergize raise funding
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Destry Damayanti wins parliament nod as Bank Indonesia chief
More Stories
500 Global said to wind down standalone SE Asia investing, shift focus to global funds
Two speeds define SE Asia’s private capital funds market
Shell weighs potential $1b sale of Malaysian facility
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
SEA Digest: Salim Group buys out Keppel from data centre JV; Gojek expands tie-up with ComfortDelGro
Analysis
Vinfast opened its first factory outside Vietnam in southern India last year and pledged to invest $2 billion.
Deals
The launch follows Kasikornbank’s gradual expansion into Bank Maspion over the past decade.
Kepler has raised $8m in seed funding led by Blue Ashva Capital.
People
Her predecessor Perry Warjiyo had resigned midway through his second term.
Greater China
H.I.G. is looking to broaden its Asian LP base.
India
Yuma Energy will use the funding to expand its battery swapping network across India.
World
Coller EQT brings nine new strategies to EQT’s product lineup across PE equity and credit secondaries.
Singapore
She will lead the growth and strategic development of the bank’s ASEAN franchise.
Shein has been humbled by tariff and duty changes in the U.S. and Europe.