Analysis
The potential divestment is part of StanChart’s plan to reduce focus on single-product clients.
1
StanChart reviews offers from Kotak, Federal to buy credit-card-only customers: report
2
Reliance Jio hires 17 banks for IPO, will raise no new funds: report
3
India may shelve privatisation of three state firms on weak investor appetite
4
SEA Digest: Masan Consumer gets nod for 100% foreign ownership; TADA launches in New York
5
Australia's Advanced Navigation hits unicorn status after Series C
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IPOs & Markets
Jio has raised funds from investors including KKR, General Atlantic, Silver Lake, and ADIA.
The stake sale in IDBI Bank has collapsed, while SCI and HLL Lifecare have received little investor interest.
Deals
The move follows Masan Consumer transferring its listing to the Ho Chi Minh City Stock Exchange.
The $103-million round was led by Airtree Ventures.
India
The capital will be primarily deployed to fuel the CometChat AI expansion strategy.
BlackSoil recently announced deploying $8.1m in Euler Motors.
Indonesia
Execution at the systems level, not just expansion, will define the next generation of winners.
Rest of Asia
The utility giant has asked potential partners to submit concrete offers by the end of March.
KKR will take a majority stake in Allfleet and a minority stake in PMI Electro.
