Singapore
DEG’s initial $20m loan to JC Growth Credit Fund 1 was fully disbursed in March 2026.
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DEG proposes $10m more to January Capital's venture debt fund
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Tencent-backed AI chipmaker Enflame targets $908m in Shanghai IPO
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OpenAI says ad business has hit $1b annualised revenue run rate
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GRT Jewellers India to buy 74% in Tribhovandas Bhimji Zaveri for up to $109m
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ID Digest: LLV Japan fund invests in Bumame, TWO Inc; Vidio partners with ReelShort
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Biopharma firm AusperBio secures $120m Series C funding
IPOs & Markets
Enflame is China’s latest AI chipmaker to go public.
Earnings and Results
OpenAI said advertisers outside the US represent a growing share of revenue.
Deals
GRT will launch an open offer for an additional 26% stake.
Bumame operates healthcare services in Indonesia, while TWO Inc is a Japanese wellness company.
India
Shares of ITC Infotech will list on BSE and NSE after the deal.
Rest of Asia
Alpha Dhabi will increase its ownership interest in the joint venture to 40% from 20% previously.
Fintech investments in Singapore hit S$2.9 billion last year.
Greater China
The public offering portion was subscribed 5.63 times, while the international portion was subscribed 2.59 times.
The first close was backed by Temasek, AustralianSuper and others.