Earnings and Results
Net loss rose 22.3% to $13.94 million from $11.4 million in the previous financial year.
1
Tiger Global-backed Moglix's loss widens in FY26 despite higher revenue
2
SoftBank weighs $18b acquisition of US security services firm Allied Universal
3
Li Auto's chip unit to raise at least $243m in first equity financing
4
Hong Kong to launch one-day settlement in second half of 2028
5
Vertex Ventures SEA & India leads $29m funding in RapidCanvas
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Deals
With Allied, SoftBank would look to eventually replace some staff with robots for certain security tasks.
Venture Capital
MHX Technology has entered into agreements to raise $150m from the parent company.
IPOs & Markets
Under a T+1 settlement cycle, securities transactions are settled one business day after the trade date.
The latest funding takes the company’s total capital raised to $52.5 million.
Philippines
The project reached financial close in July, having secured $310m in senior debt financing.
India
The disclosure brings India into a growing global debate over how AI companies test models.
Greater China
The statement followed a report by AI-safety research group Swarmchasers.
Indonesia
The sanctions were part of Indonesia’s market reforms.
The funding also saw participation from Unilazer Ventures, Schema Ventures and Z21.