Venture Capital
The round was led by Dinghui Baifu, the deeptech-focused investment arm of China’s CDH Investments.
1
HongShan-backed GenAI startup DIP raises nearly $50m Series D funding
2
Inito raises $29m funding co-led by Bertelsmann India, Fireside Ventures
3
Prudential sells 4.5% stake in Indian asset management JV for $545m ahead of IPO
4
Indian P2P lending platform LenDenClub's parent plans IPO
5
India Digest: BYT Capital launches $20m fund; GVFL backs Soleos Solar
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Kredivo said to bag $100m+ led by Mizuho to give partial exits to early backers
Vertex-backed Validus raises $30m in Series D round from Khazanah
GIC’s sale of private equity fund portfolio could amass $3b: Report
Tiger Global-backed Indonesian logistics startup Waresix eyes IPO
AstraZeneca, its China joint fund lead nearly $100m financing in Syneron Bio
Deals
The latest fundraise brings Inito’s total equity funding to $45 million.
IPOs & Markets
The fund house is a JV between ICICI Bank, which holds 51%, and Prudential, which owns the rest.
India’s IPO market is set for another record year in 2025.
The fund is expected to reach its final close by Q3 2026.
Greater China
The IPO of Jingdong Industrials fell short of its initial target of $500 million.
Vietnam
Its current market capitalisation stands at $2.35 billion, down from $2.4 billion after the IPO.
Rest of Asia
The startup last raised $6.3 million to drive US market entry in July.
The funding comes months after AstraZeneca formed a strategic collaboration with Syneron Bio in March.
Indonesia
Penguin Securities raised $2.6 million in fresh capital last week.
