Deals
Honasa has bought a 58% stake in the hair therapy and nutraceuticals brand.
1
Mamaearth parent Honasa buys Mumbai-based Fluence Pharma
2
AI startup Baseten hits $13b valuation as Australia's Blackbird makes record bet
3
China Resources New Energy draws $943b in retail bids for biggest Shenzhen IPO
4
Asian LPs buck trend on GP relationships and secondaries: Coller Capital
5
ID Digest: Google Cloud, Microsoft name new Indonesia heads
More Stories
Asia infrastructure credit emerges as bright spot amid global industry woes
SE Asian premium coffee chain Harlan + Holden sealing $12m round
Malaysia’s PolicyStreet bags $21m in Series C first close led by Cool Japan Fund
Singapore’s Silicon Box raises $150m, EDBI joins cap table
Asia GP-led secondaries—capital, conviction, and the maturing market
Venture Capital
Blackbird’s latest outlay may be the biggest to date by an Australian venture capital firm.
IPOs & Markets
The strong retail demand highlights appetite for one of China’s largest recent listings.
Secondaries
Nearly 53% Asian LPs expect GP relationships to increase.
People
Google Cloud has appointed Karim Siregar as its country director for Indonesia.
Indonesia
Indonesian President Prabowo Subianto first announced an 8% cap on commissions on May 1.
Singapore
The vehicle drew strong support from existing investors.
India
The company is eyeing an additional $50–60 million over the next quarter.
PIDG’s commitments are expected to strengthen the Fund’s risk profile for institutional investors.
A downgrade could trigger as much as $13 billion in outflows from Indonesian equities.
