Deals
HDBank separately unveiled plans to raise up to $300m through international green bonds.
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VN Digest: HDBank partners LSE; Techcom Securities raises $488m loan; HCMC Fund officially launches
2
India: Polaris Smart Metering secures $80m funding from BII
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Flipkart plans foray into India's ticketing market as live events boom: report
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China's SenseTime to raise $415m via share placement to fund AI expansion
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Chinese regulator fines, confiscates $527m from seven food delivery platforms
More Stories
Prosecutors seek 10-year jail term for eFishery co-founder
Advent tests market again with potential $400m sale of Singapore’s The Learning Lab
India: IFC in advanced talks to back LeapFrog-backed diagnostics firm
LIGHThouse Clinic bags funding amid Indonesia’s beauty boom
Cento Ventures leads $4.4m round in Indonesia’s Baskit to scale offline trade
The funding will be used to deploy 2.2 million smart meters in West Bengal.
Analysis
Move will pit Flipkart against Accel-backed BookMyShow and Zomato’s District.
IPOs & Markets
It will fund AI infrastructure expansion, generative AI research and working capital.
Policy & Regulations
The companies fined include Pinduoduo, Meituan, and JD.com.
World
The programme combines a closed-end fund and bespoke co-investment vehicles.
Prosus is selling 13.6 million Delivery Hero shares at 20 euros each.
Rest of Asia
Demand is fuelled by surge in corporate M&As.
Greater China
The fund has secured $520 million in its first close.
But PIF’s new discipline could put further pressure on Asian managers.
