Deals
KKR will hold a 29% stake, while SK Telecom will retain a 51% controlling interest.
1
KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform
2
Shein's Hong Kong IPO pricing values it at $26.5b
3
Aura Group launches private equity, credit evergreen fund
4
Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India
5
India Digest: InspeCity, InstaAstro, TrucksUp raise funding
More Stories
GIC said to have held talks to buy EQT’s stake in Singapore healthcare firm
Global peers, PE firms eye CVC’s stake in Samator Indo Gas
SG Digest: 1982 Ventures backs US AI startup; fileAI bags funding
Temasek Trust’s C3H backs UK-based Certain Energy’s $13.6m round
HK real estate tycoon mulls $1b PE portfolio sale: Report
IPOs & Markets
The company is aiming to raise $1.7 billion.
Private Credit
The fund targets a 5% p.a distribution yield on a semi-annual basis.
Policy & Regulations
It is not the first time the city-state’s flag carrier has been queried about future funding for Air India.
InspeCity has raised nearly $10.5m led by Speciale Invest and Ashish Kacholia.
Indonesia
The stake increase involved two transactions worth a combined $4.9m.
India
The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.
The funding saw continued participation from previous investors Together Fund and Array VC.
Rest of Asia
The deal may value the startup at about $6b, The Information reported.
Singapore
LemmaTree, founded by Singapore’s Temasek, has joined Graas’s cap table.