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Deals

India Digest: Pinegap, Mitti Labs and Typsy Beauty raise funding

Pinegap has raised $8 million in a Series A funding round led by Stellaris Venture Partners.

Just InTrending

1

India Digest: Pinegap, Mitti Labs and Typsy Beauty raise funding

2

India: HomeRun raises $12m in funding led by Nexus Venture Partners

3

SEA Digest: SMBC Indonesia winds down CVC unit; Funding Societies secures fresh debt

4

India Digest: Piper Serica raises capital for new fund; Ex-KKR execs to anchor buyout fund

5

SoftBank books lower Q1 profit, gain on Intel stake

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1

GIC explores sale of private fund portfolio worth $1b in secondaries market

2

eFishery investors receive $21.6m as liquidators assess Aqua Bridge proposal

3

Indonesia’s Waresix raises $27.4m from existing backers, filings show

4

Singapore personal care brand Stryv weighs public listing

5

Superbank arrives just in time for Grab’s fintech profit deadline

Venture Capital

India: HomeRun raises $12m in funding led by Nexus Venture Partners

The fresh capital will help the startup expand into new markets and invest in supply chain and technology.

Deals

SEA Digest: SMBC Indonesia winds down CVC unit; Funding Societies secures fresh debt

The CVC unit has publicly backed only one startup – social commerce platform Dagangan.

Deals

India Digest: Piper Serica raises capital for new fund; Ex-KKR execs to anchor buyout fund

Piper Serica has achieved the first close for its Bharat Tech Fund.

Earnings and Results

SoftBank books lower Q1 profit, gain on Intel stake

It made an investment gain of 1.86 trillion yen over the quarter.

Greater China

ByteDance founder tells staff to avoid AI distillation

The method uses the outputs of a powerful AI system to train or improve a smaller model.

India

Google’s $15b India data centre project battles water, wildlife concerns

The state’s top court asked the government to defend against allegations levelled by activist group.

India

Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth

Its IPO opens on Aug. 10 and closes on Aug. 12.

India

India’s Swiggy aims to hit $1.05b core earnings in five years

It expects Instamart’s GOV to more than quintuple to 1.5tr rupees by fiscal 2031.

Indonesia

Indonesian e-commerce firms to start collecting tax on sellers’ income from Nov 1

Income tax already collected from the sellers will be refunded.

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