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Policy & Regulations

Prosecutors seek 10-year jail term for eFishery co-founder

The court proceedings outlined alleged financial losses affecting tens of thousands of parties.

Just InTrending

1

Prosecutors seek 10-year jail term for eFishery co-founder

2

India Digest: GobbleCube, TraqCheck raise funding

3

India to make it easier for firms to cut IPO size by up to 50% as war hits sentiment

4

No signs of major default cycle in private credit: Ares CEO

5

Indian staffing firm Xpheno plans IPO in Nov for overseas expansion

More Stories

1

Cento Ventures leads $4.4m round in Indonesia’s Baskit to scale offline trade

2

SG-based private credit vehicle deploying to VC-backed firms

3

KKR to invest $820m in Samsung SDS to expedite AI transformation

4

IFC plans up to $25m investment in Helicap fintech credit fund

5

Everstone Capital invests $270m in India’s Apothecon Group

Venture Capital

India Digest: GobbleCube, TraqCheck raise funding

InfoEdge Ventures and Kae Capital also invested in GobbleCube.

IPOs & Markets

India to make it easier for firms to cut IPO size by up to 50% as war hits sentiment

Current rules stipulate that IPO documents need to be refiled if the planned fundraising amount changes by 20% or more.

Private Credit

No signs of major default cycle in private credit: Ares CEO

The sector’s rapid expansion into less liquid, harder-to-value loans has raised concerns.

IPOs & Markets

Indian staffing firm Xpheno plans IPO in Nov for overseas expansion

Xpheno did not disclose the valuation it plans to target at the IPO.

Indonesia

SEA recommerce startup Kitar raises over $10m led by Source Code Capital

Hike Capital and returning investor Mindworks Capital joined the round.

Rest of Asia

Asia Digest: S Korea gets first GenAI unicorn; Plug and Play Japan vehicle hits final close; Sony Ventures new fund

Plug and Play Japan has reached final close of its first fund at above JPY 6 billion.

Singapore

responsAbility backs SG’s Skye Renewables with up to $15m for SE Asia push

The investment is part of responsAbility’s $500m Asia climate investment strategy.

Vietnam

TechCoop’s domestic trading arm secures $11.75m senior loan from Symbiotics

TechCoop is also planning a Series B equity raise later this year.

India

Indian ethnic wear brand Libas targets IPO by early next fiscal

Libas is also weighing a private equity round.

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