Deals
ContraVault AI has raised $3.1m in a pre-Series A round led by Chiratae Ventures.
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Yum Brands to sell Pizza Hut for $2.7b to Yum China, LongRange Capital
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Korea's Hanwha to raise KAI stake above 12% as global space race heats up
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The proceeds will be used to expand the company’s distribution network.
Galaxy DC is using its Singapore hub to support the rollout of AI data centres across SE Asia.
Yum China will buy Pizza Hut in Mainland China for $1.2b.
Affiliate Hanwha Aerospace had secured a 6.5% stake in KAI.
World
SpaceX expects the merger to close in Q3 2026.
Malaysia
Round was led by Camber Partners; Endeavor Catalyst and others participated.
India
The infusion marked the company’s first institutional funding.
Greater China
Investors are subject to a five-year lock-up and will not have voting rights.
The company is also backed by Accel and Pidilite Industries.