Analysis
Oversight of crypto is being transferred to the OJK from Bappebti.
As new regulations take shape, will Indonesian investors' interest in crypto hold?
PE firm L Catterton buys into Italy's affordable cosmetics brand KIKO in $1.5b deal
Apple renews talks with OpenAI for iPhone generative AI features: report
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Shanghai presses ahead into secondary market with new 10b yuan fund
More Stories
Decarbonization Partners hits final close of debut fund at $1.4b, surpasses target
Singapore’s Keppel set to raise over $2.7b across three funds this year
Schroders Capital’s $12.3b renewables arm to make next move in Asia
After blistering growth, Indonesia’s data centre firms shift focus to stability, margins
Vietnam-based Masan’s FMCG unit weighs IPO among fundraising options
Private Equity
L Catterton has already invested in more than 30 beauty brands.
Apple has been slower in rolling out generative AI than rivals Microsoft and Google.
Earnings and Results
Alphabet and Microsoft ignited a rally in tech stocks on Friday.
State capital investors have emerged as a driving force in China’s fledgling secondary market amid a tepid exit landscape.
India
The pre-Series A funding round was led by Motion Ventures and July Ventures.
Greater China
Wong will serve as an advisor to the board for the remainder of the calendar year.
Advent will merge online pharmacy unit ‘Apollo 24/7’ with pharmacy distributor Keimed.
The round in Lyskraft has been led by Peak XV Partners.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.