Policy & Regulations
Sources said there were concerted efforts to disrupt the EGM.
Fund IV, which hit the final close at $810 million in 2020, is nearing full deployment
Approval of $500m share buyback seen to indicate faith in the company's prospects
Taobao China Software to sell Suning.com stake to Alibaba affiliate
Air China to consult advisers for raising its stake in Cathay Pacific
China explores ways to attract foreign investment, state media says
KKR kicks off process to divest stake in Indonesia-listed bread maker Nippon Indosari
South Korea’s NPS looking to outsource investments to domestic fund managers
Malaysia-based Bintang Capital Partners said to be eyeing $75-150m for second fund
Our reporters track deals with a focus on Private Equity, Venture Capital and M&As across Southeast Asia, India and China, and bring it to your inbox every day.
At $50.5b, funds raised by startups in 2023 were down 5% year-on-year.
As global macroeconomic headwinds and continued geopolitical strife curtailed capital flows in 2023, both deal volume and value declined.
Rest of Asia
Industry experts said Bintang probably set such a wide target due to the uncertain fundraising environment.
Clearlake Capital is seeking $15 billion for the latest vehicle.
Previous backers including Eight Roads Ventures have also re-upped in EurekaBio's round.
Existing shareholders HongShan and Monolith Management participated in the round
The funding valued Abridge at about $850 million.
Investors including Prosus, General Atlantic, Peak XV say they are "deeply concerned about the stability of the company".
The valuation of the Suning stake is far smaller than the $4.6 billion the Chinese e-commerce giant paid for it in 2015.
Air China has spoken to lenders to gauge the availability of financing should it eventually decide to proceed with a deal.
Healint is backed by Wavemaker Partners and Gree Ventures.
PIF is deploying $40-50b annually and would increase that to $70b a year between 2025 and 2030.
Lowercarbon Capital and BHP's VC unit were also among the investors.
The 34 years it has taken to regain its footing is a record, too, for a major market.
The meeting also studied measures to attract and utilise foreign investment, the report said.
Investors expect the CSRC to announce more measures in the coming weeks.
If approved, this would allow Paytm to continue processing payments via UPI.
Singapore-based Garden Impact Fund and Clarion Newlife Capital joined the funding round.