DealStreetAsia - Asia-focused financial news and intelligence platform

The mystery man who bought $100m worth of tokens from Trump's crypto business

Analysis

3h ago

The mystery man who bought $100m worth of tokens from Trump's crypto business

A UAE-based venture calling itself Aqua 1 Foundation bought World Liberty Financial's tokens.

Analysis

16h ago

Catch our top stories of June 2025

People moves and deal scoops from Indonesia and Vietnam were among the most read.

Danantara Indonesia to initially draw down $3b from $10b credit line

Analysis

7h ago

Danantara Indonesia to initially draw down $3b from $10b credit line

Chandra Asri Pacific will be one of the projects funded from the initial drawdown.

Dutch group to acquire Novo Tellus-backed semicon firm in $250m deal

IPOs & Mar...

9h ago

Dutch group to acquire Novo Tellus-backed semicon firm in $250m deal

China Deal Review: Startup fundraising hits six-month high in June

Analysis

17h ago

China Deal Review: Startup fundraising hits six-month high in June

Indonesia's Djarum Group enters healthcare, deepens property play—what’s brewing?

Analysis

17h ago

Indonesia's Djarum Group enters healthcare, deepens property play—what’s brewing?

Beyond the Buyout: Temasek underscores cash flow-generating deals amid market swings

Analysis

15h ago

Beyond the Buyout: Temasek underscores cash flow-generating deals amid market swings

Bitcoin's record lifts crypto stocks as US lawmakers prepare for 'Crypto Week'

Policy & Regulations

3h ago

Bitcoin's record lifts crypto stocks as US lawmakers prepare for 'Crypto Week'

Private Equity

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Indonesia

10h ago

Indonesia's Danantara inks deal with Japan's JBIC for green investment push

The JBIC pact is part of Danantara’s broader strategy to collaborate with global SWFs and investors.

India

Partners Group buys out True North stake in Infinity Fincorp for $230m

This is one of the largest control deals in the sector in recent times.

India

Temasek-backed Manipal Hospitals to buy majority stake in Sahyadri Hospitals

The announcement confirms DealStreetAsia's report in February.

Greater China

Oman launches $200m energy transition fund

Hong Kong-based Templewater will manage the fund.

Vietnam

Despite headwinds, Vietnam's economic flywheel gaining momentum: Warburg Pincus CEO

Don't be paralysed by the moment, said Perlman.

Singapore

Temasek warns of near-term risks in SE Asia as tariff deadline looms

The state-owned investor reported a total shareholder return of 11.8% for FY25.

India

Indian dairy startup Country Delight said to be in talks with GIC, TPG

The company raised $20 million in March this year.

Venture Capital

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Singapore

17h ago

SG-founded eSIM provider Airalo becomes unicorn after $220m CVC-led funding

Peak XV and Antler Elevate also participated in the financing.

Rest of Asia

17h ago

Japanese VC Jafco Group to set up $684m fund to mint 'deep tech' unicorns

Jafco will infuse about 20% of the fund's total.

World

17h ago

Varda Space raises $187m to accelerate development of drugs in space

The funding was led by VC firms Natural Capital and Shrug Capital.

World

17h ago

Bilt Rewards valued at $10.8b in funding round led by General Catalyst, GID

Bilt raised $250m in the round.

Greater China

HighLight Capital joins global investors in backing NUCLIDIUM

The Swiss firm has raised close to $100 million.

New Research Reports

(View all)

Semiconductors: Southeast Asia's strategic ascent

SE Asia faces a once-in-a-generation opportunity to move up the semiconductor value chain

View Latest Report Read Summary

Semiconductors: Southeast Asia's strategic ascent

SE Asia faces a once-in-a-generation opportunity to move up the semiconductor value chain

View Report Read Summary

SE Asia Tech M&A Review 2025

The number of tech M&As in SE Asia fell for a second straight year in 2024.

View Report Read Summary

The State of Deep Tech in SE Asia 2025

Capital raised by deep tech startups fell 34% YoY in 2024, but their share of overall funding rose.

View Report Read Summary

India Deal Review: Q1 2025

Sequentially, startup fundraising increased only marginally in Q1, even as deal volume was up 12.3%.

View Report Read Summary

DATA VANTAGE Newsletters

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Indonesia

Data Vantage: SMDV, East Ventures up stake in SIRCLO and other updates

SMDV and East Ventures acquired additional shares in SIRCLO.

India

Data Vantage: Solv, Emeritus, Pi-xcels in focus and other updates

Solv has issued new preference shares worth $32 million to SC Ventures.

Indonesia

Data Vantage: DEG invests $9.5m in Indonesia’s Waresix and other updates

Waresix is also backed by SoftBank, Temasek, and Tiger Global, among others.

Indonesia

Data Vantage: NewCampus, Believe, and Green Rebel in focus

NewCampus secured $3.3m in capital by allotting shares to a mix of institutional and individual investors.

Deals

(View all)

Brookfield, Stonepeak and Air Liquide shortlisted for Macquarie's $3.6b S. Korean gas firm

Rest of Asia

6h ago

Brookfield, Stonepeak and Air Liquide shortlisted for Macquarie's $3.6b S. Korean gas firm

Alternative investments fintech iCapital valued at over $7.5b in latest fundraise

World

17h ago

Alternative investments fintech iCapital valued at over $7.5b in latest fundraise

Amazon mulls another multibillion-dollar investment in OpenAI-rival Anthropic: report

World

17h ago

Amazon mulls another multibillion-dollar investment in OpenAI-rival Anthropic: report

Huawei seeks AI chip deals in Middle East, Southeast Asia: report

Greater China

17h ago

Huawei seeks AI chip deals in Middle East, Southeast Asia: report

India

18h ago

IFC mulls up to $50m investment in Indian real estate firm TVS Emerald

Beyond The Buyout Newsletters

(View all)

Malaysia

Beyond the Buyout: Dark side of Asia’s private credit boom

This edition also looks at Malaysia’s efforts in its financial centre ambitions.

India

Beyond The Buyout: Co-investments as core strategy for SE Asia’s new SWFs

With the SWFs, Indonesia and the Philippines are creating a more structured landing pad for global capital.

Singapore

Beyond the Buyout: US-China tariff tension eases but investors hold steady

Investors refrain from making changes to their strategies in the absence of a lasting deal.

GreenStreet Newsletters

(View all)

Singapore

GreenStreet: The Nuclear Option

This edition looks at how countries in Asia are looking at bridging the rare earth elements gap.

Singapore

GreenStreet: Minding the decarbonisation gaps

In this edition, we look at how much impact investing has delivered.

Singapore

GreenStreet: Financing the Energy Transition

This edition looks at the rise of private credit in financing climate action.

Climate & Impact

(View all)

Chinese solar stocks shine as Beijing moves to calm price wars

Greater China

17h ago

World's biggest climate fund GCF earmarks $1.2b for projects mostly in Asia, Africa

Analysis

(View all)

World

3h ago

The mystery man who bought $100m worth of tokens from Trump's crypto business

A UAE-based venture calling itself Aqua 1 Foundation bought World Liberty Financial's tokens.

India

4h ago

Inox Clean Energy files for India IPO via confidential route

The offering could be worth around $698.97m, The Mint newspaper reported.

Indonesia

7h ago

Danantara Indonesia to initially draw down $3b from $10b credit line

Chandra Asri Pacific will be one of the projects funded from the initial drawdown.

The LP View

(View all)

Singapore

Pan-Asian funds reshaping SE Asia’s private equity landscape: GreenBear

Malaysia

KWAP finalises 12 global GPs for allocations under Dana Pemacu initiative

Greater China

HK-based Sagamore to explore new relationships with Chinese GPs

Greater China

PE/VC fundamentals in Asia intact despite diminished risk appetite

Greater China

Secondaries represent ‘contrarian opportunities’ in China: LGT Capital

Earnings & Results

(View all)

Rest of Asia

Japan's GPIF records $11.8b annual gain

GPIF posted a gain on its foreign stock holdings and a loss on its domestic bond portfolio.

Rest of Asia

Saudi PIF's annual profit slumps 60% due to high rates, inflation

The sovereign wealth fund's assets exceeded $1 trillion in 2024.

World

Prosus bets on tech investment, beats target with core earnings up 47%

For the first time in its history, Prosus' free cash flow was positive.

World

OpenAI's annualised revenue hits $10b, up from $5.5b in Dec 2024

OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.

Vietnam

EV maker VinFast's Q1 loss widens on higher spending as deliveries rise

Deliveries leapt nearly 300% in Q1, mainly driven by sales in Vietnam, its biggest market.

People

(View all)

Singapore

6h ago

Singapore lender OCBC picks insider Tan Teck Long as next CEO

Tan has over 30 years of experience in banking and joined OCBC in March 2022,

Greater China

People Digest: responsAbility appoints CEO; Gaw Capital names data centre platform head

responsAbility Investments AG has appointed Nadia Nikolova as CEO.

World

Goldman Sachs appoints Raghav Maliah as global head of investment banking

Raghav will continue to serve as co-head of mergers & acquisitions in Asia Pacific.

Interviews

(View all)

Greater China

Taiwan stock exchange looks to tap overseas IPOs from SE Asia, Silicon Valley

India

Peak XV’s second act: From record returns to a reinvention around AI

Singapore

Real estate fund manager Hines sees Asia as next growth engine, driven by India

India

TR Capital prioritises asset quality, market nuances in India investment strategy

Singapore

The mystery man who bought $100m worth of tokens from Trump's crypto business

Catch our top stories of June 2025

Danantara Indonesia to initially draw down $3b from $10b credit line

Dutch group to acquire Novo Tellus-backed semicon firm in $250m deal

China Deal Review: Startup fundraising hits six-month high in June

Indonesia's Djarum Group enters healthcare, deepens property play—what’s brewing?

Beyond the Buyout: Temasek underscores cash flow-generating deals amid market swings

Bitcoin's record lifts crypto stocks as US lawmakers prepare for 'Crypto Week'

Partner Content

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Private Equity

Indonesia's Danantara inks deal with Japan's JBIC for green investment push

Partners Group buys out True North stake in Infinity Fincorp for $230m

Temasek-backed Manipal Hospitals to buy majority stake in Sahyadri Hospitals

Oman launches $200m energy transition fund

Despite headwinds, Vietnam's economic flywheel gaining momentum: Warburg Pincus CEO

Temasek warns of near-term risks in SE Asia as tariff deadline looms

Indian dairy startup Country Delight said to be in talks with GIC, TPG

Venture Capital

SG-founded eSIM provider Airalo becomes unicorn after $220m CVC-led funding

Japanese VC Jafco Group to set up $684m fund to mint 'deep tech' unicorns

Varda Space raises $187m to accelerate development of drugs in space

Bilt Rewards valued at $10.8b in funding round led by General Catalyst, GID

HighLight Capital joins global investors in backing NUCLIDIUM

New Research Reports

Semiconductors: Southeast Asia's strategic ascent

Semiconductors: Southeast Asia's strategic ascent

SE Asia Tech M&A Review 2025

The State of Deep Tech in SE Asia 2025

India Deal Review: Q1 2025

DATA VANTAGE Newsletters

Data Vantage: SMDV, East Ventures up stake in SIRCLO and other updates

Data Vantage: Solv, Emeritus, Pi-xcels in focus and other updates

Data Vantage: DEG invests $9.5m in Indonesia’s Waresix and other updates

Data Vantage: NewCampus, Believe, and Green Rebel in focus

Deals

Brookfield, Stonepeak and Air Liquide shortlisted for Macquarie's $3.6b S. Korean gas firm

Alternative investments fintech iCapital valued at over $7.5b in latest fundraise

Amazon mulls another multibillion-dollar investment in OpenAI-rival Anthropic: report

Huawei seeks AI chip deals in Middle East, Southeast Asia: report

IFC mulls up to $50m investment in Indian real estate firm TVS Emerald

Beyond The Buyout Newsletters

Beyond the Buyout: Dark side of Asia’s private credit boom

Beyond The Buyout: Co-investments as core strategy for SE Asia’s new SWFs

Beyond the Buyout: US-China tariff tension eases but investors hold steady

Subscribe to our newsletters

GreenStreet Newsletters

GreenStreet: The Nuclear Option

GreenStreet: Minding the decarbonisation gaps

GreenStreet: Financing the Energy Transition

Climate & Impact

Chinese solar stocks shine as Beijing moves to calm price wars

Oman launches $200m energy transition fund

Temasek will bet on greener living even as US funds retreat

PIDG tackles private capital's inertia towards climate finance

World's biggest climate fund GCF earmarks $1.2b for projects mostly in Asia, Africa

Analysis

The mystery man who bought $100m worth of tokens from Trump's crypto business

Inox Clean Energy files for India IPO via confidential route

Danantara Indonesia to initially draw down $3b from $10b credit line

The LP View

Pan-Asian funds reshaping SE Asia’s private equity landscape: GreenBear

KWAP finalises 12 global GPs for allocations under Dana Pemacu initiative

HK-based Sagamore to explore new relationships with Chinese GPs

PE/VC fundamentals in Asia intact despite diminished risk appetite

Secondaries represent ‘contrarian opportunities’ in China: LGT Capital

Earnings & Results

Japan's GPIF records $11.8b annual gain

Saudi PIF's annual profit slumps 60% due to high rates, inflation

Prosus bets on tech investment, beats target with core earnings up 47%

OpenAI's annualised revenue hits $10b, up from $5.5b in Dec 2024

EV maker VinFast's Q1 loss widens on higher spending as deliveries rise

People

Singapore lender OCBC picks insider Tan Teck Long as next CEO

People Digest: responsAbility appoints CEO; Gaw Capital names data centre platform head

Goldman Sachs appoints Raghav Maliah as global head of investment banking

Interviews

Taiwan stock exchange looks to tap overseas IPOs from SE Asia, Silicon Valley

Peak XV’s second act: From record returns to a reinvention around AI

Real estate fund manager Hines sees Asia as next growth engine, driven by India