Venture Capital
The round was led by Goodwater with participation from Pantera, HongShan and others.
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Domestic capital, regulatory push boost India’s PE-VC market in 2025
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Freshworks eyes acquisitions with $800m cash pile, AI in focus
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Investors show caution, shift to new strategies after recent crypto market bust
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Diageo sells 65% stake in East African Breweries to Asahi for $2.3b
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Coursera to buy Udemy to create $2.5b firm to target AI training
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India: Domestic LPs give PE-VC a boost amid global uncertainty
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SEA Digest: Maharlika to buy 11.2% of Asian Terminals; Keppel exits two SG data centres
Analysis
China has produced the prototype of an EUV machine, critical to AI chips.
Deals
The acquisitions will create China’s fourth-largest investment bank.
Private Equity
Warburg seeks to leverage its global track record to support Acclime’s next phase of growth.
IPOs & Markets
MetaX raised roughly $600 million in an initial public offering last week.
Q3 has emerged as the best quarter for startup fundraising in Greater China so far this year.
The final tranche of $300m would need the lender’s consent.
The IPO could raise $300 million, local Chinese media reported.
Policy & Regulations
The current model encourages investors to stockpile funds for arbitrage plays.
The world’s major cryptocurrencies have been on a roller-coaster ride.