Deals
The investment could peg the valuation of the startup at about $60m.
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Robinhood enters Indonesia through Buana Capital, Pedagang Aset deals
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China proposes sweeping new rules to tighten listed company oversight
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US-based Accel, Japan's TDK Ventures eye funding in Indian spacetech firm
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Navis Capital Partners said to near final close of private credit fund
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Malaysia’s multi-billion-ringgit efforts to help build a resilient ecosystem: Khazanah
More Stories
Singapore’s Ikhlas Capital nears Fund II close with major state backing
SE Asian PE Altair Capital scores third exit from debut fund
SG’s Docquity raises $3m in second tranche of Series C1 funding
IPOs & Markets
It plans to sell 49 million shares in the IPO.
Advent had emerged as the frontrunner to acquire a 31% stake in Whirlpool of India.
The bids include $270m raised from anchor investors.
The new funds will help Ultraviolette scale production of its two current models.
Analysis
Global managers are launching dedicated funds to tap into India’s growth story.
The transaction will see EQT become the majority investor in PropertyMe.
Venture Capital
The firm said most of the LPs in Nexus VIII are returning investors from its earlier funds.
Private Credit
The fund will invest in performing and cash-flowing Indian companies.
The REIT is set to raise 35 billion rupees.