Deals
This comes just days after the company sold another subsidiary, Sirona, back to its founders.
1
Trump orders use of CFIUS to restrict Chinese investments in strategic areas
2
Ex-Partners Group exec to tap SE Asia's mid-market bets with debut fund
3
AI startup Genspark raises $100m to compete with Google
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Singapore rolls out tax rebates, $3.7b plan to boost stock market
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Good Glamm said to be selling ScoopWhoop at a fraction of purchase price
More Stories
Ex-Partners Group exec to tap SE Asia’s mid-market bets with debut fund
Grab expects 2025 revenue to grow 19-22% despite uncertainties
Canada’s DFI launches first overseas office in Singapore
SG brand aggregator Una Brands CEO Kiren Tanna steps down
Beyond the Buyout: What’s working for private credit in Asia?
Swiggy’s revenue from supply chain services rose nearly 23% YoY in the Oct-Dec quarter.
Head Digital Works is the operator of e-gaming platforms A23 Rummy and A23 Poker.
IPOs & Markets
It did not give a timeline for when it intends to float an initial public offering.
The Burmans got the central bank’s approval to buy more shares of Religare in Dec.
The proposed loans are for XSD Malaysia, Thailand’s Winchai, and India’s CSB Bank.
The Whole Truth has raised $15 million in its Series C funding round led by Sofina.
Amita Desai will lead the combined entity and join InCorp Global in India as a co-founder.
Udaan reported a marginal growth in revenue to $685m in FY2024.
Private Equity
With this deal, Somerset has cashed out from most of its investments from the first fund.
