Deals
The funding will be used to deploy 2.2 million smart meters in West Bengal.
1
Vietnamese digital banks face profitability challenge amid aggressive expansion drive
2
Advent-backed Brazilian payments unicorn Ebanx makes SE Asia push
3
VN Digest: HDBank partners LSE; Techcom Securities raises $488m loan; HCMC Fund officially launches
4
India: Polaris Smart Metering secures $80m funding from BII
5
Flipkart plans foray into India's ticketing market as live events boom: report
More Stories
Advent tests market again with potential $400m sale of Singapore’s The Learning Lab
Viewpoint: Indonesia’s consumer sector holds promise for PE but due diligence has sharpened
Wealth funds of China, Indonesia, Azerbaijan launch $1b PE platform
Analysis
Move will pit Flipkart against Accel-backed BookMyShow and Zomato’s District.
Venture Capital
Accel’s latest raise includes a $4-billion Leaders Fund for late-stage investments.
PROMAFT and V3 Ventures led the Series B funding in The Hosteller.
Private Equity
The term sheet is understood to have been already submitted.
InfoEdge Ventures and Kae Capital also invested in GobbleCube.
IPOs & Markets
Current rules stipulate that IPO documents need to be refiled if the planned fundraising amount changes by 20% or more.
Xpheno did not disclose the valuation it plans to target at the IPO.
Libas is also weighing a private equity round.
Earnings and Results
The group reported a net loss of $21.5m in 2025, down 14% YoY.
