Deals
The project is being led by US-based AI startup Bitgrit and Japan’s S2.
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Zepto's IPO setback exposes fault lines in Indian quick commerce
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What Vietnamese F&B group Golden Gate's delayed IPO says about PE exits
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India's Ola Electric posts narrower Q1 loss on higher EV sales
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Singapore banks ride Asia's wealth boom to weather rates headwind
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Meat packer JBS to form JV with Danantara unit
More Stories
KV Asia said to be weighing exit from Indo personal care firm
AI startup Acrab raises $130m in Vertex-backed Series B funding
Indosat launches AI infra venture with Ooredoo, NVIDIA and Nokia
GIC explores sale of private fund portfolio worth $1b in secondaries market
Peak XV, EDBI join $700m funding round of AI startup Lumilens
Private Equity
The hacking attempts have caused a stir on Wall Street.
Earnings and Results
It made an investment gain of 1.86 trillion yen over the quarter.
Distributable earnings rose 18% YoY.
Disney’s exit follows the company’s efforts to prioritize streaming and ESPN.
However, the spending spree underpinning its lofty ambitions is not over.
KKR has raised $45b across its latest infrastructure fund vintages globally.
IPOs & Markets
The IPO could be the biggest New York listing of a Chinese company in over a year.
Analysis
The results will test whether SpaceX’s financials justify its lofty valuation.
The investment firm is working with bankers to solicit potential buyer interest in the pipeline operator.