IPOs & Markets
SoftBank jumped on news that it was selecting banks for a US listing of PayPay.
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Vivo Capital launches new accelerator platform to leverage China's biopharma strengths
3
How indian regulators struggled to contain Jane Street's trading machine
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India Digest: Shivalik Small Finance Bank, Refold AI secure funding
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Aditya Birla Group’s TMRW House of Brands secures $50m from ServiceNow Ventures
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Analysis
The investment marks Zero Two’s foray into SE Asia since its launch in 2022.
Many ask: Why deploy capital into a market where the returns may not justify the risk?
Climate Tech & ESG
The total project cost is estimated at about $500 million.
Private Equity
BPEA Private Equity Fund VIII will purchase stakes from major Remember shareholders, including Ark & Partners.
The PayPay offering may raise more than $2 billion from investors.
The firm beat analysts’ expectations to report a net profit of $2.87b for the April-June quarter.
Deals
The five-year facility will see 90% of funds allocated to micro and SME sub-loans.
Earnings and Results
The group overall logged a net profit of $2.87 billion for the April-June quarter.
It is leading a $40 billion funding round for ChatGPT maker OpenAI.
