Private Equity
The fund, which is targeting to raise $250m, has hit the first close.
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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?
Policy & Regulations
MAS will begin evaluating eligible fund managers and strategies for the programme.
Analysis
This edition looks at the rise and diversification of the private credit asset class.
Grab said it is ramping up efforts in various organic initiatives rather than targeting mergers.
People
Chief financial officer Cho Weihao will assume the role of CEO.
Deals
The DFI focuses on climate and nature action, gender quality, and local market development.
Udaan reported a marginal growth in revenue to $685m in FY2024.
Venture Capital
The startup said it will use the fresh funds to support its expansion into North America, Latin America, Europe, and the Middle East.
Earnings and Results
In 2024, Grab reported a loss of $158m, a 67% improvement from a year earlier.
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