Opinion
Unlike the dot-com boom, companies chasing AI today generally have stronger fundamentals.
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Viewpoint: From dot-com to AI—lessons from 25 years of tech booms and busts
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Capstone Copper investor launches $454m block trade
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SoftBank's PayPay buys 40% stake in Binance Japan in digital payment push
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India launches pilot for e-commerce payments via ChatGPT
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HSBC offers $13.6b to buy rest of Hong Kong's Hang Seng Bank
More Stories
Indonesia’s popular oil balm brand seeks up to $3b valuation in new funding round
SG’s Qapita confirms raising $26.5m in Series B funding
SE Asia Deal Review: Startup funding sees sharp rebound in Sept
Sembcorp to acquire India’s ReNew solar unit to boost renewables portfolio
Vietnam’s stock market upgrade paves the way for more diversified offerings
People
Blackstone has appointed Apurva Shah as managing director to lead private credit origination.
Deals
Ideation3X has raised $5m through the issuance of new preference shares to JICN.
Analysis
Private firms raised $547 million across 37 deals in the month.
The deal comes at a time when India is looking to boost investments in renewable energy.
Venture Capital
The announcement confirms DealStreetAsia’s report in August.
The loan facility is to finance firm’s Indonesian operations.
Earnings and Results
Total comprehensive loss narrowed to $5.46 million in 2024 from $13.95 million in 2023.
Net loss narrowed to $39.3 million in 2024 from $48.5 million in the previous year.
Vycarb has sold carbon credits to Stripe and Milkywire.