Indonesia
For now, fintech remains a bright spot for GoTo.
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India: Quick commerce helps Swiggy deliver narrower loss, better margins in Q2
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VoidZero raises $12.5m Series A led by Accel to launch unified JavaScript toolchain
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India: SalarySe raises $11m in Series A round led by Flourish Ventures
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Indian digital trade financing firm Drip Capital secures $50m credit line from TD Bank
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China Digest: Ardian opens HK office; Lightspeed China rebrands to Luminous Ventures
More Stories
Ares Management enters Vietnamese healthcare with Medlatec investment
HK’s FundPark raises $71m to ramp up global footprint, AI strengths
Kopi Kenangan eyes $200m raise to facilitate partial exits for Peak XV, Alpha JWC
KV Asia nears first close of $280m private equity fund for SE Asia
Bukalapak stays profitable in Q3 as gaming leads
Moladin’s shift mirrors a broader recalibration in SE Asia’s auto-commerce sector.
Greater China
September saw the completion of seven megadeals, compared with just three in August.
Rest of Asia
The fund is preparing to draft a new strategic plan.
Pony.ai, WeRide, and Ningbo Joyson may cumulatively raise $1.8b from their IPOs.
World
It marked the highest total over the period since 2022.
The money may go to Goldman’s PE, credit and infra funds.
The central question is: Which path will lead to the shores of artificial general intelligence?
Beijing harnesses AI for military advantage.
JPYC said it will begin issuing stablecoins that are fully convertible to the yen.
