India
DealStreetAsia first reported on its fundraising plans in March, citing talks with Waterfield Fund, among others.
1
Grab's profit jumps 12x in Q1 as growth holds; sticks to full-year targets
2
Indian coffee chain Blue Tokai set to raise $19m from Anicut Capital, others
3
Carlyle buys two US-based healthcare revenue cycle management providers
4
Google, VNG launch Applied AI Lab to accelerate Vietnam’s AI capabilities
5
Three-Circle looking to raise up to $1b in Hong Kong listing
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Malaysia’s Avisena explores fundraise as healthcare deals flood market
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Premji Invest in deal talks with travel products firm Escape Plan
Vietnam
The Applied AI Lab is launching with 10 research groups comprising nearly 60 researchers.
World
The JV will sell AI tools to PE-backed companies.
Malaysia
For Avisena, bringing in a PE partner could support its next phase of expansion.
Rest of Asia
D-TAFS Fund aims to scale to as much as $400m.
The Indian player raised $25-million Series A round led by Jungle Ventures in Feb.
Mittal will hold about 75% of the team along with his family.
ADB expects to finance $15 billion of the digital initiative itself.
The funding also saw participation from Atomberg co-founder and CEO Shibam Das.
The round also saw participation from existing investor Niveshaay.