World
The layoffs began the same day for teams in Asia and Europe, Middle East and Africa.
1
Swiggy to invest $115m in supply chain unit amid quick-commerce expansion
2
India Digest: Head Digital Works to buy Deltatech Gaming; MobiKwik to acquire stake in Blostem Fintech
3
Good Glamm said to be selling ScoopWhoop at a fraction of purchase price
4
China's SAIC, Huawei join hands to develop new smart EVs
5
Alibaba shares open at three year-high as revenue beats estimates
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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
IFC may extend $200m loan for firms in Malaysia, Thailand & India
SFC endorses HK listing of alternative asset funds, specifies criteria for FOFs
Singapore
Chief financial officer Cho Weihao will assume the role of CEO.
Indonesia
The layoffs are part of cost-cutting measures to extend their runway.
Greater China
Qiming initiated a leadership transition last year to allow younger partners to take on more prominent positions.
Lendela’s plans to expand in APAC’s lending market.
India
Rajiv Naresh will take over as Navi Technologies CEO; Abhishek Dwivedi will be CEO of Navi Finserv.
Iarla Flynn, policy head for northern Europe, will serve as the interim policy lead for India.
“The investment in cloud infrastructure is still very much required.”
Lakhani was with the firm for 17 years, while Anand joined in 2012.
Circulate Capital has named Dondi Hananto as head of Indonesia.
