India
Groww is reportedly looking to raise between $700 million and $1 billion via the IPO.
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Groww plans to raise about $200m in a pre-IPO round.
The new valuation marks a threefold increase from its previous valuation in April 2023.
DealStreetAsia reported in March that the Indian logistics firm was in talks to raise funds.
Vietnam
The company now positions itself as an “AI assistant”.
Funds will be used to scale its presence in international markets.
Gensol is selling Scorpius Trackers for Rs 350 crore.
Indonesia
The new allegations claim the founders were responsible for losses at the company amounting to $253m.
The company is in advanced discussions to raise another $25m, ET reported.
A potential deal still has to overcome hurdles like regulatory approvals and antitrust concerns.
