Malaysia
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World
The spilt is expected to finalise by March 31, 2024.
The fund will allocate RM250 million, or 50% of the corpus, for direct investments into startups
India
Manipal Health reportedly bought the controlling stake for about $276.5 million
The Japanese fund has invested in 27 companies in the country so far.
If talks fructify, this would be Amazon’s second deal in the $26b+ Indian beauty and personal care market.
Indonesia
Sources indicated the company was struggling with cash management.
The Series A funding round was led by Peak XV Partners and Elevation Capital.
Shivam Autotech is the 16th investment by Modulus Alternatives.
Greater China
London-based HSBC would also invest $100m in Breakthrough Energy Catalyst.
