India
With the close of Norwest 18, the firm’s total capital under management stands at $18 billion.
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India: Canonicus Capital raises $21m in first close of special situations fund
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India: Kotak Alts invests $34.5m in Gainwell Group
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Nvidia CEO Jensen Huang steps down, clouding AI outlook
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Swiggy-backer Norwest raises $4b for largest fund in its 65-year history
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Malaysia weighs law to monitor data centres' operations, chips use
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Greater China
NatureSelect.ai develops AI-driven experiences promoting long-term human-AI relationships.
Singapore
The Pre-Seed round was led by Openspace Capital.
Capital is flowing disproportionately to AI and Embodied Intelligence startups.
The investment marks the fourth portfolio company for Tristar Fund.
CoStone Capital and Wangsu Science & Technology jointly led the deal.
Microdramas are one of the fastest-growing forms of content globally.
The latest fund is raising nearly double that of its predecessor fund which closed at $289m.
Thailand
The firm’s Series D round was announced in March this year.
The vehicle targets biotechnology and healthcare companies.