India
The financing also saw participation from Lightspeed and Z47.
1
China’s SpacemiT raises $86m to mass-produce chips for AI, robotics
2
China regulator approves American Axle's acquisition of Dowlais Group
3
Sea Ltd infuses $58m in MariBank, lifting paid-up capital to $639m
4
IFC backs Brookfield India REIT with $84m debt, equity investment
5
360 ONE Asset Management to invest $70m in India’s top potato processor
More Stories
Indonesian SaaS startup Opaper’s acquisition opens exit path for global investors
Indonesian D2C eyewear brand SATURDAYS raises $6.3m in fresh funding
Stronger sales, lower marketing spend help Kopi Kenangan narrow losses in 2024
CapitaLand Ascendas REIT acquiring US logistics assets from DHL for $73.8m
Vietnam
Alibaba and SK Group are the only remaining overseas shareholders.
Singapore
George Raymond Zage III, Sentient Enablers Holdings, and EDBI also invested.
The pattern is clear: the market continues to reward profitability.
Zepto has applied via the confidential route.
Zepto was valued at $7b in its last funding round in Oct.
The value-focused Indian e-commerce company’s shares popped 46% on listing last week.
Greater China
This move underscores Alibaba’s strategy to consolidate under the Taobao banner.
World
Suddenly, Netflix has become the thing it disrupted—a mainstream studio.
The company’s shares will debut on the bourse on Dec. 11.