India
The service is currently live only in the national capital region and Bengaluru.
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Senior exits at Northstar hint at imminent merger with Ares
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SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report
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Global trading giants step up presence in India's derivatives markets
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India's Delhivery launches short-haul cargo service taking on Uber, Porter
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Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara
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Blackstone, TPG emerge frontrunners for Metro Pacific Health
Indonesia’s Danantara, Russia’s RDIF ink $2.3b investment initiative
Investigators complete eFishery vendor fraud probe
Northstar’s Sunata Tjiterosampurno to join Indonesia’s Danantara
Inside Maharlika’s playbook to launch a suite of sector-specific funds
Indonesia
Alleged fraud estimated to have caused losses of around $2.4m.
Greater China
In China, consumer confidence has been hit by the property crisis and wage growth concerns.
The round also included investments from Gemba Capital and Titan Capital.
Flipkart is the first large e-commerce player in India to secure an NBFC licence.
With China’s ByteDance-owned TikTok still facing a ban in the US, RedNote is seen as an alternative.
Imarticus Learning has acquired edtech platform MyCaptain for nearly $5.84 million.
Snabbit plans to expand across major Indian metro cities and enter over 200 micro-markets.
This follows Flipkart’s earlier infusion of $81m into Myntra’s Singapore holding entity.
Revenue rose 18.1% as it targeted cost-conscious Chinese consumers with value-for-money products.