Indonesia
The financing was a mix of equity and credit.
1
VinFast teams up with Autobrains to develop low-cost self-driving tech
2
Nixa Group partners Rajeev Misra's OneIM to deploy $3b in India alternatives
3
Tencent-backed China LLM unicorn StepFun bags $720m in Series B+ round
4
China's Zijin Gold to buy Canadian miner Allied Gold for about $4b
5
China's Hansoh Pharmaceutical launches $600m convertible bond
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Temasek, True North in talks with Warburg, others to exit Indian healthcare firm
PE majors said to invest in PH discount retailer DALI’s biggest round
Sriwijaya Capital invests up to $20m in Indonesian renewable energy firm SESNA
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Japanese insurer Tokio Marine invests $5m in SE Asian insurtech Igloo
India
The company is not issuing new shares in the IPO and will not receive any proceeds.
The financing also saw participation from Lightspeed and Z47.
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.
