India
Wippi has raised $1.2m in a seed round led by 12 Flags.
1
Brookfield forays into Japan housing market with $627m deal
2
India weighs digital onboarding for individual foreign investors
3
China's Z.ai claims new model close to Anthropic's Mythos 5 in cyber-defence test
4
How much did impact investor Lightrock make from Kauvery Hospitals exit?
5
Humanoid robot maker Unitree gears up for Shanghai debut
More Stories
SE Asia Deal Review: Startup funding falls 84% in July after June’s surge
Beyond the Buyout: India’s hospital gold rush has a valuation problem
GoTo says MSCI exclusion is “technical” even as shares remain stuck at floor price
Global PE giants take over top Indian hospitals — who will pay the price?
Indian AI code testing platform Blacksmith raises $45m led by Peak XV
Singapore
Sales and marketing costs surged 64.5% to hold off fast-growing rivals.
Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.
Profitability concerns and intense competition stunt investor enthusiasm.
Its consolidated net profit rose to $8.4m in Q2.
Grab booked a $307m one-off gain in Q2 after it began consolidating Superbank.
The round is likely to see participation from existing backers such as Glade Brook Capital and General Catalyst.
Indonesia
Fintech may be GoTo’s answer to the cap, but it is not a risk-free one.
A former SBI executive has been appointed as the official liquidator.
Sinha is the former CEO of Indian fashion e-commerce firm Myntra.
