India
The unit of HDFC Bank aims to raise $1.5b from the public issue.
1
Senior exits at Northstar hint at imminent merger with Ares
2
SoftBank's Son pitches $1 trn AI hub in Arizona, plans to partner TSMC: report
3
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
5
Northstar’s Sunata Tjiterosampurno to join Indonesia's Danantara
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Inside Maharlika’s playbook to launch a suite of sector-specific funds
The acquisition is expected to add Rs 150 cr in annualised profit to UGRO.
Stocko will be rebranded as InCred Stocko and integrated into InCred Money.
Half a dozen managers have launched or closed credit funds in just the past month.
Existing investors Fundamentum, Accion, Nuveen, and Maj Invest also participated.
GIC had also led CRED’s funding round in 2022.
US-based IVI may pay $400-450m for ART Fertility Clinics.
Rest of Asia
The model, which was built by state finance and chaebols, has reached its limit.
Vietnam
Accounting information disclosed before the agreement “significantly diverged from reality”.
The fund will invest between $7m and $25m per company.
