People
Sinha is the former CEO of Indian fashion e-commerce firm Myntra.
1
Swiggy names Nandita Sinha as CEO of quick commerce arm Instamart
2
Keppel tops S$100b FUM ahead of schedule on strong fundraising
3
Danantara to join Indonesia's Financial System Stability Board
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Inflexor Ventures makes first close of $135m Fund III
5
Bank of Singapore names Benjamin Low as head of alternatives investment
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Editor’s Take: The Week That Was—July 20-25
Analysis
Keppel has set a target of S$200b in funds under management by 2030.
Policy & Regulations
The board is a grouping of financial authorities led by the finance ministry.
India
The fund is targeting a corpus of $135 million.
Bank of Singapore said demand for alternative investments is rising.
Indonesia
Bank Indonesia has been under pressure to support President Prabowo’s growth agenda.
Rize has completed a $20m equity allotment that more than tripled its post-money valuation.
Singapore
The vehicle is Psalion’s third and largest venture fund to date.
Sun Pharma’s acquisition of Organon contributed nearly 89% of the sector’s M&A deal value.
Malaysia
Recent deals have seen GIC, ADIA and CPP Investments back platforms with growing footprints across SE Asia.