Unicorns
The Warburg-backed firm is said to be raising the round in phases.
1
Grab in talks to join over $100m funding of unicorn lending unit
2
Integra Partners commits $6m in debt and equity to PH proptech Lhoopa
3
Indonesian unicorn Akulaku preparing for Hong Kong IPO
4
OpenAI expects to go public 'within the next year', the Information reports
5
Most withdrawals from Ares private credit fund were from outside US: CEO
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Venture Capital
The equity investment is part of Lhoopa’s $5.68m RCPS round.
Analysis
The company had previously pursued IPO plans in 2022.
IPOs & Markets
Reuters earlier reported the AI giant is targeting a valuation of up to $1 trillion.
Private Credit
It was largely concentrated in small institutions and family offices.
Greater China
It would value Ant International at $10b, sources told Reuters.
India
For EQT, the deal could complement its 2023 take-private of UK-based animal health company Dechra.
Singapore
Arki is planning a public launch later this year.
Chinese enterprises quietly implement small-scale layoffs as they seek AI-linked productivity gains.
World
The consortium has offered A$6 per share.
