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Deals

India: Peak XV-backed visa processing startup Atlys raises Series C funding

The startup has a significant presence in the US and India, besides the UAE, UK & Australia.

Just InTrending

1

India: Peak XV-backed visa processing startup Atlys raises Series C funding

2

OpenAI woos private equity giants to join enterprise AI venture

3

KKR-backed PHINMA Education acquires 85% stake in Southeastern Colleges

4

Alibaba CEO to head new AI-focused business group

5

GIC-backed Sunway Healthcare posts 19% revenue growth ahead of $722m IPO

More Stories

1

Novo Holdings eyes SE Asia, Korea as Asia healthcare matures 

2

LPs’ fears of co-investment competition from retail may be overstated

3

Bukalapak rejigs portfolio as it races to fully deploy IPO proceeds by year-end

4

India’s upGrad to acquire rival Unacademy in 100% share swap deal

5

Gaw Capital expands private equity strategy to GCC with $400m fund

Deals

OpenAI woos private equity giants to join enterprise AI venture

It is in talks with TPG, Advent International, Bain Capital, and Brookfield Asset Management, among others.

Deals

KKR-backed PHINMA Education acquires 85% stake in Southeastern Colleges

Following the deal, the school became PHINMA Education’s 14th institution in its network.

People

Alibaba CEO to head new AI-focused business group

The business will focus on building artificial intelligence work platforms for enterprises.

Earnings and Results

GIC-backed Sunway Healthcare posts 19% revenue growth ahead of $722m IPO

Growth was driven by higher patient volumes and expanding bed capacity.

Vietnam

EV maker VinFast’s quarterly net loss widens on rising expenses

VinFast recorded a net loss of 35.2 trillion dong ($1.34 billion) in the final quarter of 2025.

Singapore

Canada pension plan to sell stakes in Asia private equity funds: report

The country’s largest pension fund reportedly started seeking advisers earlier this year.

India

Walmart-backed PhonePe halts IPO plans amid war-fuelled market volatility

Walmart will trim its stake in PhonePe by ‌about 12% in the IPO.

Greater China

Alibaba-backed PixVerse joins unicorn rank after Series C funding

The latest round was anchored by CDH Investments.

India

India: Eversource-backed Ecofy secures $42m funding from BII, others

Existing investors, including Eversource Capital and FMO, also joined the round.

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