Venture Capital
Antares has raised $50m for its $100m debut deep tech fund.
1
Singapore's Antares Ventures taps Asian industrials with deep tech fund
2
Hong Kong IPOs face investor demand test as share supply surges
3
SoftBank-backed ShopBack to enter Japan next year through local businesses
4
India's Delhivery posts quarterly profit on strong express parcel growth
5
Foxconn working on a new tie-up with OpenAI, says there is no AI bubble
More Stories
Hesai founders’ Sharpa bags $670m, unveils fully automated robot restaurant
Ares wary of AI chip financing over GPU depreciation risks
India: Piramal Alternatives invests $14m in precision manufacturer Q&Q Solutions
GoTo’s profitability streak faces a more demanding market
TPG raises $1.3b for debut Asia mid-cap fund, surpassing target
IPOs & Markets
At least four companies have postponed or abandoned their HK listings after launching IPOs.
Analysis
Founded in Singapore in 2014, ShopBack has since expanded across SE Asia.
Earnings and Results
The firm derives most of its revenue from its transport vertical.
Any deal would build upon last year’s agreement between the two firms to work together.
World
SoftBank entities owned a 6.6% stake in OPay before the offering.
Singapore
Talks over a possible merger with CapitaLand Investment have collapsed.
Indonesia
The move is part of Akulaku Group’s efforts to reorganise its financial services entities in Indonesia.
Rest of Asia
The 2025-vintage fund has deployed $338 million, according to TPG’s earnings release.
Greater China
The existing team will retain the remaining equity and continue to oversee day-to-day operations.
