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Deals

Indosat launches AI infrastructure venture with Ooredoo, NVIDIA and Nokia

The new platform, Zankore, aims to develop up to 1 GW of NVIDIA DSX AI Factory capacity over time.

Just InTrending

1

Indosat launches AI infrastructure venture with Ooredoo, NVIDIA and Nokia

2

SGX's annual profit jumps 25% to all-time high

3

India Digest: Pinegap, Mitti Labs and Typsy Beauty raise funding

4

India: HomeRun raises $12m in funding led by Nexus Venture Partners

5

SEA Digest: SMBC Indonesia winds down CVC unit; Funding Societies secures fresh debt

More Stories

1

eFishery investors receive $21.6m as liquidators assess Aqua Bridge proposal

2

GIC explores sale of private fund portfolio worth $1b in secondaries market

3

Lightspeed-backed Multiplier raises $35m to expand professional services platform

4

Indonesia’s Telkom eyes six more divestments as restructuring gathers pace

5

India: IFC proposes $20m investment in Trident India Growth Fund I

Earnings and Results

SGX’s annual profit jumps 25% to all-time high

SGX performance reflects the strength of its multi-asset strategy.

Deals

India Digest: Pinegap, Mitti Labs and Typsy Beauty raise funding

Pinegap has raised $8 million in a Series A funding round led by Stellaris Venture Partners.

Venture Capital

India: HomeRun raises $12m in funding led by Nexus Venture Partners

The fresh capital will help the startup expand into new markets and invest in supply chain and technology.

Deals

SEA Digest: SMBC Indonesia winds down CVC unit; Funding Societies secures fresh debt

The CVC unit has publicly backed only one startup – social commerce platform Dagangan.

India

India Digest: Piper Serica raises capital for new fund; Ex-KKR execs to anchor buyout fund

Piper Serica has achieved the first close for its Bharat Tech Fund.

World

SoftBank books lower Q1 profit, gain on Intel stake

It made an investment gain of 1.86 trillion yen over the quarter.

Greater China

ByteDance founder tells staff to avoid AI distillation

The method uses the outputs of a powerful AI system to train or improve a smaller model.

India

Google’s $15b India data centre project battles water, wildlife concerns

The state’s top court asked the government to defend against allegations levelled by activist group.

India

Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth

Its IPO opens on Aug. 10 and closes on Aug. 12.

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