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Deals

India Digest: Rusk Media, Karo Sambhav raise funding

Rusk Media has raised about $10.6m led by Nazara Technologies.

Just InTrending

1

India Digest: Rusk Media, Karo Sambhav raise funding

2

L'Oreal to buy beauty startup Innovist in first Indian acquisition in 13 years

3

Partners Group to split London investment trust as more clients seek exit

4

Temasek, others set for windfall as India's NSE moves ahead with IPO

5

Indonesia regulator approves new IDX board of directors for 2026-30

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CVC to sell 40% in PH’s Fast Group back to founding family

2

PIDG finances digital infra in Indonesia in novel bond issuance

3

Indonesia court sentences MDI, BRI Ventures executives in TaniHub graft case

4

I Squared, DFC to launch $3b Asia energy infrastructure platform

5

Deep tech takes larger share of SE Asia venture market despite wider funding crunch

Deals

L’Oreal to buy beauty startup Innovist in first Indian acquisition in 13 years

L’Oreal’s had acquired Mumbai-based Cheryl’s Cosmeceuticals in Sept 2013.

Private Equity

Partners Group to split London investment trust as more clients seek exit

The move follows a selloff in shares of Partners Group on the Swiss stock exchange on June 3.

IPOs & Markets

Temasek, others set for windfall as India’s NSE moves ahead with IPO

Temasek stands to make Rs 2,067 crore ($220m) via its Aranda Investment arm.

People

Indonesia regulator approves new IDX board of directors for 2026-30

The OJK has approved the name of Jeffrey Hendrik as its president director.

Singapore

Apis Partners invests $50m in Asian workforce financing firm BIPO

BIPO marks the ninth investment from Apis’ latest fund.

India

India’s JBM Ecolife secures $80m from Motilal Oswal Alternates for e-Bus expansion

The capital will support deployment of zero-emission public transport fleets.

Indonesia

Indonesia court sentences MDI, BRI Ventures executives in TaniHub graft case

Court handed down prison sentences ranging from two to five years.

India

KKR eyes at least $1b stake in Medicover’s India hospital arm: report

Sweden’s Medicover owns 66.9% of Medicover Hospitals India.

India

Indian AI startup Pramaana Labs raises $27m funding led by Khosla Ventures

The funding also saw participation from Accel, Boldcap, Nexus Venture Partners and others.

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