Deals
SoftBank and MGX participated in the funding.
1
OpenAI gets $11b funding at $1.25t valuation
2
Neuberger Berman's China unit wins licence for outbound investment
3
Beyond the Buyout: Scale, exits and DPI to unlock Asia’s climate financing gap
4
India: ValueQuest’s Tristar Fund invests $32m in TASE Global
5
MISC-backed consortium offers to privatise Malaysia’s Yinson at $1.8b valuation
More Stories
India’s B2B marketplace Udaan raises $340m, eyes public listing
Chinese AI video generation startup Sand.ai enters unicorn club after $200m round
IFC investing $50m in A.P. Moller’s latest emerging markets infrastructure fund
Policy & Regulations
Neuberger Berman (China) became the second wholly foreign-owned fund manager to receive such qualification.
Analysis
There is a case for building more investment platforms, rather than financing projects one at a time.
Venture Capital
The investment marks the fourth portfolio company for Tristar Fund.
The offer price of 2.50 ringgit per share is 6.4% higher than the preliminary offer in August.
India
Cosmoserve Space has raised funding from Japan-based Rebright Partners, Aranya Holdings and other investors.
Indonesia
Rosan Roeslani said authorities had made progress on disclosure of holdings above 1%.
World
SoftBank is seen as a bellwether for the prospects of AI investment
Greater China
Advanced packaging could eventually account for as much as half the value of a chip product.
This includes a $25m loan tied to a large New Mexico data centre.
