Deals
HCLTech will invest $150 million as the lead strategic investor in this round.
1
India: AI startup Sarvam raises $234m in first close of Series B at $1.5b valuation
2
India Digest: Zumutor Biologics, AutoVRse raise funding
3
ESR-backed China-ASEAN fund invests in SG's Racks Central
4
India's Razorpay files IPO papers confidentially
5
Australia's Atlas Arteria rejects IFM Global’s sweetened $5.23b offer
More Stories
German retailer weighing strategic investment in PH hard discounter DALI
Pints AI raises $5.6m, bets on financial sector’s need for auditable AI
Vietnam’s Masan Group in talks to sell 5% in tungsten mining arm
ADB’s $50b power grid push to test bankability of Asia’s energy projects
JIC works to crowd in private capital as Japan’s venture market grows
Zumutor has raised $7.3m from Accel and Bharat Innovation Fund.
It will support Racks Central’s large-scale development in Johor, Malaysia.
IPOs & Markets
The process keeps IPO filings private until the public issue is launched.
It says the revised bid still undervalues the company.
Indonesia
The transaction would mark the second IPO in Indonesia this year.
Singapore
The pre-Series A round was led by Tin Men Capital, while SBI Ven Capital co-led the round.
Philippines
DALI has emerged as one of the Philippines’ fastest-growing retailers.
Rest of Asia
JIC sees its role as a catalyst for global capital flow into the market.
India
The deep tech VC is looking to transfer assets from its first two funds amid growing interest in the sector.
