Deals
Kuku has so far garnered over $150 million from a gamut of investors.
1
India Digest: Kuku Technologies eyes IPO; AI startup TrueFan secures funding
2
FMO proposes $20m investment in South Asia Growth Fund IV
3
Jakarta prosecutors detain KoinWorks borrower in $33m irregular loan case
4
PE firms Warburg, KKR, TPG in talks to invest in Cloudnine: Report
5
Indian quick commerce startup FirstClub raises $55m led by Peak XV, Sofina
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Private Equity
The vehicle will target climate adaptation and mitigation opportunities in India.
Policy & Regulations
The beneficial owner of FMCG distributor RMS has been detained.
The deal could reportedly value Cloudnine at nearly Rs 10,000 crore ($1 billion).
Existing investors Accel, RTP Global, and Paramark Ventures joined the round.
India
The latest infusion takes the company’s total funding to $28 million.
Rest of Asia
In May, Gentle Monster officially introduced its first AI-enabled intelligent eyewear.
World
Swiss asset manager expects fundraising slowdown in H2 2026 and 2027.
Investors warn the new requirements could slash returns and impede investment.
Abu Dhabi wealth fund ADIA bought a minority stake in the firm in 2023.
