Deals
PolicyStreet has raised $21m in a Series C round led by Cool Japan Fund.
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PolicyStreet welcomes Tokio Marine Asia to cap table and other updates
2
Saudi's $925b wealth fund to deploy more money domestically under new plan
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Don’t put a ring on it, says the man running Grab's AI stack
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LIGHThouse Clinic bags funding amid Indonesia's beauty boom
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India: IFC in advanced talks to back LeapFrog-backed diagnostics firm
More Stories
Cento Ventures leads $4.4m round in Indonesia’s Baskit to scale offline trade
SG-based private credit vehicle deploying to VC-backed firms
KKR to invest $820m in Samsung SDS to expedite AI transformation
IFC plans up to $25m investment in Helicap fintech credit fund
Prosecutors seek 10-year jail term for eFishery co-founder
Policy & Regulations
Local investment will be 80% and international investment about 20%.
Interviews
Grab is keeping its options open, systems flexible, and bets distributed.
It has secured debt funding and is preparing for a larger equity fundraising.
Private Equity
The term sheet is understood to have been already submitted.
Indonesia
The court proceedings outlined alleged financial losses affecting tens of thousands of parties.
India
InfoEdge Ventures and Kae Capital also invested in GobbleCube.
Current rules stipulate that IPO documents need to be refiled if the planned fundraising amount changes by 20% or more.
World
The sector’s rapid expansion into less liquid, harder-to-value loans has raised concerns.
Xpheno did not disclose the valuation it plans to target at the IPO.
