IPOs & Markets
The company is aiming to raise $1.7 billion.
1
Shein's Hong Kong IPO pricing values it at $26.5b
2
Aura Group launches private equity, credit evergreen fund
3
Singapore opposition lawmaker opposes use of Temasek funds to shore up Air India
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India Digest: InspeCity, InstaAstro, TrucksUp raise funding
5
Morgan Stanley increases GoTo stake above 5%
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Private Credit
The fund targets a 5% p.a distribution yield on a semi-annual basis.
Policy & Regulations
It is not the first time the city-state’s flag carrier has been queried about future funding for Air India.
Deals
InspeCity has raised nearly $10.5m led by Speciale Invest and Ashish Kacholia.
The stake increase involved two transactions worth a combined $4.9m.
India
The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.
The funding saw continued participation from previous investors Together Fund and Array VC.
Rest of Asia
The deal may value the startup at about $6b, The Information reported.
Singapore
LemmaTree, founded by Singapore’s Temasek, has joined Graas’s cap table.
The discussions are still at an early stage.
