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Analysis

Nvidia inks MoUs with six Wall Street giants to raise $500b for AI buildout

Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. 

Just InTrending

1

Nvidia inks MoUs with six Wall Street giants to raise $500b for AI buildout

2

Bybit Indonesia lines up slew of products to ramp up user base

3

Sea Ltd's Q2 profit rises 11% as e-commerce, fintech growth offsets higher costs

4

TPG to buy S Korea-based Lotte Group's car rental unit for $925m

5

ESR, INA expand logistics partnership with two new Indonesia projects

More Stories

1

Weak minority exits push Asia PE towards buyouts, says Federated Hermes

2

Google Ventures invests in Singapore startup Engine Biosciences

3

Asian markets provide scale that private credit needs: Värde Partners

4

MAS spinout Gprnt targets $10m Series A funding for Asia expansion

5

Shein turns back to China after Vietnam warehouse experiment fails

Analysis

Bybit Indonesia lines up slew of products to ramp up user base

Bybit plans to launch derivatives, tokenised stocks, futures, Shariah account and payment products.

Earnings and Results

Sea Ltd’s Q2 profit rises 11% as e-commerce, fintech growth offsets higher costs

Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.

Deals

TPG to buy S Korea-based Lotte Group’s car rental unit for $925m

The sale is expected to help Lotte Group secure liquidity to improve financial health and expand hotel business.

Deals

ESR, INA expand logistics partnership with two new Indonesia projects

The projects are being developed in Cikarang, Greater Jakarta.

India

Goldman Sachs taps JPMorgan banker as India investment banking co-head

Chheda will run the business alongside Dev Nambakam.

Greater China

Shein plans to launch Hong Kong IPO as soon as August 19: report

It is targeting a valuation of $30-40b in the IPO.

India

KKR-backed LEAP India’s $260m IPO fully subscribed on final day

The company raised $77.8m from MAS, Morgan Stanley and others in an anchor round.

Greater China

AI-native biotech startup Aureka raises $100m from Granite Asia, HLC

The Series B round brings Aureka’s total funding since inception to nearly $200m.

India

Inflexor Ventures leads funding in Ayati Devices and other India deals

The investment marks Ayati’s first institutional funding.

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