Deals
The investment is the largest in Microsoft’s 32-year history in Malaysia.
India Digest: Infinity Fincorp, Dexif raise funding; Ex-BharatPe COO launches VC fund
Microsoft to invest $2.2b in cloud, AI push in Malaysia
India's Avaada Energy raises $143 in green financing from state lender SBI
Alibaba to build data centre in Vietnam to comply with local storage law
Indonesian conglomerate Astra eyes aggressive EV push in next two years
More Stories
India: Zepto-backer Stride Ventures closes third fund at $165m, lower than Fund II
Warburg Pincus weighs partial exit from Indonesian real estate platform NWP Property
SG hot pot restaurant operator Super Hi files for $100m US IPO
Recommerce platform ReturnKey raises Series A funding
Blackstone reportedly in talks to acquire Dulwich College International’s Asian assets
Analysis
Local media reported that over 100 outlets were temporarily closed.
Venture Capital
Blue Chip founder says $209m fund helps country’s semiconductor industry.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Policy & Regulations
Expedited passes for VCs and unicorns, were among the announcements.
As part of the merger, long-haul airline AirAsia X will take over Capital A’s aviation business.
A non-binding agreement may be reached in the coming months.
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
People
Fernandes said the company’s board requested him to stay on.
The bank reportedly plans to launch a debit card by the end of this year.