Deals
Microsoft has pledged to train 2.5 million people in Southeast Asia in the use of AI by 2025.
Australia's second-largest pension fund blacklists thermal coal investments
India's Vodafone Idea in talks to avail $1.8b loans over two years
AI-SaaS company AiDash closes Series C round at $58.5m led by Lightsmith Group
Morgan Stanley, India Life Sciences Fund inject $120m into India's Maiva Pharma
India Digest: Infinity Fincorp, Dexif raise funding; Ex-BharatPe COO launches VC fund
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Warburg Pincus weighs partial exit from Indonesian real estate platform NWP Property
India: Zepto-backer Stride Ventures closes third fund at $165m, lower than Fund II
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
People
Beacon VC has partnered Indonesia’s SUN Group to invest in Thai startup ION Energy’s $3-million Series A round.
IFC said the funds will be split between KB Kookmin Card’s subsidiaries in these countries.
Venture Capital
Betagro Ventures will back early-stage startups and also undertake venture building of new businesses.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Analysis
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.
Thai insurtech firm Sunday has issued additional shares to its largest shareholder.
The facility is forecast to produce 50,000 electric and hybrid vehicles in the first phase within 2025.
A quick recap of all that happened in the PE-VC world in the week gone by.
Here are the most significant private equity, venture capital and startup developments from the week that went by.