Analysis
Chinese tech group rents server space from state-owned partners in the meantime.
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
Microsoft to invest $2.2b in cloud, AI push in Malaysia
More Stories
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
Deals
Backed by 500 Global, Edukita closed its last funding round in Nov 2022.
Private Equity
Investor appetite has shifted away from cash-burning, high-growth healthtech startups.
Here’s your weekly recap of the most significant developments in Asian private markets in the week that went by.
Tech is still one of the least active sectors in Vietnam in terms of M&A transactions, per a report.
FPT plans to use Nvidia’s support to boost AI research in Vietnam.
IPOs & Markets
The company is currently valued at roughly $4 billion.
Vingroup is also considering listing its hospitality unit Vinpearl and GSM, the taxi unit.
Vietnam-based edtech startup Prep has closed a Series A round.
Regional startups raised a meagre $1 billion in private funding in Q1, the lowest quarterly haul in over five years.