Deals
Here are the most significant private equity, venture capital and startup developments from the week that went by.
India Digest: Parseable, Superplum, Cornext raise funding
Chinese subsea cable firm Hengtong Submarine snaps $145m in strategic round
Amazon to spend nearly $9b over four years to expand cloud infra in Singapore
Philippines' PLDT looks to sell up to 49% of data centre business to Japan's NTT
Princeton Digital secures $280m green loan to finance Malaysian data centre campus
More Stories
Singapore’s EDBI in talks to invest in Indian startup unicorn Mohalla Tech
The LP View: Hamilton Lane sees LP-GP alignment as key concern amid rising infra fund mergers
Indonesian conglomerate Astra eyes aggressive EV push in next two years
EQT to acquire digital consultancy firm Perficient for about $3b
Fintech deals surge in Q1 but concerns persist over long-term momentum
Analysis
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
Myanmar
Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.