Private Equity
The Series D++ round comes as iSpace is moving towards an IPO on the STAR Market.
1
Indian fund manager Motilal Oswal Alternates closes fifth fund at $938m
2
Anthropic opens India office as revenue run-rate doubles in 4 months
3
FountainVest, EMS call off deal for EuroGroup Laminations stake due to India compliance issue
4
Reliance Retail to pilot search and discovery platform in multi-channel push
5
Pravega Ventures leads funding in Otto Money and other India deals
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Analysis
The company said the model beat major US rivals on several benchmarks.
Policy & Regulations
Disney said ByteDance had pre-packaged Seedance with a pirated library of copyrighted characters.
The LP View
The US-based firm has deployed across several large funds in Asia.
Morgan Stanley had no clear plan for its next Asia fund before the secondary vehicle.
Companies on the list are barred from receiving US defence contracts.
Singapore Budget, China startup fundraising, earning reports, and more in this weekly wrap.
Deals
The deal would mark ByteDance’s major retreat from online games.
A Dutch court on Wednesday ordered an investigation into mismanagement at Nexperia.
IPOs & Markets
The company said the potential listing would be through American depositary shares.