Analysis
SVOLT cited unmet expectations in the European market and financial pressures.
Earnings and Results
The firm also improved its net profit margin last year.
Deals
The fibre assets are across Sumatra, Java, and Bali, which aligns with Mitratel's expansion strategy.
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Bintang Capital invests in Malaysia's The Flow Studio
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Saudi Venture Capital invests in female-founded PE firm Aliph Capital
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Global billionaire wealth leaps, fueled by US gains: UBS
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Chinese cosmetics firm Mao Geping to set HK IPO price at top of range
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World
Aliph Capital has acquired a 25% stake in Sanipex Group.
Rest of Asia
The Dubai office is the fund's ninth globally.
It secured commitments from Teachers Insurance and Annuity Association of America and Temasek.
Greater China
Fund managers slow down dealmaking activity amid growing overseas focus.
The transaction was led by TPG with participation from Temasek, Neuberger Berman, and other investors.
Indonesia
DealStreetAsia had reported in June that the hospital was in talks to raise external funding.
Concern about influx of capital as global buyout funds ramp up.
A “significant portion” of the proceeds will be used for M&As APAC.
Malaysia
The national fund-of-funds has an initial capital of $224 million.
India
Glow has raised funds from Framework and Union Square Ventures.
The fresh proceeds will finance the firm’s expansion plans across emerging markets in Asia.
Prosus expects five Indian portfolio firms to list in the next 18 months.
The report delves into SE Asia's logistics sector, including its current landscape, capital flows, challenges, and exit strategies.
Can EVs become a mainstream choice in Indonesia—on time?
Startups headquartered in mainland China, Hong Kong, Taiwan, and Macau raised $12.69 billion in Q3.
Indian startups raised $4.3 billion from private investors in the third quarter of 2024, marking a 17% decline from the previous quarter.
Marketing software unicorn Insider received fresh capital from General Atlantic this week.
Partior has received capital from Emirates NBD, Deutsche Bank, Temasek and Jump Trading.
MooVita has secured funds from Yinson Venture Capital and others.
Indonesian startup Mimin has bagged capital from Skystar Capital and others.
Vietnam
The total number of billionaires had risen to 2,682 from 2,544 a year earlier.
"The figure not that long ago dismissed as fantasy stands as a reality."
It failed to meet an end-November deadline for business registration.
Singapore
Meituan posted a 22.4% rise in Q3 revenue, defying sluggish Chinese consumption.
Travel demand in China has shown signs of a recovery, though economic growth is sluggish.
The move compounds Google's regulatory headaches in India.
The lower losses came despite a roughly 36% fall in revenues
Hillhouse started making investments in Japan as early as 2009.
HKEX has named group CFO Vanessa Lau to become the sole COO.
Aditi Sharma will be the new MD of foodpanda.
