PPF is also scouting for partners for its Home Credit operations in SE Asia
Czech firm PPF seeks to divest consumer lending biz Home Credit in China
Geely-backed energy storage firm Corun to invest $168m in Chinese new materials business
FAZZ Financial Group raises $60m in Series C funding so far from Tiger Global, Insignia and others
Indian mortgage lender Shubham raises $112m led by UK's BII, LeapFrog, others
SGX-listed Olam's agriculture unit secures $745m loan from UAE banks
[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
Corun will pick up a 30% stake in Dingsheng, a lithium-ion battery materials developer located in southeastern China’s Jiangxi Province.
Semi-Tech raised $80.6 million across its Series A++ and Series B rounds.
IPOs & Markets
Weilong may launch the IPO in the second half of 2022.
PetroChina may divert the funds to more lucrative sites in the Middle East, and Africa.
The funding was led by a Daiwa Securities Group fund.
The exit comes five years after CDH invested in The Better Health Company.
Extended reality includes virtual reality and augmented reality.
Policy & Regulations
Companies supplied items to Russian “entities of concern”, says Commerce Department.
Joffre will pay $21 per share for 106.1 million Playtika shares.