The companies expect the sale to be completed within 75 days.
India: Mobile entertainment services firm OnMobile to sell 18% stake in Jump Networks
Delta Capital Myanmar invests more money in internet service firm Frontiir
Startups to garner $280b in banking payments revenues by 2025: Accenture
India Dealbook: Lenskart, Kaarya, AttainU, ShoeKonnect, PlusPin raise funds
Lendlease’s REIT seeks to raise up to $539m in Singapore IPO
Innoven Capital clocks maiden deals in Vietnam, backs Tiki and UP Co-working
Asia PE-VC Summit 2019 begins tomorrow
Indonesian startup Base bags seed funding co-led by East Ventures, Skystar Capital
Grab Financial to launch Singapore-Philippines remittance corridor by year-end
EQT Partners plans to launch larger APAC fund by 2022
Kedaara Capital is investing about $55 million in Delhi-based eyewear retailer Lenskart.
GCX Ltd., which owns the world’s largest private undersea cable system, is the latest company owned by the tycoon to stumble.
A prolonged shadow-banking crisis and hurdles in bankruptcy rules have left India holding the world’s worst bad-debt pile.
The payments platform is the new venture of Shailaz Nag, the co-founder of Citrus Pay, which was acquired by PayU in 2016 and rebranded PayU India.
As things stand, there are few signs that another Indian unicorn can deliver a successful exit, either through a sale or a public listing, any time so
Lee Fixel, the former Tiger Global executive responsible for the firm’s most lucrative India investments, is set to return to his favourite stomping
This fund would be slightly bigger than its second fund of $53 million in 2017 as its seed-stage cheque sizes have become larger.
Two of its existing shareholders, General Atlantic and Carlyle, will also infuse funds into the mortgage lender.
Frozen Bottle was founded in early 2017 by Pranshul Yadav and Arun Suvarna.
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