Deals
Here are the most significant private equity, venture capital and startup developments from the week that went by.
KKR's Q1 earnings surge 20% on strong management fees, annuities business
India Digest: Charge Zone, Niqo Robotics bag funding
India: Zepto-backer Stride Ventures closes third fund at $165m, lower than Fund II
Microsoft to open first regional data centre in Thailand
India's Godrej family to split conglomerate into two entities
More Stories
Warburg Pincus weighs partial exit from Indonesian real estate platform NWP Property
SG hot pot restaurant operator Super Hi files for $100m US IPO
Blackstone reportedly in talks to acquire Dulwich College International’s Asian assets
Recommerce platform ReturnKey raises Series A funding
Indian PE firm ChrysCapital closes $700m fund to retain stake in NSE
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.