The past week saw several fundraisings and deals in the climate sector.
Editor’s take: The week that was—Nov 27-Dec 2
Clouds gather over Alibaba's key unit after IPO plans scrapped
Canada's Brookfield raises record $28b for infrastructure fund
OpenAI defers launch of custom GPT store to early next year
US to limit Chinese content in battery parts eligible for EV tax credits
One of the biggest constraints for Asia’s private credit sector is talent: Elham Credit’s Siddhartha Hari
Wellington Management emerges as an outlier amid late-stage funding crunch
People Digest: Golub Capital opens Hong Kong office; KKR announces key appointments
IHH Healthcare seeks acquisitions in Indonesia, Vietnam; eyes turnaround in China
Indonesia’s Bank Jasa banks on Astra’s ecosystem to make a mark in digital banking
The Mayani and GCash partnership will facilitate loans for organised farmers and fisherfolk in rural areas.
IPOs & Markets
Bursa Malaysia stock exchange had classified both AirAsia X and Capital A as financially distressed companies.
Policy & Regulations
Former Binance chief Changpeng Zhao stepped down as CEO last week.
Data centres use significant amounts of energy and water resources to fuel power-hungry servers.
The healthtech sector has defied the wider dealmaking slowdown in the first nine months of 2023.
The country now has 1,100 startups, 60 incubators and accelerators, and 50 VCs.
Japanese companies are investing in Indonesia’s geothermal sector.
Giift issued shares to UK-based private equity firm Apis Partners and another investor last week.
Kickstart Ventures, Gentree Fund, and Innoven Capital also participated in the Series A+ round.