Analysis
Bar for a deal would be “very high”, said Alex Hungate at Vietnam business summit.
1
Investors pull back from Vietnam’s pureplay digital healthcare sector
2
IFC weighs up to $40m investment in Sri Lanka's CBL Investments
3
Walmart CEO McMillon to retire after a decade, insider Furner named chief
4
Reliance to set up 1 gigawatt AI data centre in India's Andhra Pradesh
5
Grab president downplays possibility of merger with GoTo
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Deals
The partners commenced Punggol’s first AV testing in mid-October 2025.
This edition also examines PE exits in Asia that are showing signs of recovery in 2025.
There were no megadeals in the month.
Earnings and Results
Net loss narrowed 21.7% YoY to S$22.9m, while revenue grew 14.9% to S$1.2b.
Venture Capital
This is the CVC’s first office in Asia.
Podium has secured a six-figure first investment led by Accelerating Asia.
The deal will allow DBS PayLah! users to make QR code payments in more than 100 markets via Ant’s Alipay+.
Private Wealth
It is led by Pantheon managing director and head of International Private Wealth Victor Mayer.
Honest Bank first announced the completion of its round in Oct.
