India
The company entered the paints business under the brand name ‘Birla Opus’ only recently.
Taiwan's Shin Kong Life disposes of stake in Warburg Pincus, four other PE funds
L Catterton to form consumer-focused JV in India with ex-HUL chief
Fundraising by Chinese firms in limbo amid tougher scrutiny of IPOs
JPMorgan appoints Rita Chan, Alan Ho as co-senior country officers for China
Sam Bankman-Fried to be sentenced for multi-billion dollar FTX fraud
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PH-focused discount grocery chain DALI raises $25m from Venturi Partners
Indonesian digital wallet LinkAja raises funds from Japan’s Mitsui
HSBC launches $1b ASEAN growth debt fund and $150m SG venture debt fund
Competition heats up in last-mile delivery as e-commerce firms raise their logistics game
Stonepeak sees APAC playing a bigger role in global energy transition
Philippines
Healthtech startup Mesh Bio has issued new shares to Japanese trading and investment company Mitsui & Co.
Rest of Asia
The proposed loan will have a tenor of two years, IFC said.
Nissan said in Dec that it would invest $650m in Ampere.
Thailand
The firm is looking to expand in Southeast Asia and tap growing demand in the region.
Blume Founders Fund, The Gauri Khan Family Trust, Priya and John Abraham too joined.
The loan will be used by NTPC to fund part of its capex needs for Flue Gas Desulphurization.
Indonesia
DealStreetAsia had reported earlier that LinkAja will be roping in a new global investor.
Malaysia
The sale reduced Ekuinas’ stake in ICON to 5.8%.
DNX raised $188m for Japan Fund IV and another $55m for Japan Annex Fund III.