Rest of Asia
The software unicorn has onboarded over 100 venture capitalists and startups from the region on its platform.
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 fundraising could value Carro, which has valuation of over $1b, even higher.
Hong Kong-listed NetDragon invested in Rokid.
ONE has not raised any funds since its $150m round co-led by QIA in 2021.
InCred is backed by KKR, ADIA, and Investcorp, among others.
The firm had announced raising $200m in its Series E round led by StepStone in August.
01.AI’s local rival Baichuan reached the unicorn valuation in Oct – six months after its inception.
Mixue’s decision to bring the franchise to Hong Kong comes as the firm is reportedly eyeing a first-time share sale in the city.
Google is already an investor in Anthropic.
Seatrium has been working in partnership with Singapore’s Energy Market Authority.