Malaysia
Local media reported that over 100 outlets were temporarily closed.
CUHK Innovation invests in BioMed Technology and 36 Greater China deals worth $299m
Indian PE firm ChrysCapital closes $700m fund to retain stake in NSE
India's Go First lenders weigh liquidation after court allows lessors to take back planes
SEA Digest: ION raises funding; Layoffs at Ninja Van, Yahoo; DailySocial pivot
India: Purplle-backer IvyCap Ventures hits final close of third fund at $252m
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SG hot pot restaurant operator Super Hi files for $100m US IPO
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
GLife Technologies in talks to acquire food supply-chain startup EdenFarm in distress sale
Indonesian media firm DailySocial lays off entire workforce amid “transition”
Temasek-backed AI startup Blaize raises $106m in funding
Thailand
Betagro Ventures will back early-stage startups and also undertake venture building of new businesses.
Vietnam
The company is currently valued at roughly $4 billion.
Rest of Asia
In 2022, BillEase banked a $20m debt facility from Singapore debt investment firm Helicap Securities.
Indonesia
Marketing expenses, which rose 76% YoY, were among the company’s biggest costs in 2022.
Philippines
Vietnamese food chain Homefarm is backed by Alibaba’s eWTP Technology and Innovation Fund.
Greater China
Its $330m IPO is the largest in Hong Kong so far in 2024.
The latest to list is ChaPanda.
World
After a two-year dry spell, US IPOs are expected to rebound in 2024.
VinFast tripled first-quarter revenue but net loss rose 3.5%.