India
The financing included venture debt from InnoVen Capital and Alteria Capital.
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Adams Street launches $363.5m evergreen fund for venture investments
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China clears Geely's acquisition of 34% stake in Ford's Spanish subsidiary
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Apple supplier Jabil, Adani sign pact for AI data centre equipment JV in India
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SK Group chairman sells 1.34% stake to Dell family office fund for $406m
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SG’s Antares Ventures secures $50m at second close of deeptech fund
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SE Asia Deal Review: Funding plunges 92% in Sept as megadeals dry up
India: Prashanth Fertility in talks with PE, strategic investors to raise funding
DEG proposes $20m investment in Lakeshore Capital’s latest PE fund
Japan’s Itochu acquires 20% stake in PE firm Aspirant Group
Dating app Bumble said to be in talks to go private at $1b valuation
Rest of Asia
Itochu plans to support AI adoption at Aspirant’s portfolio companies.
Singapore
Local partnerships are more important than incentives in building demand: panellists.
AceVector’s IPO opens on September 25 and closes on September 29.
Existing investors Accel, Bain Capital Ventures and Hara Global also participated.
Rentomojo has raised nearly $40m from anchor investors ahead of its IPO.
The firm was placed in the so-called red-flag list by National Securities Depository.
Greater China
Shein plans to buy US brand Everlane for $80m in a step to become a platform.
The company is looking beyond its core Greater China footprint to drive its next phase of growth.
India Quotient and Equanimity Investments also participated in the round.
