India
India Quotient and Equanimity Investments also participated in the round.
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Beyond the Buyout: A tale of two tickers
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Sustainability is the new EBITDA lever for Asian GPs’ portfolios
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Japan's SBI to buy 20% stake in digital broker Ajaib in crypto push
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Vingroup bets on EV taxi Green SM to boost overseas VinFast sales
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KKR, IMM to invest $2.1b in SK Telecom’s AI data centre platform
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GIC said to have held talks to buy EQT’s stake in Singapore healthcare firm
Global peers, PE firms eye CVC’s stake in Samator Indo Gas
SG Digest: 1982 Ventures backs US AI startup; fileAI bags funding
Temasek Trust’s C3H backs UK-based Certain Energy’s $13.6m round
The move mirrors rival Blinkit.
Singapore
The National Competition Commission fined Recess $13,300.
BookMyShow’s backers also include Network18, Accel Partners, and TPG.
Wippi has raised $1.2m in a seed round led by 12 Flags.
Sales and marketing costs surged 64.5% to hold off fast-growing rivals.
Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.
Profitability concerns and intense competition stunt investor enthusiasm.
Its consolidated net profit rose to $8.4m in Q2.
Grab booked a $307m one-off gain in Q2 after it began consolidating Superbank.
