India
BYJU’s handed out pink slips to 2,500 employees less than six months back.
BYJU's fires another 1,200 employees, more layoffs to follow
People Digest: Grab appoints SG politician to handle public affairs; FWD names new CEO
SEA Digest: SG's BandLab acquires beat platform Airbit; Indonesia's Bio Farma, SIRCLO launch Medbiz
HK-based New World weighs sale of majority stake in $1.4b premium office tower
Sequoia Capital leads $12m Series A round in SG-based Freightify
More Stories
Bangladesh B2B startup ShopUp secures $30m debt financing
Creador, Navegar invest in Philippines-focused discount retail chain DALI Stores
Former Gojek exec’s SaaS startup klikit raises $5.6m in seed funding
PH’s Foxmont Capital Partners raises $21.3m for second venture fund
SG wealth management platform Kristal.AI eyes $30m Series B funding
Singapore
Ling has been an MP for the currently governing People’s Action Party for three terms since 2011.
Indonesia
Bio Farma has estimated a 49% drop in revenue in 2022.
Greater China
167 US investors took part in 401 transactions representing $40.2b in investment in the period.
Indonesia targets to have at least 1.2m electric motorcycles and 35,000 electric cars by 2024.
Rest of Asia
Energy X’s total funding to date is approximately $32m.
It had emerged out of stealth with a $2m pre-seed round four months ago.
Yi’an P&C Insurance Co was seized by regulators two years ago.
This implies a move towards banning sale of American technology to Huawei.
Wang Fengying will be responsible for product planning, product portfolio management and sales operations.
