India
Nandan Sharma will be replaced by Gensol director Upendra Singh Panwar.
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Maya Bank's first profitable quarter boosts faith in Philippines digital lenders
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LG Electronics delays India unit IPO on market jitters
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Cantor teams up with Tether, SoftBank for $3.6b crypto venture
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Singapore's Keppel posts higher Q1 profit on infrastructure boost
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Insignia-backed fintech startup Surfin Meta raises $26.5m in fresh funding
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Kopi Kenangan set to expand to Taiwan—its sixth overseas market
Bee Alternatives enters VC space with JAFCO Asia acquisition
The fund is expected to target a corpus of around $250m.
Greater China
The companies asked Nvidia to ship around 1 million H20s—roughly a year’s supply.
The firm previously raised funding in August 2024 at a post-money valuation of about $2.2b.
Startups headquartered in Greater China raised less than $9.6b in the period.
Murmurs within the company suggest yet another round of layoffs may be imminent.
POSHS Metal Industries has raised $5m from Aavishkaar Capital’s Global Supply Chain Support Fund.
The firm, which is seeking around $240 million, aims to hit the final close by the year-end.
The agreement aims to enhance vehicle efficiency and environmental performance.
Vietnam
The move is part of efforts to boost national cybersecurity.
