DealStreetAsia

India's AMPIN gets equity investment of up to $100m from Norfund

Norfund has previously invested in India's ReNew Power and Enel Green Power.

India's NSE IPO draws over $10b, traders eye modest listing pop

The $2.3-billion IPO is the country's biggest after Hyundai Motor India's $3.3-billion offering.

New World Development bags Shanghai bourse nod for $570m REIT listing

The REIT listing comes as New World seeks to refinance debt ⁠and bolster liquidity.

Vietnam joins FTSE Russell emerging market benchmark

The index provider estimates the inclusion could redirect up to $6 billion into Vietnam.

China AI developer Z.AI launches $5b Hong Kong share, convertible bond sales

Z.AI, formerly Zhipu AI, went public in HK in Jan and raised about $4b in a follow-on share sale in July.

Tencent-backed Enflame triples in Shanghai debut after $912m IPO

Enflame's debut adds to a rush of listings by Chinese companies seeking to supply AI computing chips.

LeapFrog invests $40m in Marengo Asia Hospitals to fund expansion

Marengo aims to double its hospital bed capacity to 4,000 beds over the next two years.

Indosat, Ooredoo’s Zankore secures $3.1b debt facility for AI infrastructure

Last month, Indosat Ooredoo Hutchison teamed up with Ooredoo Group, NVIDIA, and Nokia to launch Zankore.

Trustar Capital sells Amoy Food to Haitian in China condiments deal

Trustar acquired Amoy’s global business in 2019.

Grab Vietnam drivers call for two-day app boycott, say earnings squeezed

The bigger question: Can ride-hailing platforms remain profitable without losing drivers?

Singapore's DBS faces $1b lawsuit in alleged 1MDB-linked claim

DBS rejected the claim and said it would fight it vigorously.

Granite Asia seeks middle-market opportunities in Asia private credit

It had raised more than a targeted $500 million for its pan-Asia private credit strategy.

JPMorgan names APAC, EMEA tech investment banking chiefs as international co-heads

Mark Fiteny and Matt Gehl will support the bank's technology clients globally in their new roles.

Indian space startup GalaxEye wins US patent for satellite imaging technology

GalaxEye has so far raised around $21 million in funding.

Malaysia's data centres guzzling more power as temperatures soar

Malaysia is attracting ​billions of dollars in investments from major ​global tech ⁠firms.

Indonesia to shift controlling stakeholder of China-funded railway next week

Loan maturity extended to 80 years following talks with Beijing.

Arnya Realestates Fund Advisors launches third fund with Casagrand

The fund will invest in real estate projects across Chennai, Bengaluru and Hyderabad.

Dubai Future District Fund bets on ‘width’ as it accelerates global GP commitments

DFDF is committing to roughly one to two funds a month.