DealStreetAsia

Arnya Realestates Fund Advisors launches third fund with Casagrand

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

IFC weighs $200m financing for Thai non-bank lender Tidlor

The proposed investment will be committed in tranches.

ByteDance secures nearly $30b loan in mega AI push

The loan is the second-largest made in Asia this year after SoftBank raised $40 billion in March.

Oil giant Eneos bets on overseas acquisitions to push growth beyond Japan

It said it would buy U.S. butadiene maker TPC Holdings for about $1.25bn.

Samsung insurance firms to buy London-based Canopius for $1.5b

Samsung Fire and Marine Insurance Co and Samsung Life Insurance Co, are expected to sign a deal to acquire the 50% stake.

ComfortDelGro JV wins $2.7b contract to run Copenhagen Metro

The contract will run for 12 years until 2039, with an option to extend by a further three years.

Editor's Take: The Week That Was—August 24-29

Cutting-edge analyses, interviews, scoops and more in this edition.

Japan's SBI to buy 20% stake in digital broker Ajaib in crypto push

It plans to collaborate with Ajaib to promote circulation of JPYSC.

Medicover India hospitals to be profitable in 18 months, eyes 20-25% margins

KKR is buying Medicover's India business for €1.2 billion ($1.40 billion).

India: Impact investor TILT launches maiden VC fund with $26m corpus

The fund is backed by the Livelihood Impact Fund, along with prominent entrepreneurs, investors.

Australia's sovereign wealth fund CEO Raphael Arndt to step down

Arndt is the longest-serving CEO of Future Fund.

Indian autonomous drone delivery startup Airbound secures $37m

The round was backed by US firms Greenoaks, Lightspeed and DoorDash.

Indonesia's Prabowo inaugurates 14 solar power projects

Total investment in the projects is estimated at $7.62b.

Air India seeks $1.5b from Tata, Singapore Airlines as losses mount

The carrier and its budget unit posted combined losses of $2.33b in FY25.

SEA Digest: BlackSoil Global, Nippon Wealth Management join hands; Danantara starts construction of second waste plant

The partnership will connect Japanese investors with growth companies in SE Asia.

responsAbility closes Asia Climate Fund at $461m

The fund provides private credit to Asian climate companies.

KKR to acquire Japanese beauty platform Ci FLAVORS

KKR is making the investment through its flagship Asia-Pacific private equity strategy.

Chinese robot maker Unitree's post-listing slump sparks bubble fears

Unitree shares steadied on Tuesday after three consecutive days of decline.