DealStreetAsia

India: Raghu Vamsi Aerospace Group raises $40m led by Norwest, Skegen

The funding also saw participation from Indus Bridge Ventures and GJNX Ventures.

Hong Kong seeks greater investment, IPO access for Chinese investors

Regulators are also evaluating plans to allow mainland retail investors to subscribe to Hong Kong IPOs.

Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne

MGX has invested in some of the largest AI companies globally including SpaceX's xAI, OpenAI and Anthropic.

Singapore's Temasek names Wendy Koh as finance chief

She joins from Mapletree Investments, where she is group chief financial officer.

eFishery scandal exposes weak spots in Indonesia’s startup funding model

Governance, operational verification, and financial transparency have come into sharper focus now.

Climate investor calls for votes against directors at Japan’s megabanks and trading houses

Market Forces says directors are failing to oversee key financial risks to banks and trading houses.

Tencent, Alibaba in talks to invest in DeepSeek at over $20b valuation

DeepSeek is said to raise at least $300m.

Singapore's Keppel posts slightly lower quarterly profit on weaker real estate

Its asset management fees rose 13% year-on-year to S$108 million ($84.67 million).

EQT raises record $15.6b for latest Asia Pacific PE fund

The fund, BPEA Private Equity Fund IX, was oversubscribed and reached its hard cap.

Indonesian prosecutors seek 6-15 years for three in Chromebook case

Prosecutors allege the trio had “abused their authority”.

Beyond the Buyout: Mubadala, PIF on capital deployment at scale

​​But PIF’s new discipline could put further pressure on Asian managers.

Founders of India's RedTape seek stake sale, solicit Blackstone, KKR interest

The founders looking to sell a majority stake or even their entire holding.

Indonesian fintech JULO's investors eye secondary exits amid funding crunch

Some shareholders are even pushing for a potential strategic sale.

Two family-owned Jakarta hospitals seek funding amid industry consolidation

The promoters are looking for investors to support the hospitals' next phase of growth.

SoftBank races to fulfil $22.5b commitment to OpenAI by year-end: report

To come up with the money, Son has already sold SoftBank's entire $5.8b stake in Nvidia.

KKR backs Dubai analytics firm Premialab with $220m growth investment

The investment will be primarily through KKR's Next Generation Technology Growth Fund III.

Singapore's Olea Global raises $30m to scale trade finance

The Series A round was anchored by Spain's Banco Bilbao Vizcaya Argentaria.

IPO-hopeful unicorn Carro cuts losses in FY25

Net loss narrowed 21.7% YoY to S$22.9m, while revenue grew 14.9% to S$1.2b.