Deals
The investors could put in at least hundreds of millions of dollars each.
1
India to curb remittance rules, bar offshore time deposits
2
Vietnam Digest: Vingroup commits $372m to VinUni; Rec Rec raises seed round
3
OpenAI in talks to raise funding from Saudi PIF, India's RIL
4
Adani eyes IPO of airport unit by 2027, speeds up $100b capex push
5
India Digest: GIVA Jewellery, Snapmint looking to raise funds
More Stories
Indonesian digital identity startup Privy lays off 20% staff amid rejig
SUSI Partners sees energy storage, services as next phase of growth in Asia
Ares closes $2.4b Japan data centre fund
Singapore’s ShopBack rewards app scoops up inflation-hit consumers
India: Lighthouse Funds invests $35m in construction tech firm Knest
Analysis
Data on 294 crypto funds shows they attracted $7.05b in net inflows.
IPOs & Markets
Bullish is seeking to capitalise on renewed investor interest in digital assets.
I Squared Capital, Stonepeak, and US firm Air Products have also evinced interest.
Earnings and Results
OpenAI is on track to achieve its revenue target of $12.7 billion in 2025.
The changes could shave as much as one week off the typical 20-week IPO process.
Anglo American is pivoting towards its core assets in copper and iron ore.
Earlier this week, stablecoin issuer Circle went public in a blowout debut on NYSE.
Other crypto IPO hopefuls may feel emboldened to test the public markets.
Policy & Regulations
China will move to protect the legitimate rights of it companies, its foreign ministry said.
