India
Starlink is the third company after Eutelsat’s OneWeb and Reliance Jio to get the licence.
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Atome secures $75m financing from Lending Ark to expand in the Philippines
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Schroders spots big promise in Asia’s underserved lower, mid-market segments
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Global shifts are changing Korean PE model: White Whale Group
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Lack of meaningful exits makes it harder for Vietnam's VCs to raise successor funds
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India Deal Review: Startup funding edges up in May but still below year-ago levels
More Stories
Lack of meaningful exits makes it harder for Vietnam’s VCs to raise successor funds
How Vietnam’s Tiki burned $670m and lost the e-commerce race
Aeon Financial says its M&A deal with Vietnam’s SeABank is void
Stonepeak said to be in talks for $2.1b Yinson buyout: Report
World
China will move to protect the legitimate rights of it companies, its foreign ministry said.
Flipkart is the first large e-commerce player in India to secure an NBFC licence.
Greater China
The head of the trade group representing major automakers raised urgent concerns.
The rules have prevented different subsidiaries of the PIF from investing more in India.
Indonesia
TikTok in January 2024 completed a deal to buy 75.01% of Tokopedia for $840 million from GoTo.
The firm said it has signed multiple contracts for battery swapping stations with CATL and its two units.
The bill establishes a licensing regime for fiat-referenced stablecoin issuers in Hong Kong.
They also asked the government to ensure they receive 90% of the fare from each trip.
Malaysia
IHH has filed to revise damages sought from Japan’s Daiichi Sankyo over its Fortis Healthcare stake