Policy & Regulations
The proposed changes reflect India’s cautious stance on a rise in outward remittances and full convertibility of the rupee.
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India to curb remittance rules, bar offshore time deposits
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Vietnam Digest: Vingroup commits $372m to VinUni; Rec Rec raises seed round
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OpenAI in talks to raise funding from Saudi PIF, India's RIL
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Adani eyes IPO of airport unit by 2027, speeds up $100b capex push
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India Digest: GIVA Jewellery, Snapmint looking to raise funds
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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
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India: Lighthouse Funds invests $35m in construction tech firm Knest
Deals
Of this, approximately $60 million will be allocated to expanding the campus.
The investors could put in at least hundreds of millions of dollars each.
Analysis
Adani Airports operates eight airports across India, including the Navi Mumbai International Airport.
GIVA Jewellery is set to raise nearly $53m, while Snapmint is reportedly eyeing $40m in fresh funding.
Indonesia
The initiative aligns with Indonesia’s national agenda to reduce carbon emissions.
Singapore
Also read about the E-commerce funding scene in SE Asia in Q1 2025.
The firm could start raising its second Asia-focused fund next year.
The layoffs primarily impacted the product and engineering teams.
India
The surge was largely driven by SMBC’s $1.6b acquisition of a 20% stake in YES Bank.
