Zomato is in talks to buy Paytm’s movies and events business as the food delivery platform attempts to beef up its ‘going out’ business. No binding decision has been taken at this stage, Zomato said in a regulatory filing, adding that the discussion is being undertaken “with an intent to further strengthen our going-out business… Continue reading Zomato in talks to buy Paytm’s movies & ticketing biz to beef up its ‘going out’ segment
Author: Deal Street Asia Online News
Asia Digest: Japan’s Arches, PH’s BayaniPay secure fresh fundsArches plans to expand its expert network to include Europe and the US.
Tokyo-headquartered expert knowledge-sharing platform Arches, which focuses on Southeast Asia, has raised $3 million in funding while Filipino fintech startup BayaniPay has secured fresh funds. Knowledge-sharing platform Arches secures $3m funding Arches, a one-stop platform offering expert interviews, research, consulting and talent placement has announced raising $3 million in its latest funding round. The financing… Continue reading Asia Digest: Japan’s Arches, PH’s BayaniPay secure fresh fundsArches plans to expand its expert network to include Europe and the US.
Canadian government, ADB launch $255m climate fund for Asia Pacific
The Government of Canada and the Asian Development Bank (ADB) have launched a CA$360 million ($255 million) fund to invest in climate- and nature-based projects. Canada is providing CA$350 million for the fund, dubbed The Canadian Climate and Nature Fund for Private Sector in Asia (CANPA), with another CA$10 million for technical assistance, while ADB will… Continue reading Canadian government, ADB launch $255m climate fund for Asia Pacific
Hyundai deepens India bet, files for IPO that could be country’s biggestThe IPO will make it the country’s first car maker to go public in two decades…
Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. The IPO will make it the country’s first car maker to go public in two decades… Continue reading Hyundai deepens India bet, files for IPO that could be country’s biggestThe IPO will make it the country’s first car maker to go public in two decades…
Blackstone sells pharma group Geo-Young in first buyout exit in South KoreaBlackstone had bought a controlling stake in Geo-Young from Anchor Equity P…
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The LP View: Swedish govt-backed Swedfund eyes more direct energy deals in emerging countries
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India: VentureSoul Partners, founded by ex-HSBC executives, launches $36m debt fund
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Malaysian DTC firm RPG Commerce’s revenues halve in FY23; losses widen marginally
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New Zealand’s Infratil to raise $704m for data centre investmentsThe fundraising will comprise of an underwritten placement of NZ$1 billion and a non-…
New Zealand’s infrastructure investor Infratil on Monday said it was looking to raise NZ$1.15 billion ($703.8 million) to fund further investment into data centre operator CDC amid increased demand for cloud adoption and generative AI. The fundraising will comprise of an underwritten placement of NZ$1 billion and a non-underwritten retail offer of NZ$150 million. The… Continue reading New Zealand’s Infratil to raise $704m for data centre investmentsThe fundraising will comprise of an underwritten placement of NZ$1 billion and a non-…
Advent, ADIA unit to acquire minority stake in Fisher Investments
Fisher Investments on Sunday said U.S.-based private equity firm Advent International and a unit of the Abu Dhabi Investment Authority (ADIA) have agreed to acquire a minority stake in the money-management firm valuing it at $12.75 billion. Fisher Investments said the investment will be in the range of $2.5 billion to $3 billion. Ken Fisher… Continue reading Advent, ADIA unit to acquire minority stake in Fisher Investments