TikTok is entering its final hours in the US ahead of a potential ban effective on Sunday, prompting howls of protest from devoted users of the beloved video-streaming app. Chelsea Rossi could not be happier. The part-time real estate agent from Albany, New York, said she spends a minimum of two hours on the app… Continue reading Addicts see silver lining as TikTok enters its final hours in USTikTok’s secret sauce is its algorithm, which makes it addictive.
Author: Deal Street Asia Online News
Citadel Securities applies for securities licence in ChinaIn 2023, the US firm had hired ex-BlackRock exec Tony Tang to head its China operations.
Citadel Securities, one of the world’s largest market makers, on Friday filed an application for a securities licence in China, about a year after its global CEO expressed interest in entering the market. Billionaire Ken Griffin’s Citadel Securities has become the latest US firm to make a foray into China while Wall Street companies closely monitor any fallout… Continue reading Citadel Securities applies for securities licence in ChinaIn 2023, the US firm had hired ex-BlackRock exec Tony Tang to head its China operations.
Seven Indian startups picked for Indo-US space programmeThe companies include KaleidEO, EtherealX, Shyam VNL.
Seven Indian privately-held startups have been chosen for a first-of-its-kind India-US space and defence collaboration programme, potentially unlocking a lucrative and strategic market for Indian firms, an investor who co-launched the project told Reuters on Friday. The companies include space imaging company KaleidEO, rocket makers EtherealX and AI-driven company Shyam VNL. They will participate in a programme for defence and dual-use technology and explore opportunities to… Continue reading Seven Indian startups picked for Indo-US space programmeThe companies include KaleidEO, EtherealX, Shyam VNL.
India Digest: Bain backs Dhoot Transmission; Temasek-backed Manipal Health eyes $1b IPODhoot Transmission may be valued at around $1b, according to re…
Bain Capital has acquired a stake in automotive component maker Dhoot Transmission Group, while hospital chain Manipal Health Enterprises has invited banker pitches for a $1 billion IPO within the next twelve months. Bain Capital buys stake in Dhoot Transmission US private equity giant Bain Capital has invested in Aurangabad-based automotive component manufacturer Dhoot Transmission… Continue reading India Digest: Bain backs Dhoot Transmission; Temasek-backed Manipal Health eyes $1b IPODhoot Transmission may be valued at around $1b, according to re…
Beyond the Buyout: What awaits Asia’s private equity sector in 2025Don’t miss the most significant developments in PE around the Asia Pacific.
In the first edition of our private equity-focused newsletter, we look at what industry executives are thinking about 2025, and what could help GPs generate DPIs in the year ahead. Don’t miss the most significant developments in PE around the Asia Pacific in the links below. The promise to payout The advent of the new… Continue reading Beyond the Buyout: What awaits Asia’s private equity sector in 2025Don’t miss the most significant developments in PE around the Asia Pacific.
India: Fleet safety firm Netradyne closes $90m Series D round led by Point72Qualcomm Ventures and Pavilion Capital also participated in the round.
US-headquartered AI-powered fleet safety solution provider Netradyne has secured $90 million in a Series D funding round led by global multi-stage investment firm Point72 Private Investments. Qualcomm Ventures and Pavilion Capital also participated in the round. The company, which also operates in India, aims to use the capital raised to boost its research & development… Continue reading India: Fleet safety firm Netradyne closes $90m Series D round led by Point72Qualcomm Ventures and Pavilion Capital also participated in the round.
Bibo closes Series B round and 40 Greater China deals worth almost $792mNIO Capital-backed Bibo has snapped $41m in a Series B funding round.
Go to Source
Amazon to acquire Indian lending platform AxioAmazon is already an investor in Axio.
E-commerce giant Amazon.com has signed an agreement to acquire Indian online lending platform Axio (formerly Capital Float), according to a company statement. “In December, after completing due diligence, we signed an agreement with Amazon for a proposed acquisition of Axio,” the firm said, adding that the transaction will now await the required regulatory approvals. While… Continue reading Amazon to acquire Indian lending platform AxioAmazon is already an investor in Axio.
SG Digest: GenZero leads BeZero Carbon’s Series C round; W Capital Markets bags fundingBeZero’s round saw the participation of the Japan Airlines and …
Temasek-backed GenZero has led BeZero Carbon’s $32-million Series C round, while W Capital Markets Pte Ltd said it has recently raised Series B funding. BeZero Carbon raises $32m in Series C round Singapore-based decarbonisation-focused investment firm GenZero has led the $32-million Series C funding round of global carbon ratings agency BeZero Carbon, according to a… Continue reading SG Digest: GenZero leads BeZero Carbon’s Series C round; W Capital Markets bags fundingBeZero’s round saw the participation of the Japan Airlines and …
Ardian rakes in cash from APAC LPs for largest-ever secondaries fundLPs from the region contributed to slightly over one-fifth of the funds raised.
French private equity firm Ardian has closed a record-breaking secondaries fund at $30 billion with significant contributions from investors in the Asia-Pacific region, according to a statement. Limited partners (LPs) from the region contributed to slightly over one-fifth of the funds raised, underscoring their growing interest in investing in private markets. The remainder of its… Continue reading Ardian rakes in cash from APAC LPs for largest-ever secondaries fundLPs from the region contributed to slightly over one-fifth of the funds raised.