Infinity Fincorp Solutions, an NBFC specialising in tailored property loans for MSMEs, said it has raised $35 million in a funding round led by existing investor Jungle Ventures, a Singapore-based independent VC firm. Infinity, which operates in eight Indian states, lends to micro-entrepreneurs like tea shop owners, vegetable vendors, small machine enterprises, restaurants, provision stores,… Continue reading Indian NBFC Infinity Fincorp raises $35m funding led by SG-based Jungle VenturesJungle Ventures led a $26m funding round in the company last year.
Author: Deal Street Asia Online News
Japan’s NTT ropes in banks for $1b data centre REIT IPO in SingaporeThe proposed listing could be the biggest in Singapore since the $977 million IPO …
Japan’s Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a $1 billion data centre real estate investment trust listing in Singapore, two sources with knowledge of the matter said. The listing, which sources said was likely to take place in the second half of 2025, could help spur IPO activity in Singapore, where $152.3 million in IPO proceeds were raised last… Continue reading Japan’s NTT ropes in banks for $1b data centre REIT IPO in SingaporeThe proposed listing could be the biggest in Singapore since the $977 million IPO …
Kotak fund injects $109m into Indian IPO-hopeful Neuberg DiagnosticsThe investment was from Strategic Situations Fund II.
Kotak Investment Advisors Limited (KIAL), the alternative assets arm of Kotak Mahindra Group, said it has invested Rs 940 crore ($109.4 million) in India’s Neuberg Diagnostics, as it readies itself to list on the Indian bourses. Neuberg has over 250 labs in 250 Indian cities and claims to be the second-largest genomics player in India… Continue reading Kotak fund injects $109m into Indian IPO-hopeful Neuberg DiagnosticsThe investment was from Strategic Situations Fund II.
Apollo weighs $9.5b investment in Seven & i management buyout: reportThe founding family will invest 500b yen and Itochu over 1 trillion yen, Bloomber…
Apollo Global Management is considering investing as much as 1.5 trillion yen ($9.5 billion) in a management buyout of Japan’s Seven & i Holdings, Bloomberg News said on Friday, citing several people with knowledge of the matter. Under the plan, Seven & i’s founding family will invest 500 billion yen in equity, trading company Itochu… Continue reading Apollo weighs $9.5b investment in Seven & i management buyout: reportThe founding family will invest 500b yen and Itochu over 1 trillion yen, Bloomber…
IFC likely to lead AND Global’s Series B round with $7m investmentAND Global, through LendMN, operates a digital lending business in Mongolia.
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India’s Adani to sell up to 20% stake in Wilmar joint ventureAdani will sell up to 13.5% to the public.
India’s Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate looks to comply with minimum public shareholding rules amid plans to exit the consumer goods company. Adani, which holds a nearly 44% stake in the joint venture with Singapore’s Wilmar… Continue reading India’s Adani to sell up to 20% stake in Wilmar joint ventureAdani will sell up to 13.5% to the public.
Shein aims for London IPO by mid-yearThe London listing push comes after the company ended its attempt at a US IPO.
Online fast-fashion retailer Shein is aiming to list in London in the first half of the year, according to two sources with direct knowledge of the matter, assuming it gains regulatory approvals for the initial public offering. The IPO could be completed as early as Easter, which is April 20, one of the people said.… Continue reading Shein aims for London IPO by mid-yearThe London listing push comes after the company ended its attempt at a US IPO.
Wealth management platform Endowus raises $17.5m more in latest funding roundThe additional investment brings the total raised in the round to $52.5m.
Endowus, a Singapore-based licensed wealth advisor backed by SBVA (formerly SoftBank Ventures Asia) has announced raising an additional $17.5 million in its latest funding round. The fresh investment, which brings the total raised in this round to $52.5 million, was led by existing investors Prosus Ventures, UBS, and MUFG. OSK Ventures New and Asia Companion… Continue reading Wealth management platform Endowus raises $17.5m more in latest funding roundThe additional investment brings the total raised in the round to $52.5m.
India’s IPO party likely to continue amid a starry lineup in 2025Mukesh Ambani’s Reliance Jio will be leading the charge, among others.
After a stellar show in 2024, India’s IPO market is once again set to defy global headwinds to continue shining bright in 2025 amid expectations of record-breaking volumes driven by mega listings, robust investor appetite, and a maturing pipeline of startups preparing for public debuts. Go to Source
Blue Earth Capital sees secondaries, private credit spurring growth in impact investmentFirm sees potential GP-led transactions in Southeast Asia
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