Indian health insurer Niva Bupa has filed for an initial public offering (IPO) to raise up to 30 billion rupees (nearly $360 million), draft papers showed on Monday. The company, majority owned by British United Provident Fund (Bupa), said it will issue fresh shares worth up to eight billion rupees as part of the offering.… Continue reading Indian health insurer Niva Bupa looks to raise $360m in IPOBupa Singapore Holdings and Fettle Tone will sell shares in the IPO.
Author: Deal Street Asia Online News
IFC proposes $60m loan to Indonesian steel producer Gunung Raja
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Google buys stake in BlackRock-owned Taiwan solar power firm New Green Power
Google said it has taken a stake in Taiwan’s New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors… Continue reading Google buys stake in BlackRock-owned Taiwan solar power firm New Green Power
Investor backing paves the way for more Thai startup IPOsThailand’s once-lacking startup landscape is starting to flourish with funding from VCs as we…
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SE Asia’s renewable energy potential hinges on policy reforms, deregulation: Macquarie Asset ManagementDeregulation is key to stimulating energy trans…
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PharmEasy-backer Orios Venture Partners delays third fund close yet againThe fund is now expected to hit the final close in Dec 2024.
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Six months on, TikTok-Tokopedia merger reshaping Indonesia’s e-commerce landscape
Six months after the merger between TikTok and Tokopedia, ByteDance’s e-commerce ecosystem seems to have undergone significant changes, marked by layoffs and strategic shifts. But more importantly, it has raised questions about the impact of the merger on Indonesia’s e-commerce industry as a whole. Go to Source
Australia’s First Super picks Stafford for $147m PE co-investment mandate
Australian pension fund First Super has picked independent private markets investment and advisory firm Stafford Capital Partners for its A$220 million ($147 million) Australian private equity (PE) co-investment programme. The development was confirmed by Stafford Capital Partners on its LinkedIn page, adding that the mandate came less than a week after it was awarded an… Continue reading Australia’s First Super picks Stafford for $147m PE co-investment mandate
Indonesian vegan cosmetics brand ESQA raises $4m in Series B funding
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Vietnam-based GenAI Fund to invest in 50 SE Asian startups through debut fundThe AI-focused fund was launched in Vietnam earlier this year by two form…
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