Deals
The investment will be used accelerate the rollout of AI-powered vending machines across Indonesia.
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China's memory chip IPO frenzy raises big questions
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SG's Panthera Growth Partners invests $30m in security AI firm Innefu Labs
3
Indian aluminium recycler CMR Green draws $6b bids for $66m IPO
4
China, Hong Kong investors barred from SpaceX IPO on regulatory concerns
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Blackstone-backed Australia's AirTrunk to invest $30b in India by 2030
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French asset manager Eurazeo scouts for SE Asia bets with $20m ticket size
Jakarta prosecutors detain KoinWorks borrower in $33m irregular loan case
Vietnamese dairy firm TH Group approaches PEs for minority stake sale
ZWC Partners invests in parent of Korean eyewear label Gentle Monster
FMO proposes $20m investment in South Asia Growth Fund IV
Policy & Regulations
The beneficial owner of FMCG distributor RMS has been detained.
Venture Capital
The ratings mark a key step in Danantara’s planned entry into global debt markets.
The company has secured funding from a group of strategic and institutional investors.
Prosecutors allege that Makarim was involved in improper laptop procurement.
People
Schroders has roped in Sharon Sim, while FWD Group has appointed Jeffrey Woo.
The funding is through a convertible note round.
The telecom operator found a rare mention in NVIDIA chief executive’s keynote presentation at GTC Taipei.
TBS Energi completed the acquisition of the SG-based business last year.
The investment arm could request funds from the state budget.