World
The investment would help prevent dilution of PIF’s sub-1% stake in SpaceX.
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Sumitomo Corp's CVC arm launches $63m fund to back Japanese startups
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India Digest: TPG consortium to acquire NBFC; Nykaa eyes stake in 82°E
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Fore Coffee's net profit rises 55% in 2025 as aggressive store expansion lifts revenue
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India's Wipro to acquire SG-based Olam Group’s IT business for $375m
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China issues guidance for e-commerce including for cross-border trade
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Vietnam-based hospitality startup M Village said to be raising fresh funding
General Atlantic offloads most of its stake in PH live-streaming app Kumu
Danantara buys four asset management firms in consolidation push
Indonesia’s Rosé All Day Cosmetics may be weighing strategic sale
Sovereign wealth funds placed record venture capital bets in 2018
KKR fell 1.5%, while Carlyle Group CG.O slipped 2.4%.
Vietnam
Vietnam’s benchmark stock index tumbled 9.3% in March.
India
Fintech firm PhonePe and audio device maker boAt have deferred their listing plans.
It could seek to raise more than $50b in the IPO.
Equity capital markets issuance jumped 40% on the year to $211b in Q1.
Greater China
Chinese space firms are taking advantage of government support to pursue initial public offerings.
It is the latest private space firm to take steps towards an IPO.
It plans to file its draft prospectus with Sebi within a month.
The executive education platform said it plans to enter the market at a later date.
