Rest of Asia
Including the fund, Sumitomo will have CVC assets under management of $450m.
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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
It is in advanced talks to close a new round with participation from a Japanese investor.
Greater China
The group has identified three AI areas to invest: AI infra, AI platforms, AI applications.
Around 20 institutional investors participated, including Lens Technology and state funds.
Adjusted operating profit rose 183% year-on-year to $32.5 million.
Malaysia
It marks Singapore’s first autonomous passenger service deployed within a residential estate.
The Hong Kong Investment Corporation also invested in the round.
India
Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera participated in the round.
Zhipu has been expanding abroad, particularly in SE Asia.
The fresh funding round will support EPG’s next phase of international growth.
