New York pension commits $38m to China-focused funds
The investments were made through a separately managed account.
India: Fincare Small Finance Bank files draft papers for $182m IPO
Fincare is a “digital-first” SFB with a focus on rural and semi-urban areas.
FuelBuddy acquires MyPetrolPump in an all-cash and stock deal
FuelBuddy works closely with the three oil marketing firms for procurement and distribution.
Three Chinese telecom companies to be delisted by NYSE
The delistings stem from investment restrictions put on Chinese technology firms.
Editor’s take: The week that was — May 3-8
A host of startups in SE Asia made headlines for their proposed IPO plans and fundraising activity.
SE Asia’s last-mile logistics players carve their own niches as competition heats up
As the last-mile space gets increasingly crowded, not all players are likely to survive.
China’s carbon neutrality target gets a leg-up as Three Gorges unit preps for Shanghai IPO
Proceeds from the $3.5b listing will be used for offshore wind power projects.
Sequoia-backed gym chain Supermonkey close to unicorn status post Series E round
China’s gym, health, and fitness industry have been growing by an annualised 8.6% over the past five years.