Salesforce rival Freshworks said to have hired banks for IPO
The stock market debut could value Freshworks at around $10 billion.
Japan’s SoftBank to retire treasury shares after group’s largest-ever buyback
SoftBank has spent more than $20 billion on buybacks since March last year.
Bain-led consortium to acquire Hitachi Metals for $7.5b
Hitachi Metals will be delisted from the Tokyo Stock Exchange.
Indonesia digest: OVO-Prudential Indonesia, Warung Pintar-Reckitt, LinkAja-SRC team up
OVO and Prudential Indonesia will offer a digital sharia life insurance product.
Japan’s SMFG acquires 49% stake in Vietnamese NBFC FE Credit
The deal values the Vietnamese firm at $2.8 billion.
China Digest: GL Ventures backs Sobot; Daoer to raise $75m; Xiaohongshu mulls US IPO
China-focused VC Yunqi Partners also invested in Sobot.
Zomato, India’s food delivery unicorn, files for $1.1b IPO
Existing investor Info Edge is selling about $100 million stake in the IPO.
RAKwireless bags $10m funding and 14 more deal updates from Greater China
Shunwei Capital also participated in the fresh funding round in RAKwireless.