Sauce.VC, DSG back men’s innerwear brand XYXX and nine other India deal updates
XYXX has raised about $4 million in its Series A funding round.
Amazon courts Vietnam merchants to take on China’s Alibaba
The US retailer says pandemic has boosted exports from Southeast Asian country.
Abu Dhabi’s ADQ announces investment in Indian edtech major Byju’s
The round has reportedly valued Byju’s at $16.5 billion.
Indonesia’s OTT firm Asia Vision Network merges with SPAC to launch US IPO
Malacca Straits launched its IPO on July 17, 2020.
Indonesian e-commerce firm Bukalapak seeks to raise up to $800m in IPO
Bukalapak aims to sell 10-15% stake in the company at a valuation of $4-5 billion.
Indian private sector lender ICICI Bank raises capital by issuing bonds
The bonds carry a coupon rate of 6.45 per cent per annum payable annually and were issued at par.
Thai Airways acting CEO resigns after restructuring plan okayed
The airline’s chief of human resources, Suvadhana Sibunruang, will take over as acting CEO.
Blackstone nears $3b deal to acquire office developer Soho China
Soho China went public in HK in 2007 and is known for its futuristic office buildings in the mainland.