Flourish Ventures spots big promise in SE Asia’s fintech innovation
SE Asia has big markets that can come up with their own fintech innovation, said Tilman Ehrbec.
Singtel plans to ramp up funding in SE Asia’s digital service cos
Singtel said it will leverage the customer base it has built through group companies in the region.
Minnesota SBI commits $300m to Blackstone’s second Asia PE fund
BCP Asia II has a target size of $6 billion.
Indian payments giant Paytm said to have kick-started work on $3b domestic IPO
Paytm is said to be eyeing a valuation of $25-30b.
Blank cheque firm PTK merges with Israel’s Valens, says SPACs will become more mainstream
“The market got a little bit carried away with some of the deals that were getting done by SPACs.”
Malaysian budget airline AirAsia’s Q1 loss narrows 4.5%
The group said it focused on providing limited domestic operations in the countries it operates.
China’s market regulator asks Alibaba-backed Nice Tuan to suspend ops
It has also fined Nice Tuan $235,302 for failing to take action over product dumping practices and pricing fraud.
PharmEasy ropes in two i-bankers for India IPO
PharmEasy appointed JM Financial and Kotak Investment Banking for its IPO. A foreign bank may also be hired.