India Deal Monitor: E-pharmacy 1MG secures $13.5m and more updates
Tata Digital is reportedly acquiring a controlling stake in Gurugram-based 1mg.
China’s Mindray to buy diagnostic test material supplier HyTest for $661m
Finland’s HyTest has already become a core material supplier to Mindray.
India Deal Monitor: Digital lender Avail Finance raises $3.2m and more updates
The startup targets blue-collar workers in India.
Malaysia’s Genting to ramp up startup investments amid uncertainty in casino business
So far, Genting has deployed $25-30m in startups, said its head of investment Josie Lai.
Peter Thiel-backed Bridgetown launches third SPAC, looks to raise $260m in IPO
The SPAC intends to focus on a target in the technology, financial services, or media sectors in SE Asia.
Taiwan’s Cathay Life Insurance commits $500m to two US-based PE funds
The insurer committed $250 million each to Strategic Partners VIII and LCP IX.
JD Logistics launches Hong Kong IPO to raise up to $3.4b
The company will sell 609.1 million shares, which is 10% of its total shares.
Cash-rich South Korean retail investors rush to IPOs triggering warnings of a bubble
Low interest rates are pushing small investors to stocks.