India: BharatPe appoints Parth Joshi as CMO from Reckitt
Before this, Joshi was the head of marketing – global expansion markets, Reckitt, based out of Singapore.
India: Messaging giant WhatsApp ropes in ex-Amazon Pay director
Manesh Mahatme joined WhatsApp after spending nearly seven years at Amazon Pay India.
Debt-laden Huachen Group, parent of BMW’s China partner, names new chairman
Shen Tiedong has been named as the chairman of Huachen Group.
India: Women wellness brand Nua raises $7.1m led by Lightbox
Nua had raised $4 million in 2019 from Lightbox Ventures and Kae Capital.
Japan’s Sumitomo Mitsui to take 5% stake in Philippine bank RCBC
SMFG will invest around 10 billion yen ($90.3 million) for the 5% stake in the Philippine bank.
Baidu-Geely EV venture Jidu hires ex-Cadillac exec to lead design studio
Jidu aims to invest $7.7b into producing smart cars over the next five years.
Krafton’s $5b Korean IPO could be delayed by a fortnight as regulator raises questions
The IPO is set to be South Korea’s biggest ever.
IFC provides $40m first tranche of financing facility for Vietnam’s SeABank
This is the first phase of an up to $150 million financing package.