COVID-hit Indian airline IndiGo to weigh raising funds through QIP
In January IndiGo had shelved plans to raise $542m through a QIP.
India excludes Huawei, ZTE from list of companies allowed to conduct 5G trials
Ericsson, Nokia, and Samsung’s network unit have been allowed to partner telcos for the trials.
India’s Adani Ports may abandon Myanmar project if found to violate US sanctions
A write-down would not have a material impact as the project accounts for only about 1.3% of the company’s total assets, it said.
SEA Digest: Gojek launches GoTaxi in SG, Mitsubishi-Trendlines to back agri startups
GoTaxi will complement GoCar — the Gojek service that matches customers to private-hire vehicles or taxis.
Data protection firm Acronis raises $250m from CVC Capital, valuation soars to $2.5b
Acronis has now raised $408 million in external funding.
PE firm Novo Tellus’s offer to increase stake in Singapore’s Procurri falls through
Novo Tellus’s offer was not welcomed by other shareholders.
Wealth management platform Nivesh raises $1.6m led by Indian Angel Network
The round also saw participation from LV Angel Fund, others.
US realty investment firm Hines launches APAC fund with $400m from OTPP arm
The fund will be a multi-sector, open-ended, diversified vehicle.