Warburg Pincus acquires majority stake in Indian carton maker Parksons
Kedaara Capital AIF 1, Olza Holdings Limited and IIFL have fully exited their investment in Parksons.
Korean battery material maker SKIET looks to price IPO at top of range to raise $2b
The IPO will be the biggest in South Korea since gaming company Netmarble raised $2.4b in 2017.
Blackstone offers to buy additional 26% stake in Indian IT firm Mphasis for $1.1b
Blackstone had bought a 60.5% stake in Mphasis from Hewlett Packard Enterprise Co. in 2016.
Toshiba’s No.2 shareholder 3D Investment Partners wants company to openly seek suitors
Bain Capital, KKR, and Canada’s Brookfield Asset Management are also looking at potential bids.
SG’s StashAway to raise $25m in Series D round led by Sequoia India
Existing investors Eight Roads Ventures and Square Peg also participated in the round.
China’s digital currency trials suggest threat to Alipay, WeChat duopoly
The e-CNY was launched last year in small pilot schemes in four cities.
Superapp battle for Indonesia gets hotter as Grab & GoTo level up to take on Sea
The latest crossover between the giants is the food delivery space in SE Asia’s largest market.
How publicly-listed tech giants will upend SE Asia’s startup ecosystem
Publicly-listed tech firms will increase the liquidity in the market and bring talent to the region.