Earnings and Results
Cargo revenue fell 1.9% in Q1 as pricing fell 4.4%.
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Unpredictable cargo demand, Air India financials bring down SIA's profits in Q1
2
Malaysia's MMC Port finalising cornerstone investors with eye on $1.5b IPO: report
3
India Digest: EatClub, Namo Realtech raise funding
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India's Yali Capital closes $104m maiden deeptech fund
5
SG unicorn Carousell narrows losses in 2024 on higher ad revenue
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GudangAda buys out pandemic-era VCs in coordinated exit as $137m B2B model unwinds
Its revenue rose 2.9% to $119.3 million in FY2024.
The company had reported a net profit of $600,000 for the whole of 2024.
Venture Capital
The round was anchored by IFC.
Private Equity
KKR is already a backer of the closely held data center company with a 14.1% stake.
Analysis
This week DealStreetAsia released its latest report—Greater China Deal Review: Q2 2025.
Consistent and meaningful exits may become India’s biggest strategic advantage.
Rival EQT’s BPEA Fund IX most recently mopped up $11.4 billion from the market.
The fund delivered an average annual return of 3.8%, the lowest in past five years.
Deals
The round saw participation from existing backers including Peak XV Partners and Prosus Ventures.