Deals
The deal comes as Chevron restructures globally to streamline operations and reduce costs.
1
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
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India Digest: EatClub, Namo Realtech raise funding
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India's Yali Capital closes $104m maiden deeptech fund
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SG unicorn Carousell narrows losses in 2024 on higher ad revenue
More Stories
Indonesia’s INA aims to make up for delayed investments in H2, says CIO
Vietnam’s legal gaps in the spotlight as yet another deal turns sour
Peak XV mulls Kopi Kenangan stake sale after Insider exit
Indonesia’s FishLog winds down some units amid financial strain, stalled recovery
GudangAda buys out pandemic-era VCs in coordinated exit as $137m B2B model unwinds
Private Equity
It will invest in homegrown small and midsized businesses to help them scale overseas.
Qapita’s total accumulative paid up-capital has now reached $57m since its inception.
The Dubai-based VC firm has committed an additional $10.3 million to SILQ Group.
Policy & Regulations
Tariff rates remain unchanged at 32% for Indonesia and 36% for Thailand, effective August 1.
Move based on fears that the tech could be diverted to China.
Analysis
Chinese brands dominate Thailand’s EV market with an over 70% share.
The fund will focus on acquiring NPLs and single-asset distress situations in India and SE Asia.
The fund has a mandate to invest in India, SE Asia, and South Korea.
The food-focused private equity firm has deployed the capital from its third fund.