People
Founder Manan Khurma is returning as the CEO to run the company’s day-to-day affairs.
Berkshire Hathaway sells $59m worth of shares in Chinese EV maker BYD
Japan's SMBC, Incubate Fund launch new vehicle in SG for fintech investments
S Korean e-grocery platform Kurly raises $91m from existing investors Aspex, Anchor
Chinese automaker BYD to manufacture EVs in Vietnam
Sequoia-backed Indian edtech firm Cuemath lays off 100 employees
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Indonesian coffee chain Kopi Kenangan brews ambitious global expansion plans
Vietnam’s Sapo Technology in talks to raise $20m in new funding round
Taylor’s Education Group owners mull sale of Malaysia, Vietnam universities: Report
SEA Digest: CAV closes first fund, MoneyLion exits digital Islamic bank consortium; Salim Group backs Mimin
Climate investor TRIREC to raise $100m third fund, to close predecessor at $80m
Deals
The firm said it aims to invest in early-stage startups with larger cheque sizes.
Private Equity
Multiples founder expects the final close of the fourth fund within a year.
The investment would value the Accel-backed firm at close to $500 million.
Analysis
Revenue from operations rose 51% to Rs 2,334 crore in Q4 2023.
Filter Capital and Edelweiss Discovery Fund Series – I led the round.
India
Meesho is looking to work with a leaner organizational structure to achieve sustained profitability
Policy & Regulations
Lessors want the regulator to deregister some of its planes as a step towards taking them back.
Cook is betting that those markets will provide more opportunities for growth.
There was a proliferation of ‘finfluencers’ on social media platforms during COVID-19.