Indonesia
Payments tech firm Optty saw its net loss surge 1.3x in the year ended Feb 29, 2024.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
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Indonesian startup NutriMotion has secured seed funding from Argor Capital.
Indonesian-based TransTRACK has witnessed a flurry of secondary transactions recently.
Rest of Asia
Wealthtech platform Syfe has received capital from Jai Ashok Mahtani, Sudeep Ramesh Namnani and Valar Ventures.
India
Chemicals distributor WWRC received a capital infusion from Tower Capital Asia this week.
Singapore-based Circular has raised new seed extension funding.
Indonesian farming-as-a-service (FaaS) startup Beleaf Farms received fresh capital this week.
Indonesian fitness platform Fit Hub issued shares to investors, including Wavemaker Partners.
Quick commerce firm Zepto received $45.4 million this week from avra.
Philippines
Fintech startup iPiD has issued shares worth $8.25 million to investors.