Deals
Tiger Global-backed Innovaccer aims to enter new emerging markets with the new funding.
MBK Partners, Young Poong launch $1.5b tender offer for Korea Zinc shares
OpenAI launches new series of AI models with ‘reasoning’ abilities
Blackstone mulls selling stake in visa firm VFS Global
US auto safety regulator opens probe into some VinFast EVs
China’s Ant Group refinancing $6.5b credit line
More Stories
Liquidity crunch stalls fundraising for SE Asia-focused PE funds in H1
[Updated] The curious case of MoneyHero’s bid for MoneySmart
Indonesia’s Sinar Mas, LG CNS JV to build $300m data centre in Jakarta
Mr DIY eyes $300m IPO of Indonesia unit late this year
Hillhouse, GIC, Temasek said to be in talks to invest in Midea’s HK offering: Report
Unicorns
The firm last raised $100m in a Series E funding round led by Tiger Global Management and Vitruvian Partners.
People
Binny has re-entered the e-commerce space with his new venture OppDoor.
Analysis
The company said it recorded positive EBITDA in single-digit crores in Oct.
IPOs & Markets
Flipkart co-founder Binny Bansal makes a full exit from the firm.
Venture Capital
Last year, Tiger Global raised $12.7 billion for Fund XV to back early-stage tech startups.
Existing investors 500 Global, Emphasis Ventures and Better Tomorrow Ventures also backed Monnai.
UAE's sovereign wealth fund Mubadala is a major investor in this round.
NowCoder plans to use the proceeds to expand its user base as well as to add new corporate clients.
Interviews
In 2020, the firm acquired local freight and trucking company Trukita.
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