Earnings and Results

SingTel’s Q1 profit rises on exceptional gain from diluting Airtel stake

Singtel's net profit rose 42.9% to S$690 million in Q1.

Deals

Indonesia’s Superbank secures $73m more from Grab, Singtel, KakaoBank

The investment will support Superbank’s services and product innovations.

Deals

Data Vantage: Alodokter, Beep, DACHIN, GXS Bank and ArrowBiome in focus

Digital health platform Alodokter received fresh funding from MDI Ventures this week.

Deals

GSX Bank receives $169m capital infusion from Grab, Singtel

Grab contributed about $141.5 million, regulatory filings showed.

Deals

Indonesian digital banking platform Superbank launches on Grab app

Grab users and partners will be able to open bank accounts and use it as a direct payment app.

Private Equity

KKR-led consortium to invest $1.3b in SG-based STT Global Data Centres

The investment proceeds will also be used to support the company's international expansion and growth plans

Deals

KKR-SingTel consortium in lead to buy $1b stake in data centre provider STT GDC: report

The consortium is competing with Stonepeak for the 20% stake.

Venture Capital

Australia Digest: AI startup Brainfish raises funding; Optus names new CEO

Machdock Ventures, Black Sheep Capital, and angel investors also backed Brainfish's funding round.

Deals

Singtel’s Australian unit Optus, TPG Telecom agree to network sharing

TPG will increase its mobile network in regional Australia to 2,444 network sites.

Analysis

Temasek-owned Singtel says no “impending deal” to sell Australian unit Optus

Reports had suggested the company was in talks with Brookfield.