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DealStreetAsia

Trump family held deal talks to buy stake in Binance’s US arm: WSJ

Binance had reached out to allies of Trump last year offering to strike a deal.

India asks local court to deliver US summons to Adani in alleged bribery case

The summons does not imply an extradition risk for the businessman.

Malaysian EV brands make inroads in local market dominated by BYD, Tesla

The government is promoting affordable EVs.

Blackstone to purchase 40% stake in India’s Kolte-Patil Developers for $134m

The sale will trigger an open offer for Blackstone to buy 26% stake from existing shareholders.

BlackRock to appoint Yu Peihua as new China business chief: report

Yu Beihua was formerly head of AXA's China fund joint venture.

China’s VNET Group launches $400m debt raising for data centre projects

VNET will issue convertible senior notes.

US-blacklisted Zhipu AI pockets fresh funding from Chinese state firm

The company raised $137 million from state firms earlier this month.

Thailand okays $1b investment from China’s Sunwoda for EV battery plant

The Shenzhen-based firm will create 1,000 jobs in Thailand.

India: Pernia’s Pop-Up Shop owner Purple Style Labs bags $40m in Series E funding

The round was led by SageOne Flagship Growth OE Fund and Alchemy Long Term Ventures Fund, among others.

Data Vantage: Akseleran, Genie Financial, InVideo, and others in focus

The number of deals involving female-led startups climbed 19% to 208 in 2024.

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