Startups
SoftBank Vision Fund 2 led an $800 million investment in Korean AI company Upstage, valuing the enterprise AI platform at $4.5 billion in the largest Asian AI funding round of 2026.
Startups
Cross-border payments platform Nium raised $350 million in a pre-IPO round led by GIC at a $3 billion valuation, ahead of a planned Nasdaq listing in Q3 2026.
Startups
VinFast raised $1.2 billion through convertible bonds and equity to fund factory construction in Indonesia and India as the Vietnamese EV maker expanded beyond its home market.
Startups
Indian startups raised $14 billion through November 2025, a 42% recovery from the previous year, with AI, fintech, and climate-tech attracting the bulk of capital.
Corporate Earnings
GoTo Group posted its first quarterly net profit of $12 million, marking a milestone for the Indonesian tech giant after years of heavy losses.
M&A
Grab Holdings agreed to buy Indonesian logistics startup KirimAja for $780 million, expanding its supply-chain capabilities across Southeast Asia.