Author: Khushboo Singh

Jio Platforms listed at ₹1,358, a 21% premium to its ₹1,119 IPO price, after India’s biggest share sale, then posted a 13.7% rise in quarterly profit in its first results as a listed company.

Indonesian shares fell to a six-year low after MSCI opened a consultation on cutting the country to standalone-market status, with a decision due by 30 June 2027.

Seoul-based AI chipmaker FuriosaAI has closed a $620 million Series D at a $2.9 billion valuation, led by Korea’s National Growth Fund.

Hitesh Oberoi will step down as Info Edge MD and CEO on 2 December; founder Sanjeev Bikhchandani becomes MD and group CEO from 3 December.

Chinese autonomous delivery vehicle maker Neolix has raised nearly $400 million in a Series E led by Boyu Capital and a national AI fund.

DP World has appointed Jason Varsamidis, its Asia Pacific CFO since 2020, as CEO and Managing Director of the region, effective immediately.

Manila-based fintech Salmon has secured $140 million (PHP 8.8 billion) to scale its credit products and roll out motorcycle and MSME loans.

MET Group has appointed Singaporean LNG executive Esther Ang as CEO of its Singapore-based MET Asia, effective 1 November 2026.

Bengaluru AI infrastructure startup Simplismart has raised $14 million in a Series B led by Dallas Venture Capital, with NVIDIA and Accel joining.

Vietnamese electric motorbike maker Dat Bike has closed its Series B at $26 million, and early backer PIDG has exited after its loan was redeemed.