A group of Southeast Asian VCs have committed $12 million to Singaporean automobile marketplace Carro as part of an operational expansion into artificial intelligence (AI)-enabled car financing services.
Northstar Group has completed its S$331.4 million ($238 million) acquisition of Singapore-listed precision components manufacturer Innovalues, outlining plans for bolt-on acquisitions.
Hong Kong and Singapore-based hedge fund manager OCP Asia has raised a $200 million direct lending vehicle to make private equity-style credit investments in small and medium-sized enterprises (SME).
The investment arm of Hubert Burda Media, a European technology and media company that has made LP commitments to several Southeast Asia-focused venture capital funds, has opened an office in Singapore.
B Capital Group has hired former Eight Roads Ventures managing director Kabir Narang as an investment partner in Singapore.
The Australian government has launched a start-up incubation program in Singapore that will focus on emerging industries, including services, and support new export market opportunities.
The emergence of internet-connected manufacturing has created a new investment area that will impact adjacent sectors and even entire economies for decades to come. PE is among the early movers
Canada Pension Plan Investment Board (CPPIB) has teamed up with Caisse de Depot et Placement du Quebec (CDPQ) and Australia-headquartered property company Logos to develop logistics projects in Singapore and Indonesia.
Singapore sovereign wealth fund GIC Private has invested about INR7.5 billion ($113.2 million) for a 13.4% stake in Indian mortgage lender Can Fin Homes.
Northstar Group has withdrawn its interest in Singapore-listed precision components manufacturer Spindex Industries after a consortium led by the company’s chairman acquired a more than 50% stake in the business, putting it on course for a buyout.
Singapore-based hedge fund Dymon Asia Capital has reached a first close of $20 million on its debut venture capital vehicle.
Malaysian VC-backed online-to-offline (O2O) e-commerce company Fave has agreed to acquire Groupon Singapore, extending a string of related bolt-ons in Southeast Asia.
Bigo Live, a Singapore-based social video streaming app, has raised a Series C round of funding from a Hong Kong-based investment arm of Ping An Insurance Group.
Singapore’s EDBI and Philips have formally launched an Asia-focused investment platform that targets companies in digital healthcare services.
Northstar Group may submit a buyout offer for Singapore-listed precision components manufacturer Spindex Industries that exceeds a S$98 million ($69.4 million) bid from a consortium led by the company’s chairman.
Singapore's EDBI and the venture arm of Hewlett Packard’s software spin-off HPE have joined a $21.5 million Series C funding round for an Asian expansion drive by US-based IT company Hedvig.
K2 Global has raised $183 million for its debut venture fund, which aims to promote cross-border development in Asian and US technology start-ups.
The Hong Kong and Southeast Asia business of Fitness First, which is controlled by Oaktree Capital Management, has agreed to merge with Celebrity Fitness, a Southeast Asia gym operator owned by Navis Capital Partners.
Singapore’s Temasek Holdings has opened an office in San Francisco, expanding its US presence following the establishment of a New York office in 2014.
Insurance Australia Group (IAG) has agreed to establish a financial technology incubator in Singapore to focus on promoting start-ups targeting innovation in the insurance industry.
Singapore-based investor CapBridge Investment Trust (CIT) is targeting $100 million for a growth-stage VC fund that aims to improve access to established start-ups for institutional investors.
Singapore's CXA raises $25 million in Series B funding to build out its benefits model that helps both companies and employees fight their healthcare battles more efficiently
Several Asian VC investors have joined a $60 million Series D round for US-based virtual reality (VR) and digital cinematography technology developer Lytro to support its expansion into Asia.
US-based venture capital firm Unitus Impact has led a $6.5 million Series A funding round for Singaporean healthcare technology start-up mClinica.