Babson Capital Management has reached a final close of $177.2 million on its latest Asia-focused mezzanine fund.
Singtel Innov8, the early stage investor backed by Singapore telco Singtel, has led a $15 million Series B round for US big data start-up DataTorrent. GE Ventures, and the start-up's existing investors, also took part in the round.
MMI, a Singapore-based hard disk drive components manufacturer owned by KKR, has secured a $520 million term loan and a $60 million five-year secured revolving credit facility to refinance its outstanding debt.
India's Fortis Healthcare will sell its Singapore-based diagnostics arm RadLink-Asia to Fullerton Healthcare Group for S$111 million ($83.5 million).
When brothers Cameron and Bradley Priest, and Carl Thompson, arrived in Singapore from New Zealand to join start-up accelerator JFDI.Asia in 2012, the idea was to create a mobile app that would connect e-commerce companies with third-party platforms through...
DocDoc, the Singapore-based start-up behind the Asian doctor discovery platform of the same name, has raised a Series A round worth S$11.5 million ($8.5 million) from US and Korea-based SparkLabs Global Ventures, and Malaysian conglomerate Hong Leong...
Singapore-based inventory management platform TradeGecko has raised a $6.5 million Series A round of funding led by NSI Ventures and existing investor Jungle Ventures.
Singapore state-backed investment group Temasek Holdings has invested INR9.45 billion ($151 million) in India's Glenmark Pharma via a preferential allotment of shares.
L Capital Asia is being sued in Singapore's high court over its decision appoint administrators to gourmet food retailer Jones the Grocer by the company's former CEO John Manos.
Viswanathan Shankar, Standard Chartered's group executive director and CEO for Europe, Middle East, Africa and Americas is leaving the firm to set up his own private equity fund.
Mercury Capital Investment, a subsidiary of Singapore-listed Mercurius Capital Investment, has teamed up with a Chinese real estate developer to launch a RMB500 million ($80 million) PE fund targeting urbanization projects in China.
Vertex Ventures, a VC subsidiary of Singapore's Temasek Holdings, has led a funding round for online parenting portal theAsianparent, bringing the total raised by the site to S$4.5 million ($3.3 million).
With incomes rising and tastes becoming more refined, Asia represents a growing market for luxury goods. Chocolate is no exception. While supply problems are partly responsible for a 30% increase in global cocoa prices over the last two years, the 60%...
GIC Private has nearly doubled its stake in London-based Merlin Entertainments, operator of Madame Tussaud’s and Legoland, to 5.2%.
Andy Lim, co-founder of Tembusu Partners and founder financial services group MoneyWorld, has launched Singapore's first equity crowdfunding platform.
Koichi Saito, a former partner at Japanese venture capital firm IMJ Investment Partners, has launched his own VC outfit - KK Fund.
KV Asia Capital has invested in Aalst Chocolate, a Singapore-based manufacturer of premium chocolate. Financial terms were not disclosed.
Ontario Teachers’ Pension Plan (OTPP) has led a new round of funding for Singapore-headquartered mobile internet and gaming platform Garena. Existing shareholders also participated.
Astronscale, a Singapore-based start-up that develops satellites to remove space debris, has raised $7.7 million in a Series A round of funding from JAFCO and nine entrepreneurs from Japan.
NSI Ventures, the VC unit of Northstar Group, has led Series A round of funding worth $8 million for Asian insurance and wellness marketplace CXA, alongside consumer and technology fund F&H and healthcare investor BioVeda.
The Singapore Exchange and Clearbridge Accelerator are launching a capital-raising platform for Asian start-ups. Does it represent a much-needed stepping stone between private and public markets?
DBS Bank has launched a venture debt program to support Singapore start-ups, presenting a capital-raising channel that involves little or no dilution of equity.
Eduardo Saverin, co-founder of Facebook and Singapore resident, has led a S$2 million ($1.5 million) round of seed funding for 99.co, a local property listings site. Sequoia Capital also participated alongside several entrepreneurs-turned-investors.