Singapore
Deal focus: 90 Seconds simplifies complex video variables
Singapore-based 90 Seconds raises $20 million to expand its online video production networking marketplace
LP interview: CreditEase Wealth Management
Leveraging the online and offline infrastructure of its parent’s P2P lending platform, CreditEase Wealth Management has built a channel for Chinese high net worth money to enter private equity
Singapore investors launch $100m fintech fund
Singapore-based investors Quantum Energy Asset Management and RE Lee International Capital have launched a fund targeting $100 million for early to growth-stage financial technology start-ups.
Singapore's 90 Seconds raises $20m Series B round
Singapore video platform operator 90 Seconds has raised a $20 million Series B from a group including Susquehanna International Group (SIG), Australia’s AirTree Ventures, and Sequoia Capital India.
Singapore AI start-up raises $20m
ViSenze, a Singaporean artificial intelligence (AI) provider focused on e-commerce has received a $20 million Series C round led by China’s Gobi Ventures and the VC arm of Portuguese retail and technology group Sonae.
Hong Kong tax: Playing catch-up
Hong Kong is introducing various initiatives intended to encourage private equity firms to bring more of their operations onshore. A failure to act may see Singapore emerge as Asia’s jurisdiction of choice
Singapore to invest $74m in local start-ups
Singapore’s government plans to invest S$100 million ($74 million) in Singapore-based start-ups and small and medium-sized enterprises (SMEs) in 2019, along with other measures aimed at promoting local businesses.
Novo Tellus buys stake in data center equipment supplier
Novo Tellus Capital Partners has invested S$12 million ($8.8 million) in Procurri, a Singapore-listed provider of IT services and data center equipment.
VC documentation: Standardizing small print
The rapid growth of venture capital in Southeast Asia has fostered the emergence of varied working practices. Singapore’s model investment agreements are intended to help bring order to chaos
Sequoia leads $226m Series D for Singapore's Zilingo
Sequoia Capital India has led a $226 million Series D round for Singapore-based Zilingo, a fashion e-commerce platform and provider of ancillary services.
Deal focus: Singapore Life delivers insurance update
Singapore Life has accelerated plans to digitize the insurance and wealth management industry following a $33 million Series B from Aberdeen Standard Investments and Aflac
Värde promotes Asia credit head to partner
Värde Partners has promoted Haseeb Malik, a senior managing director based in its Singapore office and head of Asia corporate and traded credit, to partner. It is one of three senior promotions announced by the firm worldwide.
Malaysia's OSK invests Singapore's Blue Planet
Malaysian private equity firm OSK Ventures International has made an investment of undisclosed size in Singapore waste management company Blue Planet Environmental Solutions.
Japan's TEPCO backs $100m Southeast Asia cleantech fund
Tokyo Electric Power (TEPCO), Singapore’s WEnergy Global, and ICMG Partners, a start-up accelerator with bases across Asia and the US, have launched a $100 million fund focused on clean energy innovation in Southeast Asia.
Aberdeen Standard backs insurtech specialist Singapore Life
Aberdeen Standard Investments has committed $13 million to financial technology start-up Singapore Life, taking the company’s total capital raised to date to $97 million.
Singapore to help tech start-up IPOs
The Monetary Authority of Singapore (MAS) has created a program that will encourage technology start-ups to list in the territory.
Deal focus: Platinum to power PCI's tech dreams
Platinum Equity plans to use Singapore-based PCI as a platform for more bolt-on acquisitions in Southeast Asia's printed circuit board assembly services market
EQT promotes Brian Chang to partner in Singapore
EQT has confirmed the promotion of Singapore-based Brian Chang to partner. He will be responsible for mid-market activity in Asia.
Platinum to acquire Singapore's PCI for $150m
Platinum Equity has agreed to buy PCI, a Singapore-listed electronics manufacturer owned by local conglomerate Chuan Hup Holdings, for S$203 million ($150 million).
Singapore's Fullerton Fund Management creates PE team
Fullerton Fund Management (FFM), an Asia-focused multi-strategy investment firm controlled by Temasek Holdings, has appointed Huck Khim Tan to lead a newly established dedicated private equity team.
Aflac invests $20m in PE-backed Singapore Life
US insurance giant Aflac has invested $20 million in Singapore Life, a digitally-focused financial technology start-up backed by UK private equity investor IPGL.
Clifford Chance launches Singapore legal tech incubator
Clifford Chance has launched a start-up incubator focused on legal technology and innovation in Singapore.
TNB Ventures, Aura Group close $23m VC fund
Singapore’s TNB Ventures and Australia’s Aura Group have jointly closed a S$31.1 million ($27 million) venture capital fund that will invest in data-driven B2B companies across Southeast Asia.
Natixis merges regional PE units
The asset management business of Natixis has launched a global private equity firm by merging three existing PE affiliates, including Singaporean fund-of-funds Eagle Asia Partners.