Singapore
GIC-backed Greenko raises $447m, plans acquisition
Greenko Energy, an Indian renewable energy producer owned by the Singapore sovereign wealth fund, GIC Private, has raised $447 million primarily from GIC and the Abu Dhabi Investment Authority (ADIA).
Deal focus: VCs back Ezbuy’s cross-border e-commerce
A group of VCs including China’s Sky9 Capital are backing a global push by Southeast Asian e-commerce operator Ezbuy. The plan will require combining international vision with local knowhow
Singapore biotech player gets $20m Series A
A group of VCs including Yashang Capital and Westlake Ventures have backed a $20 million Series A funding round for Singaporean biotech developer Lion TCR.
VCs invest $17.6m in Singapore's Ezbuy
A group of VCs including IDG Ventures has provided $17.6 million in pre-Series C funding to Singaporean shopping platform operator Ezbuy.
Temasek unit targets $500m PE fund-backed bond issue
Retail investors in Singapore will be able to get exposure to the Temasek Holdings private equity portfolio through a $500 million bond issuance backed by 36 funds, including vehicles managed by The Blackstone Group, KKR, Silver Lake Partners, and TPG...
Singapore’s Dymon joins $15m medical industry acquisition
Singapore-based Dymon Asia Private Equity (DAPE) has teamed up with domestic engineering company Tee International to acquire a medical division of industrial services provider Sembcorp Environment for S$20 million ($15 million).
Indonesia's Alpha JWC to back PayPal incubator start-ups
Indonesia-based Alpha JWC Ventures has agreed to invest up to $5 million in PayPal’s financial technology start-up incubation program for Southeast Asia.
Next 10 secures $50m for user-generated content fund
Next 10 Ventures, a US and Singapore-based GP headed by former YouTube and Warner Bros executives, has raised $50 million for a fund focused on user-generated media content businesses.
GIC backs $117m Asia co-working platform
Singapore’s GIC Private has joined co-working space provider JustCo and local developer Frasers Property to establish a $117 million platform that will focus on co-working space investments across Asia Pacific.
Singapore's M17 Entertainment files for US IPO
M17 Entertainment, a Taiwan and Singapore-based media streaming company, has filed to list on the New York Stock Exchange.
Rakuten, EDBI lead $85m round for classifieds player Carousell
Rakuten Ventures and EDBI have led an $85 million Series C funding round for Singapore’s Carousell, an online flea market shopping app operator.
Singapore's Carro gets $60m Series B
Singapore-based automotive marketplace operator Carro has received a $60 million Series B funding round led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group.
Singapore's Aslan Pharma raises $42m in US IPO
Aslan Pharmaceutical, a Singapore-based drug developer that focuses on cancer treatments, has raised $42.2 million in its US IPO. The VC-backed company listed on the Taiwan Stock Exchange last June.
Singapore's Dymon closes Fund II at $450m
Singapore-based Dymon Asia Private Equity (DAPE) has closed its second fund targeting lower middle-market companies in Southeast Asia with $450 million in commitments. It had initially targeted a corpus of $350 million.
Q&A: PropertyGuru's Steve Melhuish
In 11 years, PropertyGuru has evolved from a Singapore start-up into the leading online real estate listings platform in five Southeast Asian markets. Co-founder Steve Melhuish reviews the ups and downs
Singapore accelerators: Corporate orientation
The rise of corporate-backed innovation programs in Singapore suggests the emergence of a new model for start-up development. Stakeholders are monitoring the pros and cons of the phenomenon
Singapore's RE Lee Capital launches alternatives program
Singapore-based RE Lee Capital has confirmed it will launch a series of alternative asset investment products across the next three months and commit up to $60 million to pre-seed technology start-ups.
Softbank leads $25m round for Singapore fintech player
Softbank Ventures Korea has led a $25 million Series B round for Funding Societies, a Singapore-based financial technology company focused on crowdfunding and peer-to-peer (P2P) lending.
Singapore's Zimplistic gets $30m Series C round
Singapore-based household automation technology developer Zimplistic has raised a $30 million Series C funding round led by Credence Partners and EDBI.
Singapore's Pavilion commits $50m to education fund
Pavilion Capital, a private equity unit of Singapore’s Temasek Holdings, has agreed to invest $50 million in an education fund that will support various country-specific preschool acquisition programs.
Dymon exits Southeast Asia engineering services business
Dymon Asia Private Equity has exited Wah Loon Engineering, which provides engineering services for air conditioning, ventilation, fire protection and electrical systems in Singapore and Malaysia, to France-based Vinci Energies.
Asia education: School's in
Education has emerged as the latest hot sector for private equity in Asia on the back of opportunities created by rising incomes and regulatory change. But higher valuations mean more pressure to deliver
KKR media platform invests $80m in Singapore's GSC
Emerald Media, a pan-Asian media and entertainment platform backed by KKR, has invested $80 million in Global Sports Commerce (GSC), a Singapore-based sports technology and management business that has worked with groups such as the English Premier League...
Singapore, Australia VCs team up for $125m fund
Singapore-based VC firm Hatcher and Australian accelerator BlueChilli will jointly invest a $125 million exchange-traded fund that will back 240 start-ups globally over the next three years.