Singapore
Alibaba invests $2b in Southeast Asia's Lazada
Alibaba Group will invest an additional $2 billion in PE-backed online retailer Lazada. It brings Alibaba’s total commitments to the Singapore-based company to $4 billion.
Capital Square-owned Aegis to merge with US-based Startek
Indian business process outsourcing (BPO) service provider Aegis, which was acquired by Capital Square Partners last year, has agreed to merge with US-based counterpart Startek. The deal will give Capital Square control of the combined company.
Deal focus: Electrify’s energy vision switches on VCs
Asian VCs lead a $30 million initial coin offering for Singapore-based blockchain-enabled power marketplace Electrify
Singapore's GTR Ventures invests five fintech companies
GTR Ventures, a Singapore-headquartered VC firm launched last September, has made its debut investments in five financial technology companies.
MDI leads $10m round for Australia's Whispir
MDI Ventures, the corporate VC arm of state-controlled telecommunications firm Telkom Indonesia, has led a $10 million funding round for Australian communications platform Whispir.
Tikehau makes $50m first close on Singapore healthcare fund
European asset management firm Tikehau Capital has reached a first close of $50 million on a healthcare-focused early stage investment fund.
Singtel Innov8 launches Singapore cybersecurity incubator
Singtel Innov8, the venture arm of Singapore telecom giant SingTel has teamed up with NUS Enterprise, a start-up program under National University of Singapore, to launch a cybersecurity incubator.
Global Brain backs $30m investment in Singapore's Electrify
Japan’s Global Brain has participated in a token sale that raised $30 million for Electrify, a Singaporean electricity marketplace using blockchain technology. The company claims the sale received offers in excess of $1.3 billion.
Sea’s Nick Nash to step down, launch VC firm
Nick Nash (pictured), group president of Singapore-headquartered mobile internet and gaming platform Sea, will step down at the end of 2018 to launch his own regional VC firm.
Singapore to launch $76m IP commercialization vehicle
Singapore will support local start-ups through a S$100 million ($76 million) intellectual property (IP) commercialization fund, with Temasek Holdings set to provide at least half the capital.
Sovereign wealth funds: Size matters
GIC Private is an example of a sovereign wealth fund that has developed wide-ranging private equity capabilities. More of its peers have been boosting exposure to alternatives, highlighting the prospect of increased direct investment, but establishing...
Deal focus: Navis thinks long, goes fast with MFS
Navis Capital Partners sees MFS Technology - the first exit from its seventh fund - as the initial manifestation of a strategy that takes a long-term view on a target industry's development but focuses on rapid implementation of value creation plans
EDBI joins $100m Series B for flying taxi start-up
Singapore’s EDBI has joined a group of venture investors in a $200 million Series B round for US-based Joby Aviation, a developer of electric vertical take-off and landing (eVTOL) aircraft envisioned for use as taxis.
Deal focus: Tryb sees strength in numbers
Singapore's Makara Innovation Fund supports Tryb Group's push to build a Southeast Asia-focused fintech platform
Navis to exit Singapore's MFS Technology with 3x return
Navis Capital Partners has agreed to exit its controlling position in Singapore-based circuit board maker MFS Technology. The GP will generate a 3x money multiple and an IRR of more than 40% on the investment.
NSI in $13m round for Singapore's Love Bonito
NSI Ventures has taken part in a $13 million Series B round of funding for Singapore-based lifestyle brand Love Bonito.
Asia VCs invest $10m in US-Singapore biotech player
A group of VCs led by China’s 6 Dimensions Capital and Sino-US investor Danhua Capital (DHVC) has committed $10 million to US and Singapore-based Engine Biosciences.
VCs back Singapore's Bluzelle in $19.5m ICO
A group of venture capital firms specializing in blockchain technologies, including Hong Kong’s Kenetic Capital, has joined a $19.5 million initial coin offering (ICO) investment in Singapore-based database provider Bluzelle.
Singapore IP fund invests $30m in fintech acquisition platform
Southeast Asia-focused financial technology platform Tryb Group has received a $30 million investment from The Makara Innovation Fund (MIF), a Singapore government-backed vehicle that focuses on intellectual property-driven businesses.
Southeast Asia logistics firm Ninja Van secures Series C
Ninja Van, a Singapore-headquartered last-mile logistics services provider with regional presence, has completed a Series C round of funding.
Baring Asia sells Singapore education business to ICG
Baring Private Equity Asia has exited its 100% stake in Singaporean tertiary education institution PSB Academy to Intermediate Capital Group (ICG) for an undisclosed sum.
Singapore audience data business gets $12.5m
French private equity firm Jolt Capital has led a $12.5 million investment in Singapore-headquartered audience data aggregator and marketplace operator Eyeota.
Creador targets $500m for Southeast Asia, India fund
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
Technology: Auto ambitions
Private equity firms and strategic investors are driving an automotive technology arms race in Asia