Singapore
Lippo sponsors Southeast Asia VC fund
Former Monk's Hill Ventures partner Stefan Jung has announced the launch of Venturra Capital, a new Southeast Asia-focused VC fund backed by the Lippo Group.
Golden Gate leads $3.3m Series A for Singapore's HipVan
Golden Gate Ventures has led a S$4.7 million ($3.3 million) Series A round for HipVan, a Singapore-based online store for designer furniture.
Convergence, Golden Gate in Series A for Singapore's MoneySmart
Singapore-based personal finance portal MoneySmart has raised S$2.8 million ($2 million) in a Series A round led by Singapore Press Holdings (SPH) Media Fund, with participation by Convergence Ventures, OPT SEA and Golden Gate Ventures.
Fund focus: Vertex strengthens its global foothold
Vertex Venture Holdings will use its new $600 million allocation from Temasek Holdings to invest in Vertex family funds across the US, Israel and China
Media-for-equity: Outside the box
Media-for-equity investing has become a well-established niche market in Europe. To take hold in Asia, the model requires the right investors and the right customers
Vertex raises $600m for China, US, Israel investments
Vertex Ventures, the VC arm of Singapore's Temasek Holdings, has received $600 million from its parent to invest in start-ups in China, the US and Israel.
Singapore's MediaCorp in media-for-equity deal with VC-backed skincare brand
Singapore media conglomerate MediaCorp will take an equity stake in VC-backed French skincare brand Crème Simon in return for providing the company with advertising services.
Singapore's NRF commits $28m to VC funds
Singapore's National Research Foundation (NRF) will commit S$40 million ($28 million) to local venture capital funds through the third installment of its Early Stage Venture Fund (ESVF).
Cisco commits $10m to Monk's Hill Southeast Asia fund
Cisco Investments has committed $10 million to Monk's Hill Ventures' latest Southeast Asia-focused venture capital fund.
Shaw Kwei makes buyout offer for Singapore-listed Chosen
Shaw Kwei & Partners has submitted a buyout offer for Chosen Holdings, a manufacturer of plastic components commonly used in consumer electronics, cars and medical devices, that values the Singapore-listed company at approximately $68 million ($48 million)....
Carlyle's Siewert steps down from China Fishery board
Patrick Siewert, the representative of The Carlyle Group on the board of China Fishery Group, has stepped down from the board.
Denham, Nexif form SE Asia power investment platform
Denham Capital has partnered with Singapore-based power management company Nexif to form an investment platform that will commit more than $200 million to energy projects in Southeast Asia.
Deal focus: RedMart channels the Amazon spirit
Amazon.com is the world’s largest online retailer, but it retains fleetness of foot that defies its size. This is based on the ability to embrace not only new technology but also innovative approaches to management. The “two-pizza rule” devised by founder...
Ekuinas sells Burger King franchises in Malaysia, Singapore
Ekuinas, the Malaysian government-backed private equity investor, has sold the Burger King franchises in Malaysia and Singapore, generating proceeds of MYR74.6 million ($17.7 million).
NEA, Orios commit $4m to India's IntelligenceNODE
IntelligenceNODE, a retail-oriented big data analytics start-up based in India, has raised a $4 million Series A round led by New Enterprise Associates (NEA) and Orios Venture Partners.
Singapore online grocer RedMart raises $26.7m
Singapore-based online grocery marketplace RedMart has raised $26.7 million in a bridge round from existing investors Garena Online, Softbank Ventures Korea and US-based Visionnaire Ventures.
India's VC-backed Mobikon buys Singapore's Trii.be
Indian customer engagement and marketing platform Mobikon, which is backed by Jungle Ventures, has bought Singapore's feedback management start-up Trii.be.
GIC supports Carlyle's $8b Veritas acquisition
Singapore's GIC Private has joined The Carlyle Group in its $8 billion acquisition of Silicon Valley-based Veritas, the information management unit of US tech giant Symantec.
Navis exits ECO Industrial to China's Beijing Capital
Navis Capital Partners sold ECO Industrial Environmental Engineering, a Singapore-based hazardous waste management firm, to Beijing Capital Group (BCG) for S$246 million ($179 million)
GIC's PE allocation unchanged as 12-month overall return rises
GIC Private’s PE allocation remained static at 9% last year as the Singapore sovereign wealth fund posted a 20-year annualized return of 4.9% for the 12 months ended March 2015, up from 4.1% in 2014.
Golden Gate reaches first close on SE Asia VC fund
Singapore-based Golden Gate Ventures has reached a first close of $35 million on its second Southeast Asia-focused fund, Golden Gate Ventures Fund II.
Ex-TPG Growth executive joins Singapore's Jungle Ventures
Singapore-based Jungle Ventures has appointed David Gowdey, previously of TPG Capital’s growth investment unit, as a managing partner.
Singapore's Qoo10 raises $82.1m Series A
Singapore-based Giosis, which manages e-commerce site Qoo10, has raised $82.1 million in a Series A round led by Singapore Press Holdings (SPH).
Singapore flatbread machine maker raises $11.5m
Zimplistic, the kitchen robotics start-up behind automatic flatbread maker Rotimatic, has raised $11.5 milllion in Series B funding from NSI Ventures and RBVC, the venture capital arm of German electronics multinational Robert Bosch.