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Singapore

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.

  • Southeast Asia
  • 21 August 2015
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.

  • Southeast Asia
  • 20 August 2015
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.

  • Southeast Asia
  • 17 August 2015
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.

  • Buyouts
  • 12 August 2015
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)

  • Southeast Asia
  • 03 August 2015
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.

  • Southeast Asia
  • 30 July 2015
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.

  • Southeast Asia
  • 29 July 2015
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.

  • People
  • 24 July 2015
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).

  • Southeast Asia
  • 23 July 2015
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.

  • Technology
  • 23 July 2015
Deal focus: Fastacash brings payments everywhere

Digital networks are remaking communication patterns across the world; where people living abroad once relied on postal services and analog telephone lines, now their loved ones are just an instant message away.

  • Southeast Asia
  • 22 July 2015
Singapore's Temasek, UOB to offer $500m in venture debt

Singapore's government-sponsored investment fund Temasek Holdings and United Overseas Bank (UOB) have agreed to form a joint vehicle which will offer $500 million in venture debt financing to start-ups in China, India and Southeast Asia.

  • Southeast Asia
  • 22 July 2015
GLP forms $7b China logistics fund

Singapore-listed warehouse operator Global Logistic Properties (GLP) has launched a $7 billion fund for developing logistics facilities in China.

  • Infrastructure
  • 21 July 2015
Singapore's GIC buys 35% stake in Brazil shopping mall

Singapore sovereign wealth fund GIC Private has acquired a 35% stake in Brazil's Via Parque Shopping, a mall in Rio de Janeiro, for $41.89 million from developer Aliansce Shopping Centers.

  • Southeast Asia
  • 17 July 2015
TPG, Affinity-owned UTAC files for $350m US IPO

UTAC Holdings, the Singapore-based precision engineering firm owned by TPG Capital and Affinity Equity Partners, is looking to raise as much as $350 million in its US IPO.

  • Exits
  • 17 July 2015
circuit-city-tech
Southeast Asia start-ups: Connecting the dots

The start-up scene in Southeast Asia is growing apace but making the most of the region's potential is as much about having cross-border capabilities as it is about targeting the right opportunities

  • Early-stage
  • 15 July 2015
Singapore payment platform Fastacash raises Series B round

Asia-focused investment firm Rising Dragon Singapore has led a $15 million Series B round of funding for Fastacash, a Singapore-based social payments platform.

  • Southeast Asia
  • 14 July 2015
LVMH acquires Singapore VC-backed beauty e-commerce start-up

Luxury goods conglomerate LVMH has acquired Luxola, a VC-backed beauty e-commerce start-up based in Singapore, for an undisclosed sum.

  • Consumer
  • 13 July 2015
VC-backed PropertyGuru acquires eProperty Track

Singapore-based online real estate portal PropertyGuru, which recently raised funds from TPG Capital, Emtek Group and Square Peg Capital, has bought sales and marketing platform ePropertyTrack.

  • Southeast Asia
  • 13 July 2015
Bain to sell electronic connectors maker FCI Asia for $1.28b

Bain Capital has agreed to sell FCI Asia, which manufacturers connectors used in electronics, data storage and telecommunications, to US-headquartered industry peer Amphenol for $1.28 billion.

  • Exits
  • 30 June 2015
NSI Ventures, F&H lead $8m round for Singapore's Chope

NSI Ventures, the VC unit of Northstar Group, and consumer and technology sector-focused investor F&H Fund Management have led an $8 million round for Singapore online restaurant platform Chope.

  • Technology
  • 30 June 2015
SCPE commits $52m to L Capital-owned Crystal Jade

Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.

  • Greater China
  • 25 June 2015
Tech in Asia secures $4m funding round

Tech in Asia, a Singapore-based digital media company that focuses on Asian start-ups, has raised a $4 million round led by SB ISAT Fund, a $50 million vehicle backed by Japan's SoftBank and Indonesia's Indosat.

  • Technology
  • 23 June 2015
TPG joins $129m investment in Singapore's PropertyGuru

Singapore online property portal PropertyGuru has raised S$175 million ($129 million) from TPG Capital, Australia's Square Peg Capital, and Indonesian media company Emtek Group.

  • Southeast Asia
  • 09 June 2015
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