Singapore
Singapore doctor discovery platform DocDoc raises $8.5m
DocDoc, the Singapore-based start-up behind the Asian doctor discovery platform of the same name, has raised a Series A round worth S$11.5 million ($8.5 million) from US and Korea-based SparkLabs Global Ventures, and Malaysian conglomerate Hong Leong...
Singapore's TradeGecko receives NSI, Jungle backing
Singapore-based inventory management platform TradeGecko has raised a $6.5 million Series A round of funding led by NSI Ventures and existing investor Jungle Ventures.
Temasek invests $151m in India's Glenmark Pharma
Singapore state-backed investment group Temasek Holdings has invested INR9.45 billion ($151 million) in India's Glenmark Pharma via a preferential allotment of shares.
L Capital faces legal action over Jones the Grocer
L Capital Asia is being sued in Singapore's high court over its decision appoint administrators to gourmet food retailer Jones the Grocer by the company's former CEO John Manos.
Top Standard Chartered banker quits to raise PE fund
Viswanathan Shankar, Standard Chartered's group executive director and CEO for Europe, Middle East, Africa and Americas is leaving the firm to set up his own private equity fund.
Mercurius Capital launches $80m PE fund with Chinese firm
Mercury Capital Investment, a subsidiary of Singapore-listed Mercurius Capital Investment, has teamed up with a Chinese real estate developer to launch a RMB500 million ($80 million) PE fund targeting urbanization projects in China.
Vertex to support parenting site's India expansion
Vertex Ventures, a VC subsidiary of Singapore's Temasek Holdings, has led a funding round for online parenting portal theAsianparent, bringing the total raised by the site to S$4.5 million ($3.3 million).
KV driven by more than a sweet tooth
With incomes rising and tastes becoming more refined, Asia represents a growing market for luxury goods. Chocolate is no exception. While supply problems are partly responsible for a 30% increase in global cocoa prices over the last two years, the 60%...
Singapore's GIC boosts stake in Merlin Entertainments
GIC Private has nearly doubled its stake in London-based Merlin Entertainments, operator of Madame Tussaud’s and Legoland, to 5.2%.
Singapore launches first equity crowdfunding platform
Andy Lim, co-founder of Tembusu Partners and founder financial services group MoneyWorld, has launched Singapore's first equity crowdfunding platform.
IMJ's Koichi Saito launches new VC fund
Koichi Saito, a former partner at Japanese venture capital firm IMJ Investment Partners, has launched his own VC outfit - KK Fund.
KV Asia invests in Singapore's Aalst Chocolate
KV Asia Capital has invested in Aalst Chocolate, a Singapore-based manufacturer of premium chocolate. Financial terms were not disclosed.
OTPP commits funding to Singapore mobile platform Garena
Ontario Teachers’ Pension Plan (OTPP) has led a new round of funding for Singapore-headquartered mobile internet and gaming platform Garena. Existing shareholders also participated.
Singapore space junk start-up raises $7.7m Series A
Astronscale, a Singapore-based start-up that develops satellites to remove space debris, has raised $7.7 million in a Series A round of funding from JAFCO and nine entrepreneurs from Japan.
NSI Ventures leads round for Singapore insurance marketplace
NSI Ventures, the VC unit of Northstar Group, has led Series A round of funding worth $8 million for Asian insurance and wellness marketplace CXA, alongside consumer and technology fund F&H and healthcare investor BioVeda.
Singapore start-ups: Another option
The Singapore Exchange and Clearbridge Accelerator are launching a capital-raising platform for Asian start-ups. Does it represent a much-needed stepping stone between private and public markets?
DBS launches Singapore venture debt program
DBS Bank has launched a venture debt program to support Singapore start-ups, presenting a capital-raising channel that involves little or no dilution of equity.
Facebook co-founder leads round for Singapore property site
Eduardo Saverin, co-founder of Facebook and Singapore resident, has led a S$2 million ($1.5 million) round of seed funding for 99.co, a local property listings site. Sequoia Capital also participated alongside several entrepreneurs-turned-investors.
Singapore: Start-up central
When looking for an example of how Singapore start-ups previously struggled to get funding, one of the founders of tenCube was happy to oblige. Bootstrapped into existence in 2005, the mobile security solutions provider spent a frustrating 18 months trying...
Singapore Exchange, Clearbridge form SME capital-raising platform
The Singapore Exchange (SGX) has partnered with Clearbridge Accelerator to set up a capital-raising platform for small- and medium-sized enterprises (SMEs) in Asia.
Singapore expands Block 71 tech start-up hub
Singapore start-up hub JTC LaunchPad @ one-north – better known to many as Block 71 – has been expanded to accommodate 500 companies and 35 incubators, with plans to create space for 250 more.
Goldman leads $56m round for big data firm Antuit
Goldman Sachs has led a $56 million round of funding for Antuit, a Singapore-headquartered big data analytics start-up. Zodius Capital, which provided seed funding for the company in 2013, also participated.
Blackstone joins $1.1b financing for Singapore property developer
The Blackstone Group is backing an investment platform launched by City Developments (CDL) that will enable the Singapore real estate firm to raise S$1.5 billion ($1.1 billion) in return for exposure to cashflows generated by properties on the resort...
Singapore's Tembusu, China's Bona to create $100m media fund
Singapore-based PE firm Tembusu Partners and local media entrepreneur Calvin Cheng have joined forces with Yu Dong, China Bona Film Group’s CEO, to launch a $100 million fund targeting China’s media and entertainment industry.