BlueRed a bridge linking Israeli startups to Asia's wealthy
LOCAL venture firm BlueRed Partners has raised US$75 million for its inaugural US$100 million fund, which aims to connect the bustling deep-tech scene in Israel to South-east Asia's prominent...
Shopee ups entertainment ante; still favours growth over monetisation
E-COMMERCE platform Shopee is doubling down on interactive features to boost user stickiness, while monetisation continues to take a back seat over growth for the Singapore-headquartered firm.
How long can Carousell go without monetisation breakthrough?
AS it enters its eighth year, Singapore's marquee startup, Carousell, could face pressure to show that its monetisation strategy is actually getting somewhere instead of being stuck on a merry-go-...
Super-app scams in spotlight as Grab beefs up its anti-fraud team
WITH their fingers in many pies of the digital economy, super-app players like Grab and Gojek could become increasingly attractive targets for malicious actors.
Third500 in talks with 35-40 US firms on pre-IPO financing leading to a listing
BOUTIQUE global investment bank Third500 is in "active dialogue" with some 35 to 40 venture-backed emerging US firms to provide them access to pre-IPO (Initial Public Offering) financing via...
Asian family offices, Insignia bless YouTrip with US$25.5m pre-Series A funding
IT MAY seem unconventional for an early-stage startup to receive strong backing from family offices. But YouTrip, a Singapore-based mobile wallet operator, sees this "patient capital" as a...
honestbee focusing on fund raising and righting its ship
TROUBLED grocery-delivery startup honestbee appears to be jettisoning excess cargo as it seeks fresh capital and rights its course as an online-to-offline retail play.
honestbee to stop food delivery in Singapore, suspend laundry service; move hits 400 delivery persons
STRUGGLING food delivery startup honestbee is halting its food delivery business in Singapore and suspending its laundry service with effect from May 20, affecting some 400 freelance delivery persons.
S$20m funding sought for honestbee; no update on strategy tweak
INVESTORS were approached about raising at least S$20 million for struggling grocery delivery startup honestbee earlier this month following its leadership shuffle, The Business Times understands...
honestbee may face tough search for buyer
HONESTBEE could struggle to find a buyer amid reports that it is facing a cash crunch and looking for suitors, industry observers said.