PE veteran behind LVMH arm launches own US$500m Asia fund
PRIVATE equity veteran and LVMH executive Ravi Thakran has launched a new US$500 million growth fund less than two months after securing his first special purpose acquisition company (Spac), at an...
Pet relocation and prices surge with easing of cross-border curbs for owners
MORE pets are now jet-setting across the globe, in tow of owners who are finally travelling after Covid-19 restrictions closed off much of the world. Pet relocators told The Business Times that...
Liquidity drying up for VC firms as investments age
THE pressure is mounting on venture capital (VC) funds to show real cash returns to investors, but as exits are delayed and market conditions remain rocky, some early VC funds might be burdened...
PwC Singapore launches programme to help foreign startups enter South-east Asia
PWC Singapore has launched a five-day programme to help foreign startups expand into South-east Asia.
Singapore still falling short for home-grown biotechs seeking IPO
HOME-GROWN biotech companies would rather look for opportunities further ashore than list on the Singapore Exchange (SGX). Although the city-state has a growing biotech ecosystem, the local bourse...
Pandemic digital boom: Some tech firms hiring boldly to capture growth
SOME tech companies are still hiring boldly as they move to capture growth in online verticals that are flourishing as a result of a digital boom amid the pandemic, even as a majority of their...
Quicker cut-off will surface better startups
A SHORT three-month time frame for the new venture building track under the Startup SG Founder programme is a vital key in helping stakeholders separate promising startups from the rest, said...
ESG raises Startup SG Founder grant to S$50,000, sets up 3-month venture building programme
ENTERPRISE Singapore (ESG) will raise the grant support of the Startup SG Founder programme to S$50,000 from September onwards, in order to help extend the runway for startups to develop their...
Online lending startup Oriente cuts over 25% of team
ONLINE lending startup Oriente on Friday confirmed that it laid off under 100 employees in June in a reduction exercise undertaken in batches from the fourth quarter of 2019.
SingPost partners logistics startup Shippit to widen SMEs' access to courier services
LOGISTICS startup Shippit on Tuesday announced a partnership with Singapore Post (SingPost), to offer discounted rates for small and medium-sized enterprises (SMEs) when they use its platform to...