Money

Singapore venture capital firm eyes North Asia play

VENTURE capital firm Golden Equator Capital's (GEC) move to launch a S$120 million fund with Korea Investment Partners (KIP) earlier this year comes on the back of push-pull factors - the need for...

Firm operating e-scooter sharing service bags $5m in seed funding

A local firm that operates an electric scooter sharing service has raised $5 million in seed funding.

Proptech startup Propseller raises S$1m in seed round

SINGAPORE proptech startup Propseller has raised S$1 million in seed funding from industry entrepreneurs and senior executives.

Paktor parent raises fresh $34.3m, with Temasek-linked Pavilion Capital among investors

SINGAPORE - Paktor parent M17 Entertainment, which aborted a planned listing this year, announced on Thursday (Dec 6) that it has raised US$25 million (S$34.3 million) in a funding round featuring...

Taiwan vacation rental firm to expand to Singapore, Malaysia after US$7m Series B round led by Alibaba fund

A TAIWAN-BASED vacation rental startup has raised US$7 million in Series B funding, which will be used to expand regionally - including Singapore and Malaysia operations in early 2019.

Cloud start-up Sansan raises $36m to boost South-east Asia, Japan presence

SINGAPORE - Tokyo-based cloud start-up Sansan has raised three billion yen (S$36 million) in Series E funding for its business, as it looks to expand into South-east Asia, starting with Singapore...

SIA, Singtel's Innov8 invest in data startup

SINGAPORE Airlines (SIA) has made its first startup investment since launching a digital innovation blueprint in January, the national carrier told The Business Times on Tuesday.

Australia's Data Republic raises A$22m in Series B round led by Singtel's Innov8; SIA takes stake in the tech startup

AUSTRALIAN tech startup Data Republic is set to grow its footprint in Singapore with the help of fresh funds from investors such as Singtel's Innov8 and national carrier Singapore Airlines (SIA), the...

Grab invests US$100m in Indian hotel startup OYO: source

SINGAPORE-based ride-hailing firm Grab has invested US$100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter said on Monday.

Bank lending claws its way back to growth in October

BANK lending in Singapore managed a return to growth in October from a month ago, boosted by an expansion in building loans that lifted overall business lending.

EDB eyes investments in tech, ICT, healthcare

AS a Singapore-based investor, self-proclaimed to be "Singapore-first" and to have a "unique" position in the venture capital and private equity community, EDBI has identified deep tech, ICT (...