Money

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),...

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 (...

Hong Kong online lending startup Oriente raises US$105m in initial funding round

HONG KONG-BASED financial services and technology company Oriente announced on Wednesday that it has completed a US$105 million initial funding round, with investments from the founders and a...

Financial literacy firm raises US$3m in PE funding

THE Praxis Company on Wednesday announced that it has secured a US$3 million investment from Triple P Capital, a private equity impact investing fund with a focus on South-east Asian financial...

Venture capital firm Cocoon Capital eyes enterprise-tech startups with US$20m fund

SINGAPORE-BASED venture capital (VC) firm Cocoon Capital launched a new US$20 million fund targeting enterprise-tech startups in South-east Asia that are within the deep tech, fintech and medtech...