RedMart raises US$26.7m, hires Amazon's Colin Bryar as COO

SINGAPORE-BASED online grocer and marketplace RedMart said on Thursday it has closed a US$26.7 million bridge round, bringing the total funding since inception to US$54 million.

Singapore's medtech sector to get two growth boosts

MEDICAL technology (medtech) in Singapore - a sector which industry watchers have said is one to watch this year - got a fillip from two announcements on Wednesday.

First eight startups picked for SPH Plug & Play accelerator programme

SINGAPORE Press Holdings (SPH), Plug and Play, and Infocomm Investments on Tuesday announced the inaugural batch of eight startups selected for the SPH Plug & Play accelerator programme, which...

Giosis bags US$82.1m in Series A funding

SINGAPORE-BASED Giosis - the parent company of e-commerce platform Qoo10 - has bagged US$82.1 million in a Series A funding round led by Singapore Press Holdings (SPH), with participation from eBay,...

LVMH's Sephora buys cosmetics startup Luxola

COSMETICS e-commerce site Luxola has been snagged by French luxury group LVMH via the latter's cosmetic subsidiary Sephora for an "eight-figure" sum, BT has learnt, in what is believed to be one of...

It pays to compare - for financial comparison sites and users alike

COMPETITION has become keener for financial comparison sites with three new ones launched in Singapore in the last five months, reflecting the business potential for such sites.

Restaurant reservation platform Chope raises US$8m in latest round of funding

ONLINE restaurant platform Chope has pulled in US$8 million in Series C funding, which is the third round of financing in the early-stage financing cycle.

Crowdfunding platform raises S$660,000 for Mezzo Interiors

HOMEGROWN debt-based crowdfunding platform New Union on Monday said it has raised S$660,000 for interior design firm Mezzo Interiors, an amount said to be one of the largest raised by a small and...

SGX to invest S$1.5m to help develop CapBridge platform

SINGAPORE Exchange (SGX) will provide up to S$1.5 million to support the development of CapBridge, the equity crowdfunding (ECF) platform it will jointly set up with Clearbridge Accelerator (CBA)...

Singapore startup Mesitis bags US$3m in Series A funding

HOMEGROWN fintech (financial technology) startup Mesitis, whose product Canopy is a personal financial data aggregation platform for high net worth individuals, has bagged US$3 million in Series A...