Startups

Chinese unicorns made Asia world's most active VC market in 2018: Preqin

ASIA has surpassed North America in venture capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America’s US$113 billion, indicates a report by...

Startups leverage technology to do their part in helping the underserved

SDI Academy and Allied World Healthcare were among the participants at the 7th Asian Venture Philanthropy Network Conference, held at Suntec Convention Centre from June 25-28.

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

Blockchain accelerator facilitates raising of S$17m

GOVERNMENT-backed blockchain accelerator Tribe has opened the door to S$16.8 million worth of funds for its inaugural cohort of 10 companies, through its ecosystem of corporate and investor...

Ohmyhome announces first overseas expansion into Malaysia

LOCAL proptech startup Ohmyhome is expanding into Malaysia, its first market outside Singapore.

UrbanAgents taps AI for 'results-based' home sale commissions

USING artificial intelligence (AI), techpreneur Michael Cho has already created a tool that can predict the value of a Singapore HDB or condo unit.

Singapore-based GoComet raises $3m in Series A funding

SINGAPORE - GoComet, a freight quote comparison platform, has raised $3 million in a Series A funding round led venture capital firm Leo Capital, alongside new investors SGInnovate and AugustOne...

Tencent and Paytm to invest US$100m in video startup

TENCENT Holdings Ltd and Paytm plan to invest about US$100 million in Indian streaming service MX Player, according to a person familiar with the matter, as local and foreign companies compete for...

A 15-year-old startup shatters the 'fail fast' gospel

SMILING cryptically, Ian Small, the chief executive of Evernote, handed me some socks. Nice ones: black in the calf, striped in the foot, with matching pops of sky blue at the toe, heel and welt....

Reinventing the wok

IN recent years, more Singaporeans are answering the call for the younger generation to become hawkers. But those who have traded indoor air-conditioning for aromatic wok hei have found that the...