Startups

Travel startups targeting domestic travel market

ONLINE travel agencies (OTAs) and travel startups are now shifting gears to capture the rising domestic tourism market in Asia-Pacific, but industry players say this still might not be substantial...

Vanda Global partners Drew & Napier to help firms in fund-raising, exits

VENTURE capital fund manager Vanda Global Capital has inked a memorandum of understanding with law firm Drew & Napier to assist Vanda-supported companies, including startups, in capital-raising,...

ARA-backed crowdfunding platform raises S$2.7m from maiden property investment product

CROWDFUNDING platform Minterest has raised S$2.7 million from its debut property investment product, Minterest and its majority shareholder ARA Asset Management said on Friday.

PropertyGuru launches new feature allowing 360-degree walk-through of units

SOUTH-EAST Asian real estate portal PropertyGuru on Wednesday said it has launched a new digital feature allowing a 360-degree walk-through of a project, its units and the surrounding cityscape...

Fortitude Budget: S$285m to attract matching investments for startups

PROMISING startups in Singapore will get financing support to help them sustain their innovation and entrepreneurship activities.

B Capital urges its startups to seek M&A opportunities

GLOBAL venture capital (VC) firm B Capital, co-founded by Facebook billionaire Eduardo Saverin, is working with its Asian portfolio companies with ample cash to suss out merger and acquisition (M...

VCs in South-east Asia lie in wait, even as valuations soften

STARTUP valuations in South-east Asia are beginning to soften as the industry comes to terms with the economic impact of Covid-19, venture capital (VC) investors told The Business Times. But VCs...

Asean-focused VCs face fund-raising challenges: report

VENTURE capital (VC) firms focused on South-east Asia have raised US$1.33 billion in capital commitments in the first quarter of 2020, more than triple from the same period a year ago, according...

MVLLABS raises extended Series A round led by Shinhan Bank

SINGAPORE-BASED startup MVLLABS, the company behind ride-hailing service TADA, on Thursday said it has raised an undisclosed sum in its Series A extension round led by South Korea’s Shinhan Bank.

Doctor Anywhere to provide telehealth service to Great Eastern Shield clients

INSURER Great Eastern (GE) said it has expanded its partnership with telemedicine startup Doctor Anywhere to provide discounted consultation fees for policyholders of the insurance company’s...