Interview - Eugene Wong, Founder and MD, Sirius Venture Capital

IN THE NOT-TOO-DISTANT future, Eugene Wong envisions Singaporeans eating nasi lemak with crispy deep-fried grasshoppers instead of ikan bilis.

Green's in fashion as Lithuanian used-clothes site joins US$1b club

[VILNIUS] Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of...

Property tech startup Smarten Spaces raises US$12m from Hong Kong's Symphony

SMARTEN Spaces, which offers an end-to-end digital platform for space management, has raised US$12 million in Series A funding from Hong Kong's Symphony International Holdings.

TransferWise CEO preps for Malaysia launch, no IPO plans for now

[SINGAPORE] TransferWise Ltd, which recently raised funds at a US$3.5 billion valuation, is launching an international payments service in Malaysia soon as part of an ongoing Asian expansion, chief...

Another WeWork rival lures cash, tapping Brookfield and Equinox

[NEW YORK] Another challenger to WeWork is drawing cash from a slate of institutional investors as the office-sharing juggernaut faces the prospect of stiffer competition ahead of its initial...

Investors bet on India social commerce startup in US$125m funding round

[BANGALORE] Facebook Inc is participating in a US$125 million fundraising for an Indian startup that is aiming to bring more commerce to social networks like, well, Facebook.

MyRent: Own experiences instead of things

IMAGINE being able to earn some cash on the side from that camera you have not used in months.

Paring down debt pile top of mind for honestbee's new CEO

A CONSORTIUM of white knights and strategic partners is what honestbee's newly-minted chief executive Ong Lay Ann believes will turn the embattled grocery delivery startup around.

Convincing the older generation that the startup model works

AS SUPPORTIVE as the parents of Glife co-founder and chief executive officer Justin Chou were when he expressed a desire to make Glife into the "Grab of food", they took some time to warm up to...

US cloud provider 8x8 buys Singapore’s Wavecell for US$125m in cash, stock

WAVECELL, a privately held communications platform-as-a-service (CPaaS) provider based in Singapore, has been acquired by New York-listed 8x8 for around US$125 million in cash and stock, marking...