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...

Foreign unicorns here juicing up market for high-tech skills

THE growing pool of foreign unicorns in Singapore is adding magic to the local market for highly-skilled jobs.

Singapore-backed AI startup Taiger wins US$25m from investors

[HONG KONG] Taiger, a Singapore-backed artificial intelligence (AI) startup whose clients include Bank of America, AIA Group and Banco Santander, has raised US$25 million of funding for its...

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...

Startups can speed up growth with aid from Accelerating Asia

STARTUPS around Asia are set to springboard their businesses through Accelerating Asia's (AA) accelerator programme.