VENTURE CAPITAL

Rotimatic gets new breadwinner

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings, a special-purpose vehicle incorporated in the...

Rotimatic-maker flips ownership in trade sale

ZIMPLISTIC, the Singapore-based company behind Indian flatbread-making machine Rotimatic, has been fully sold to an entity called Light Ray Holdings.

EVOS Esports parent snags US$12m in Series B round led by Korea Investment Partners

ATTENTION Holdings (ATTN), the parent company of Indonesia-based professional e-sports organisation EVOS Esports, has raised US$12 million in a Series B investment round led by Korea Investment...

Liquidity drying up for VC firms as investments age

THE pressure is mounting on venture capital (VC) funds to show real cash returns to investors, but as exits are delayed and market conditions remain rocky, some early VC funds might be burdened...

Asian edtech startups seize Covid-19 growth window

EDUCATION technology, or edtech, is having its moment in the spotlight. As the pandemic has made the value of remote-learning tools clearer than ever, edtech startups are seizing the moment to...

ST Engineering corporate VC unit invests in cloud startup

ST Engineering's corporate venture capital (VC) unit, ST Engineering Ventures, has made an undisclosed investment into CloudSphere, a cloud management and governance provider headquartered in...

Singapore's allure as asset management hub set to continue

SINGAPORE is unlikely to lose its shine as an asset management hub even in the midst of the Covid-19 pandemic, as developments such as the Variable Capital Companies (VCC) framework and the...

Tech funding in Vietnam dips in H1 2020 after bumper 2019

WHILE 2019 was a blockbuster year for tech deals in Vietnam, funding in the first half of 2020 saw a drop as travel restrictions and uncertainties in global financial markets disrupted deal-making...

Vietnam tech investments soar in 2019 but dip in H1 2020

WHILE 2019 was a blockbuster year for tech deals in Vietnam, funding in the first half of 2020 saw a drop as travel restrictions and uncertainties in global financial markets disrupted deal-making...

US$100m fund being raised to target early-stage Asean buys

A NEW venture capital firm by five private capital veterans, including businessman Koh Boon Hwee, is raising an inaugural fund of over US$100 million to capture early-stage opportunities in South-...

Covid-19 turmoil creates fresh openings for new startups

THE economic downturn can in fact be an opportunity for entrepreneurs to launch new ventures, startup veterans and investors tell The Business Times. While funding may be tougher to secure, new...