Singapore
Singaporean precision gut microbiome firm AMILI raises new funding led by East Ventures
AMILI, a Singapore-based precision gut microbiome company, has on Monday announced that it has secured new funding from venture capital firm East Ventures. The fresh funds will be allocated towards expanding operations into Indonesia with the primary focus on addressing prevalent gut health issues using scientific approaches adapted to the Indonesian…
Singapore’s Insider announces $105M investment led by QIA to accelerate M&A-focused strategy
Singapore-based marketing platform Insider has on Wednesday announced an investment of up to $105 million from existing investors, Qatar Investment Authority (QIA) — and Esas Private Equity.
Mapletree Industrial Trust enters Japan with $370M data center acquisition in Osaka
Mapletree Industrial Trust Management Ltd., as manager of Singapore-based Mapletree Industrial Trust (MIT), has announced the acquisition of a newly built data center in Osaka, Japan through the purchase of the trust beneficial interest at a purchase consideration of JPY 52 billion ($370 million).
Lazada unveils eCommerce AI Chatbot LazzieChat in Southest Asia
Singapore-based e-commerce operator Lazada Group has released LazzieChat, the first eCommerce artificial intelligence (AI) chatbot of its kind in Southeast Asia powered by OpenAI ChatGPT technology in Azure OpenAI Service.
MoneyHero plans to go public via merger with Bridgetown
CompareAsia Group Capital Limited (MoneyHero), a Singapore and Hong Kong-based financial products platform, is planning to go public in partnership with Bridgetown Holdings Limited, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital LLC.
Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia
ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed $9 million Series B round led by SoftBank Ventures Asia.
Singapore-based DTC bespoke jeweler MADLY raises new funding from East Ventures
MADLY, Singapore’s direct to consumer (DTC) jewelry design house, has on Thursday announced an investment received from the regional venture capital firm East Ventures. With the support of the funds jewelry brand said it is poised to accelerate its international expansion.
Softbank-backed Carro reports record EBITDA in FY2023 driven by strong recurring ecosystem ancillaries
Carro, the Singapore-based online used car platform, announced Thursday that it has recorded its best ever full-year positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4 million for its latest financial year ending March 2023 (FY2023).
Sequoia-backed Circles forms joint venture with Middle East telco firm e& for digital services
Sequoia-backed Circles has on Thursday announced that it has entered into a strategic partnership with Abu Dhabi-headquartered telco firm telco firm e& international for digital services across its operating markets and beyond.
Grab co-founder Tan Hooi Ling to step down from official positions by year-end
Grab Holdings Limited has on Thursday announced that Tan Hooi Ling has informed its board of directors of her intention to step down from her operating roles at Grab, including her directorship, by the end of 2023.
