Singapore
PropertyGuru’s revenue rises 12 pct year on year, underpinned by Malaysia and Singapore’s operations
Singapore-based property portal PropertyGuru Group Limited has on Thursday announced that the group's revenue increased by 12 percent year on year to SGD 37 million ($27.28 million). PropertyGuru said in a statement that the group posted a net loss of SGD 6 million ($4.42 million) in the second quarter, as compared to a net income of SGD 4 million ($2.95…
SHEIN and SPARC Group join in a strategic partnership
Global retailer SPARC Group Holdings II LLC has on Thursday announced a strategic partnership with SHEIN, the Singapore-based integrated online marketplace for fashion, beauty and lifestyle products. Under the agreement, SHEIN acquires an approximately one-third interest in SPARC Group, a joint venture that includes Authentic Brands Group and Simon Property…
Singapore elevates sustainable digital infrastructure beyond data centers
As part of this partnership, IMDA, Dell and Equinix will provide guidance and recommendations to modernize digital infrastructure deployment sustainably and to optimize the integration and utilization between hardware and software interfaces. This partnership will aim to develop a comprehensive process to measure, capture and audit the quantifiable…
Singapore’s Pi-xcels secures $1.7M funding led by Wavemaker Partners
Pi-xcels, a Singapore-based digital receipt solutions provider, has successfully completed its seed funding round, raising $1.7 million. The round was led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, and Black Kite Capital, as well as strategic angel investors.
Grab reports lower losses in second quarter as revenue jumps
Singapore-based super app Grab Holdings Limited has reported lower losses in the second quarter amid higher revenue. The loss for the the group was $148 million in the quarter, a 74 percent improvement year on year, primarily due to the improvement in group adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and a reduction in…
Singaporean startup Solar AI Technologies raises $1.5M to hyperscale solar
Singapore-based startup Solar AI Technologies, has recently closed its $1.5 million seed round led by Earth Venture Capital. Solar AI Technologies on Wednesday said that the round also saw participation from Undivided Ventures, Investible and climate-tech angel investor David Pardo.
Singapore’s Neurowyzr raises additional $2.1M in seed funding co-led by Jungle Ventures and Peak XV’s Surge
Neurowyzr, a Singapore-based healthtech company specializing in enhancing brain health and developing state-of-the-art technologies to mitigate early brain decline, has raised an additional $2.1 million in an oversubscribed seed round. The round, jointly led by Jungle Ventures and Peak XV’s Surge (formerly Sequoia India and Southeast Asia), with…
Singapore’s FlashIntel raises $10M in seed and angel investment
FlashIntel, a Singapore-based go-to-market intelligence platform, has announced a successful $10 million raise in its recent seed and angel investment phase. Notable investors backing this round include Celtic House Venture Partners, Uphonest Capital, and Hat-Trick Capital.
Singapore’s ZTX attracts $13M in funding to propel Web3 creator infrastructure
Singapore's Web3 virtual world and creator platform ZTX has successfully closed its $13 million seed round led by Jump Crypto. Notable investors also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.
