Singapore

Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.

Funds will be used to drive Rainforest’s growth strategy, including expanding its portfolio of e-commerce brands in the home goods, mother & kids, personal care and pet categories by three times and growing its leadership team.

Global SWF takes a closer look into Temasek's in-house startups.

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

The oversubscribed round makes it one of the largest financing rounds raised by an on-demand care platform in Southeast Asia and the Oceania region and brings Homage’s total funding to exceed $45 million.

It will target B40 segment while eyeing low-cost deposits globally.

SGX said it will work with the Securities Investors Association (Singapore) to increase retail investors’ understanding of SPACs through collaborative efforts including the conduct of educational programs.

Led by BIS Innovation Hub’s Singapore Centre, the project, dubbed Project Dunbar, aims to develop prototype shared platforms for cross-border transactions using multiple CBDCs.

ADDX has reached an agreement with the Singapore-regulated wealth and fund management company ICHAM, which has received a $200 million allocation as part of the Chongqing government’s overall $5 billion QDLP quota. ADDX will be the primary venue for investments from the ICHAM fund in China authorized to raise capital from Chinese institutions and…

The targeted $20 million fund already has around 50 percent in soft commitments from existing investors and partners.