Singapore-based mental health wellness app MindFi has raised $750,000 (S$1 million) in pre-seed funding. Venture capital firm iGlobe Partners, M Venture Partners (MVP), and angel investors such as Koh Boon Hwee, Patsnap founder and CEO Jeffrey Tiong, Zopim co-founder Lim Qing Ru, Natasha Foong, Aakash Degwekar, and Shadab Farooqui were among the investors, the startup… Continue reading Singapore mental health platform MindFi bags $750k from iGlobe Partners, others
Author: Deal Street Asia Online News
Data Vantage: Secondaries afoot, Ant Group sells stake in M-DAQ and other deals
At least three companies saw their shares change hands through dozens of transactions in the past week, marking a busy period for secondaries. Alibaba-backed Ant Group sold half of its stake in Singapore-based fintech services firm M-DAQ, held by its investment vehicle API (Hong Kong) Investment Limited, to Affinity Equity Partners last week. Affinity also… Continue reading Data Vantage: Secondaries afoot, Ant Group sells stake in M-DAQ and other deals
Investors bullish on Vietnamese B2B tech startups that help SMEs with digital adoption …
Premium Vietnamese B2B tech startups – engaged in providing digitalisation solutions to consumer-focused small and medium enterprises – have seen an uptick in venture capital investments with the pandemic-induced accelerated need for digital adoption boosting demand for their services. Go to Source
SE Asian GPs spot big promise in continuation funds amid pandemic drag
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China-focused Enlight Growth Partners targets $225m for second VC fund
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Tencent Music’s plans for a $5b Hong Kong listing in 2021 stalls amid market volatility
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Tencent Music’s plans for a $5b Hong Kong listing in 2021 stalls amid market volatility
Baring PE Asia nears $1b deal to acquire Philippines-based outsourcing firm Straive
Alternative investment major Baring Private Equity Asia is said to be edging closer to acquire Philippine-based content technology outsourcing firm Straive (formerly known as SPi Global) from Swiss fund manager Partners Group for $1 billion, according to a Bloomberg report. The report said Baring PE Asia and Partners Group are already finalising the details of the… Continue reading Baring PE Asia nears $1b deal to acquire Philippines-based outsourcing firm Straive
Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
Prosus Ventures, TPG Growth, CDPQ and Temasek are among PharmEasy’s top investors. The decision not to cash out their stakes during the IPO indicates confidence among PharmEasy’s investors about the growth potential of the company and the online pharmacy market. The growth potential has already drawn India’s largest conglomerates, including the Tata group and Reliance… Continue reading Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
YPay raises funding from We Founder Circle and 10 other India updates
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India: PE-backed Manjushree Technopack to buy Classy Kontainers
The proposed acquisition will help MTL consolidate its position in the market. MTL will have access to all production units of Classy Kontainers located in five cities and serve the latter’s existing clientele in the paints, adhesives, speciality chemicals and FMCG segments. With over 40 years of packaging expertise in India, MTL caters to the… Continue reading India: PE-backed Manjushree Technopack to buy Classy Kontainers