Singapore-based transport operator ComfortDelGro is looking to list its Australian business while Kydon Group has launched fund to address skill-gap among workers. Meanwhile, Vietnamese VC firm Next100 has launched its accelerator. ComfortDelGro to list Australian arm Singapore-based transport operator ComfortDelGro is looking to list its Australian business, ComfortDelGro Corporation Australia, on the Australian Securities Exchange,… Continue reading Asia Digest: ComfortDelGro to list Australia arm; Kydon’s new fund; Next100 launches accelerator
Author: Deal Street Asia Online News
Jack Ma’s Yungfeng Capital co-leads $100m round for self-driving startup QCraft …
Premium QCraft Inc, a self-driving technology startup with operations in China and the US, has secured $100 million in a Series A+ round of financing co-led by Alibaba’s Jack Ma-backed Yunfeng Capital and ex-Tencent Investment head’s Genesis Capital. Go to Source
KKR India Fin Services and InCred Finance agree to merge their lending businesses
Founded in 2016 by Bhupinder Singh, InCred Finance is a tech-enabled lending institution that spans online and offline models across consumer, small businesses, and education lending. KIFS, which was founded in 2009, provides Indian businesses with financing solutions. “Their (KKR) long-term vision and commitment to the India story fits perfectly with InCred’s objective of creating… Continue reading KKR India Fin Services and InCred Finance agree to merge their lending businesses
Monk’s Hill leads $6.3m funding in Singapore-based financing startup Jenfi
Jenfi, a Singapore-based startup that provides up to $500,000 of non-dilutive growth capital to business owners and entrepreneurs, announced raising $6.3 million in a Series A funding round led by Southeast Asia-based venture investor Monk’s Hill Ventures. Golden Equator Ventures and Korea Investment Partners (via the GEC-KIP Fund), 8VC, ICU Ventures, and Taurus Ventures also… Continue reading Monk’s Hill leads $6.3m funding in Singapore-based financing startup Jenfi
Singapore mental health platform MindFi bags $750k from iGlobe Partners, others
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
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
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
China-focused Enlight Growth Partners targets $225m for second VC fund
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
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