Chua Kee Lock
Licence will help the financing platform create a 360 solution to serve the unmet financial needs of SMEs.
Singapore-based fintech plans to expand to Singapore in 2Q19.
Round is led by Vertex Ventures SEA and India.
Participating in the round are SMDV, Vertex Ventures , Pavilion Capital, Line Ventures, Digital Garage, Agaeti, Triputra, Jerry Ng, EV Growth and OVO.
Online portal theAsianparent raises multimillion-dollar funding from Vertex Venture Holdings and angel investors Teruhide Sato, William Klippgen and Hellmut Schutte to fuel its expanions plans.
In this second of two parts, DNA founder Karamjit Singh delves into Vertex Venture CEO Chua Kee Lock’s own experience as a disruptive entrepreneur, the lessons he learnt, and how they shape his philosophy as a VC.
Singapore-based Vertex Venture Holdings Ltd invests in disruptive technologies and companies in Asia and the US, hoping to make a profit – but also to ensure it has an interest in any company that ends up disrupting the markets its parent company, Temasek Holdings, is looking at.
GrabTaxi (MyTeksi in Malaysia) lands a substantial Series A round, reported to be in the region of US$10 million, with existing investor Singapore venture capital firm Vertex Venture Holdings as the lead investor. Karamjit Singh has the story.