Crystal Horse Investments
When your startup fails – and most of them do – having to let go of staff is tough, but managing investors may be just as bad or even worse, writes Gabey Goh.
In a significant development, Cradle Fund Sdn Bhd can now invest for equity instead of just giving grants. Leveraging on VCs, it is targeting amounts of between US$150,000 and US$300,000. Its chief executive Nazrin Hassan explains why.
Funds to fuel growth, plans to expand to Penang and Johor Has inked deals with Groupon and Tourism Malaysia MALAYSIA'S TableApp has raised RM250,000 (approximately US$78,000) in seed funding from Singapore-headquartered Crystal Horse Investments as well as angel investor Hanson Toh.
Jumping into the Asian talent waters is OpenRecruiters, a Singapore-based startup that believes its transparent and simplified approach to recruitment might just be the secret for success.
Crystal Horse Investments has just made its exit from Gilcrux Holdings, at a value that was 10 times the initial sum it invested.
Penang-based startup DeliverEat has acquired mobile loyalty platform ChopChop from parent company GetChopChop, in line with plans to expand its business and fortify market share in the northern state.
It was another week in the ecosystem dominated by startup news, including two VC investments and the visit of Silicon Valley luminaries, and not forgetting the DNA-TeAM Disrupt panel discussion.
Founder of email and database back-up site follows what works for him, but is practical about the realities of Asian investment culture.