Go-Jek’s US$500mil funding shows that the Indonesian market is strong enough to birth unicorns, writes Masyitha Baziad.
If we want to create more unicorns in Asia, investors need to change the way they think and invest, writes angel investor Dr V. Sivapalan.
Entrepreneurs have that special ability to join the dots, pivot and adjust their offering; and the successful ones develop a strong business frame rather than a business model, write Anwar Jumabhoy & Srikrishna Vadrevu.
Skolafund aims to be the biggest education financing platform in Asia by helping underprivileged students pay their fees via crowdfunding.
The entrepreneur panel session at What’s Next saw three technology founders share some key advice. Karamjit Singh has the highlights.
Cradle Fund has grown its co-investment programme fund size to RM107.2 million (US$25.11 million) after tying up with four additional partners: Senior Marketing System Asia, East Ventures SEA 2, MOC Capital and Qeerad Holdings.
Some may see the recent launch of Cradle Seed Ventures Pte Ltd as an initiative to encourage public-private partnership on the domestic startup funding front, but the move has a much bigger agenda: To prevent, or at least to minimise, the number of good deals flowing out of Malaysia.
Cradle Fund Sdn Bhd has signed up another five partners for its Co-Investment Partners programme, doubling the total combined funding under the programme to about RM56.7 million (approximately US$16 million) from RM28 million.
Securities Commission Malaysia (SC) has released the Guidelines on Regulation of Markets under Section 34 of the Capital Markets and Services Act 2007 to introduce new requirements for the registration of equity crowdfunding (ECF) platforms, and to provide governance arrangements for the operator of such platforms.
The Singapore Exchange (SGX) said it has signed an MoU with Clearbridge Accelerator to form a JV company to develop a fundraising platform which aims to address financing gaps faced by SMEs and entrepreneurs.