Funding

Singapore’s Tembusu Partners invests US$10mil in NZ’s CricHQ
Wellington-based CricHQ Ltd said it has secured up to US$10 million of funding from Singapore-based private equity firm Tembusu Partners Pte Ltd.
PropertyGuru secures US$129mil investment from consortium
Singapore-headquartered online property portal group PropertyGuru Group announced it has received a S$175-million (US$129-million) investment from a strategic consortium of three investors, believed to be the largest investment in the South-East Asian technology sector so far this year.
Indonesian industrial B2B marketplace Ralali gets US$2.5mil funding
Ralali, a business-to-business (B2B) marketplace specialising in MRO (Maintenance, Repair, and Operational) products, said it has secured US$2.5 million in funding from two Japanese investors.
18 months later, Cradle Seed Ventures finally launches
After many months of planning, discussions and getting feedback from various stakeholders, the much-awaited Cradle Seed Ventures Pte Ltd has finally launched, with RM40mil in its coffers and 30 to 40 startups in its sights.
Sync, MauKerja raise RM1mil each from Cradle co-investment pact
Education services provider Sync and recruitment portal MauKerja have each raised RM1 million (US$275,000) from Cradle Fund Sdn Bhd and OSK Technology Ventures Sdn Bhd, a wholly-owned unit of OSK Ventures International Bhd (OSKVI).
The startup ecosystem pipeline: What comes after the funnel
By ensuring the pipeline is as secure as the funnel is wide, an ecosystem has a far greater chance at sustaining itself, writes Justin Hall of Golden Gate Ventures.
Singapore startup Alpha7 raises additional US$2.3mil
Singapore-based technology consultancy startup Alpha7 said it has raised an additional S$3.1 million (US$2.3 million) in funding from private investors, without elaborating.
Week in Review: A new startup star on the horizon?
Not surprisingly, DNA founder Karamjit Singh’s thoughts this week revolve around Joel Neoh and what he brings to the table with his latest foray into the startup world, while those of you in Malaysia, Thailand and Singapore may want check out the broadband affordability story.
Joel Neoh's KFit aims to make keeping fit fun, and social
Keeping fit is what has got Joel Neoh excited enough to base his new startup KFit on it. Not only is the market size large, he also sees a greater purpose – to help raise fitness and by association, health levels across Asia Pacific. And for starters, he believes he has possibly raised the largest pre-seed funding round in Asia.
(DNA Top 10 in 2014) Mark Chang's second act: To aid disadvantaged entrepreneurs
In his first interview after his deal to sell off the Internet assets of JobStreet.com for US$582 million, Mark Chang speaks to DNA founder Karamjit Singh in New York about his excitement in building the next 10 hot ‘billion-ringgit’ startups.
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