Funding

Singapore’s US$96mil bid to address Series A crunch
The Singapore Government has picked Golden Gate Ventures as one of six VC partners to help address the Series A crunch, reports Karamjit Singh.
Digerati50: Helping entrepreneurs build dreams
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
Rocket Internet property portal Lamudi gets US$7mil for Asian ops
Rocket Internet said its real estate startup Lamudi has received almost US$7 million in new funding from a range of investors including Tengelmann Ventures, the investment company of retail giant Tengelmann Group.
Japan’s Transcosmos acquires 10% stake in Thailand’s Ookbee
Japan-based IT solutions provider, Transcosmos Inc, has agreed to acquire 10% or more of the total outstanding shares in Thailand-based startup, Ookbee Company Limited.
JFDI.Asia secures US$2.1mil to accelerate tech startups in SEA
JFDI.Asia said it has secured firm capital commitments totalling S$2.7 million (US$2.1 million) from an international consortium of investors anchored by Singapore’s Infocomm Investments Pte Ltd.
Help SMEs gain greater financial literacy: ACCA
Governments and policy-makers around the world must encourage financial literacy among small businesses, remove uncertainty in regulation and encourage the publication of more information to enable entrepreneurs to more easily gain access to new and different forms of funding, according to the Global Forum for Small and Medium Sized Enterprises (SMEs).
iBuy listing reinforces value of SEA market to investors: Grove
Catcha Group’s Patrick Grove chats with DNA founder Karamjit Singh about what led to iBuy’s birth and his excitement over the e-commerce momentum in South-East Asia.
iCar raises additional A$7.2mil, to be used to fund Carlist.my
iCar Asia Ltd has announced an additional investment of A$7.2 million (US$6.5 million) from ASX-listed carsales.com Ltd, which it would invest into product development and marketing activities of its market leading brand Carlist.my.
Malaysian startups and the VC perception barrier
Despite its promise, Malaysia is not even looked at when VCs shop around for investments We need more exits to boost our numbers of experienced founders versed in startup pains
CompareAsia Group receives US$3mil funding
Financial comparison website company CompareAsia Group has secured over US$3 million in funding from Stem Capital Partners and “other International investors,” it said in a statement.
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Digerati50 2018-2019

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