By Anjuli Davies
Investment banks have been on an “intensive diet” since 2011.
This is its second such capital raise in the past 12 months.
It was once the preserve of rich oil exporters or nations with trade surpluses,
KT4 Partners LLC has sued the privately held data analytics company.
This could be South Korea’s second-largest listing ever.
Toshiba Corp.’s memory chips business is attracting more potential bidders ahead of an end-March deadline, including Japanese government-backed entities, people with knowledge of the matter said. The Development Bank of Japan is considering a joint offer with U.S. financial bidders, people familiar with the matter said, asking not to be identified… Read more »
On-demand cleaning services platform Helpling has raised nearly $10.7 million (S$15 million) from existing investors, led by Singapore-based Asia Pacific Internet Group (APACIG), a start-up incubator established jointly by Rocket Internet and Ooredoo. Other investors in the Berlin-based start-up include Rocket Internet, Lakestar, Accel Partners, and Mangrove Capital. As per a TechCrunch… Read more »
IPO activity in the region may pick up this year.
In 2016, fund-raising of $43b slightly trailed the five-year average
Next generation data-driven VC fund, Follow The Seed, announced today that it has launched a $50 million Israeli global fund, which will be open for investments early 2017. The fund – aimed to cater to under-resourced market of startups seeking between $500,000 and $2 million – has already received over… Read more »