The first close of the fund came late last year at $484 million, with backers including insurance companies, banks, trust companies and other institut
The round was joined by return backers 500 Startups, Golden Gate Ventures and Sequoia India, and new investor DBS.
Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking are reportedly planning to invest in the $100-billion Vision Fund, possibly by the end of May.
The 10 startups, which belong to the program’s third cohort, have collectively secured over 100,000 customers and amassed S$500,000 in revenue.
IPOs & Markets
Hyphens Pharma secured Nikko Asset Management Asia, Qilin Asset Management and Maxi-Harvest Group as cornerstone investors.
OMERS Ventures, an arm of Candian public pension fund OMERS, plans to expand its global footprint beyond North America and into the European and Asian
The Skystar and East Ventures-led round was joined by Gobi Partners, Convergence Ventures, Provident Capital and Central Capital Ventura.
The round was joined by new investors Sequoia China, Yunfeng Capital, Taikang Insurance Group, CITIC PE, ARCH Venture Partners, Hillhouse Capital and
Former NSI Ventures senior investment associate Aditya Kumar and former Northstar Group associate Jonathan Barki are said to be among those that have
The deal marks Alibaba’s second acquisition of a Rocket company, after Lazada.
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