GTR Ventures

Novo Tellus Capital picks DeClout stake in Singapore’s Procurri Corp


The investment is made via Novo Tellus’ second fund, Novo Tellus PE Fund 2.

Keppel, SPH gain majority control in Singapore mobile operator M1

Malaysia’s Axiata Group, the largest shareholder in M1 Ltd, has accepted a bid from Singapore investors that valued M1 at $1.4 billion.

Ascendas-Singbridge selling 45% stake in Shanghai assets to Mitsui

The value of the deal was not disclosed but Japanese financial research provider DZH Financial Research said it is close to $162.2 million.

SG’s Circles.Life secures Series C funding led by Sequoia India for expansion to new markets

Circles.Life will launch operations in more than five markets in the next 18 months, investing over $36.8 million (S$50 million) per launch.

GIC leads $125.5m Series C round for Chinese biotech firm Burning Rock

The round was joined by LYFE Capital, CMB International Capital, Lilly Asia Ventures (LAV), Sequoia Capital China and T&Brothers Capital.

GOJEK ropes in former National Research Foundation exec as Singapore GM

Lien Choong Luen will be responsible for GOJEK’s commercial operations and other business activities in Singapore.

Singapore’s GIC said to be shopping billion-dollar PE portfolio

In July last year, GIC had reportedly offloaded around $1.7 billion of equity stakes to Goldman Sachs Asset Management.

People Digest: StanChart names SG global banking head; CBRE top-level changes

Standard Chartered Bank has announced the appointment of HSBC executive Chow Wan Thonh as the head of global banking in Singapore. 

SG’s Antler to hit final close of $30m Southeast Asia fund this year

Antler CEO and founder Magnus Grimeland said the fund was oversubscribed, which led the firm to increase the fund size from an initial $15-20 million.

SG’s Mapletree Industrial Trust to raise at least $129m via private placement

According to an SGX filing, part of the proceeds will be used to finance the acquisition of 18 Tai Seng Street.