HealthXCapital launches $25m healthcare fund for SEA and India


The fund is backed by Apollo Hospitals, Jungle Ventures, Eight Roads Ventures, the proprietary investment arm of Fidelity International, and other private investors.

We’d like SEA to be better understood by LPs: Dymon Asia partner Gerald Chiu

Dymon Asia, which claims to have clocked a net IRR of a little under 30% from its $240 million vehicle DAPE I, hopes LPs would see the region as a “must have” part of their investments.

SG biotech firm RWDC raises $13m round co-led by Vickers, WI Harper

The latest financing will help RWDC accelerate the development of its polyhydroxyalkanoate (PHA) biodegradable biopolymers that it says can replace single-use plastics,

Singapore to help crypto firms set up bank accounts while staying vigilant

Some crypto firms have complained that there’s a regulatory vacuum that hampers their Singapore operations because they are unable to open local bank accounts.

Singapore’s TabSquare secures $7.2m in Series B

The Series B round was closed over two years after the company raised $2.57 million in its Series A led by Walden International.

SoftBank’s Vision Fund companies are heading to SE Asia via Grab, says Ming Maa

He said, it is part of the core strategy with SoftBank – which is creating a “unicorn farm” by taking the unicorns to the region through Grab’s platform.

Singapore’s GIC buys stake in Cellnex Telecom from Italy’s Benettons

The deal follows a similar stake purchase in Cellnex by Abu Dhabi sovereign wealth fund ADIA last week.

Singapore startup Venuerific acquires wedding venue platform Wedever

Wedever will function as a separate entity under Venuerific upon closure of the deal.

HK-based PE advisory YCP Group merges with Singapore consulting firm Solidiance

With the merger, both YCP and Solidiance will jointly cover 20 key markets in the Asia Pacific region.

Singapore startup Gogoprint raises $7.7m in Series A led by Online Printing Group

The proceeds will be used to drive Gogoprint’s expansion into Australia, New Zealand and South Korea over the next 12 months