Singapore’s data analytics startup Latize raises Series AA round

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Singapore-based startup venture, Latize, which focuses on linked data analytics solutions, completed a Series AA round of funding. The financing was led by August Capital Partners (ACP) and Spring Seeds Capital (SSC) along with other unnamed private investors. The amount is claimed to be in single-digit millions. The latest round of funding will be used to grow capacities… Read more »

Singapore’s Equis Fund invests $116m in India’s Assetz Property

Equis Funds Group, a Singapore-based energy and infrastructure investor, has invested $116 million in Bangalore-based Assetz Property Group (APG), in order to finance APG’s mid-income housing townships in India until 2020. Equis was started by former Asian Development Bank and Macquarie executives in 2010 to access the various investment opportunities available in the energy… Read more »


EXCLUSIVE: Rotimatic creator gets Series A funding from NSI Ventures

Zimplistic Inventions, the startup that created Rotimatic, the world’s first fully automated robot roti-maker, has raised Series A funding from Singapore-based venture capitalist NSI Ventures. DEALSTREETASIA has learnt NSI Ventures’ investment in the appliance maker that can churn out one roti (Indian bread) per minute – developed by Singapore-based co-founders Pranoti Nagarkar and… Read more »


Singapore’s Temasek among investors in Amazon competitor Jet.com

Singapore state-fund Temasek Holdings has joined an investment round led by Bain Capital Ventures, to pump in an additional $140 million into upstart Jet.com, that is hoping to rewrite as well as reinvent the rules of online marketplaces.


MoneyMax pioneers online pawnbroking platform

Catalist-listed MoneyMax Financial Services just launched MoneyMax Online, making it Singapore’s first pawnbroking chain to offer an online platform and mobile application for buying, selling and appraising valuables. Both website and mobile app have been designed to make it more convenient for customers to value their pre-owned items, such as jewellery,… Read more »


Singapore based Glints secures S$475,000 in seed funding

Singapore-based Glints, founded by Oswald Yeo, Seah Ying Cong and Looi Qin En, secured S$475,000 in seed funding from venture capitalists and media agencies.. This was in an oversubscribed round led by East Ventures and later joined by 500 Startups, SPH Media Fund, Singapore Infocomm Investments (IIPL), 8 Capita, Pix Vine Capital and other… Read more »


Realty crowdfunding platform CoAssets gets S$1m Series A funding

Singapore-based CoAssets, the first real estate crowdfunding platform in ASEAN which was launch in July 2013, closed a Series A S$1 million ($799,800) investment round led by private investors at a S$13 million valuation. CoAssets crowdfunds residential and commercial properties in Asia, Australia, the UK and the US. Membership has grown from an… Read more »


Sembcorp buys 60% in India’s Green Infra for $168m

Singapore-based Sembcorp Industries, a conglomerate dealing in renewables, energy, water and maritime infrastructure, has acquired 60 percent in Indian renewable energy company Green Infra Ltd. for US$168.5 million. Green Infra was formerly incubated by private equity firm IDFC Alternatives. Listed on the Singapore Stock Exchange, Sembcorp owns 7200 MW of… Read more »


Singapore’s Infocomm launches integrated start-up facility BASH

BASH (Build Amazing Startups Here), an initiative driven by Infocomm Investments Pte Ltd (IIPL),  the investment arm of Infocomm Development Authority of Singapore (IDA), officially launched today. Currently the largest integrated startup space in Singapore, BASH spans across more than 25,000 square feet on Level 3 of Block 79,  integrating facilities like prototyping labs, co-working… Read more »


Claco Music, Erdo, Jetbay win SEAMAC Mobile App Challenge 2014

After months of gruelling competition, three teams emerged victorious in the inaugural SEAMAC Asia Pacific Mobile App Challenge. Organised jointly by J-Seed Ventures, StarHub i3,  IE Business School and Applied Innovation Institute, SEAMAC is designed as a platform that helps create employment opportunities for youth, enhancing dialogue between developers and industry partners and to incubate… Read more »