SC Capital raises $850m new realty fund


Singapore based institutional real estate private equity investment firm, SC Capital Partners has held the final close of its fourth real estate private equity fund on $850 million, the company said. The fund – Real Estate Capital Asia Partners IV or RECAP IV – held its final closing on December 5,… Read more »

Singapore’s Corporate360 raises $200k seed capital

Corporate360, a Singapore-based B2B marketing data software provider launched in 2012, announced that it had raised $200,000 in its seed funding cycle. This injection of funds will support a new product launch – a SaaS B2B marketing campaign tool – and heavier payroll demands, which are driven by the expansion… Read more »

The next wave of super Startups? Look at CleanTech

A blog post by cleantech private equity investor Rob Day of Black Coral Capital says that the next wave that venture capital funds, private equity firms and business development firms – may want to explore is the cleantech sector. Clean technology involves technologies and business models revolving around recycling, renewable energy (e.g. solar… Read more »

GIC makes two exits – Marico, GPT

Singapore’s sovereign wealth fund, GIC, has made two exits recently – it partially exited India -based FMCG company Marico and completely exited from Australia’s GPT Group – with handsome returns in both cases. GIC makes part-exit from Marico GIC has made a part-exit from India’s FMCG company Marico, a report… Read more »

Singapore’s JTC LaunchPad plans further expansion

JTC LaunchPad @ one-north, the Singapore startup venture cluster located at Ayer Rajah Crescent, is planning to expand again. Unlike the San Francisco expansion, slated for later this year, this expansion will be a local one, aimed at expanding capacity. The LaunchPad plans to house approximately 750 startups by 2017, an… Read more »

Temasek increases stake in Mahindra’s NBFC

Singapore state-investment firm Temasek has boosted its investments in India’s Mahindra & Mahindra Ltd’s (M&M) non-banking finance company Mahindra & Mahindra Financial Services Ltd (MMFSL) recently, and had invested between $40-45 million in the NBFC, through secondary market purchases, a report said. According to vccircle, this marks the second time… Read more »

MedTech startup VolitionRx looking at $12m potential funding

VolitionRx, a Singapore-based medical technology venture that plans to bring low-cost cancer diagnostics tests to the masses, might be looking at a potential funding of up to $12 million. Beginning of the month, VolitionRX filed for an “uplisting” on the New York Stock Exchange (NYSE), superseding its existing listing on… Read more »

Del Monte cancels $360m pref share offering

Food and beverage products company Del Monte Pacific, which is dual-listed on the mainboard of the Singapore Exchange (SGX) and the Philippine Stock Exchange (PSE), has deferred plans for its international offering of $360 million worth of preference shares. Also Read: Del Monte Pacific  plans to raise $180 million through a rights… Read more »

Antuit raises $56m from Goldman Sachs, Zodius

Singapore headquartered and Bangalore-based data analytics start-up, Antuit Holdings Pte Ltd has bagged $56 million in funding by Goldman Sachs Group Inc. Zodius Capital, an existing investor in Antuit, also participated in the latest fundraising round. The deal indicates that the US investment bank is betting on Asian companies offerings’… Read more »

migme enters e-commerce, buys

The Singapore-based social entertainment platform listed on the Australian Securities Exchange (ASX), migme, has  entered e-commerce space with the acquisition of defunct online penny auction site from parent firm Soldgers Pte Ltd. migme plans to relaunch in February, with progressive integration into core services and expanded into key… Read more »