Deals

Singapore

Singapore’s Tribe Accelerator startups raise $70m in funding

Tribe has garnered a new strategic investment that will help it expand to new markets.

Indonesia

MDI Ventures said to be close to investing $20m in Djarum Group’s Cermati

Controlling shareholder Djarum Group will be investing $10 million in Cermati's Series C round.

India

India: Flipkart to buy travel and hotel booking platform Cleartrip

Cleartrip last raised an undisclosed sum from Concur Tech and Gund Investments in 2016.

Malaysia

Italian insurer Generali in talks to buy AXA Malaysia assets worth $358m

The Italian insurer, which is already present in Malaysia, will discuss the deal at a board meeting on Wednesday.

Rest of Asia

Japan’s delivery giant Sagawa ties up with startup to develop first EV

Sagawa said it intends to replace all of its 7,200 compact vehicles to EVs by 2030.

Rest of Asia

Toshiba investor Oasis unimpressed by CVC Capital’s $20b offer

US hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers.

Greater China

China’s revamp of Ant Group dents investor appetite for IPO revival

Last year, Ant's valuation was touted at $315 billion for its IPO.

India

Indian unicorn Pine Labs buys loss-making SE Asian discounts platform Fave in $45m deal

The announcement confirms DealStreetAsia's report in November that Fave is scouting for buyers.

Greater China

Xiaomi invests in Welink and 13 more deal updates from Greater China

In February 2020, Mihayou, CMGE, and Before Capital had co-led a pre-A round in Welink.

Singapore

Temasek, BlackRock partnership commits initial $600m to invest in firms reducing carbon

Decarbonization Partners aims to raise a total of $1 billion for its first fund.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW