By CNBC International
In an interview with CNBC International, Standard Charted Bank Group CEO Bill Winters talks on the lender’s turnaround strategy, digital banking investments, China’s Belt-Road initiative and its options for Bank Permata, among others.
Iron Pillar, which recently closed its $90-million maiden fund, is gearing up to close two deals by year-end. Subsequently, it plans to invest in at least one company every quarter.
Venturra partner Raditya Pramana said, the funding crunch at the seed level was a result of existing VCs launching larger funds in an attempt to move up the value chain.
Founded in 2012, the Singapore-based Crayon Data has an AI algorithm which analyses consumer data to acquire customers for clients like Emirates Airlines, regional banks and hotels.
The newly-launched $100-million tech-focused fund will invest in Vietnamese companies with proven revenue streams, especially those with concepts that can be scaled up to a regional or global level.
Ng Beng Tiong, CEO, ARA Private Funds & Assistant Group CEO, ARA Group, is of the view that the firm should look at another 1-2 years before revisiting the question of listing.
The $1b fund was launched in May 2017 with a mandate to invest in fintech & healthtech businesses outside China.
MobiKwik recently acquired mutual funds advisory platform Clearfunds to widen the scope of financial services offered on its portal
Latitude Venture Partners is the newly-formed VC arm of Indonesian conglomerate Sinar Mas.
PropertyGuru, which is already cash flow positive, is now completing a full year of profitable operations.