By Kristie Neo
Tin Men Capital launched its maiden $100-million fund last month, targeting pre-Series A deals in B2B tech in SE Asia.
For Ideosource, its investment in films comes after the full deployment of its $15-million tech fund, through which it invested in 27 early-stage tech startups, including aCommerce, Orori, e-Fishery, and Bhinneka.
ST Engineering Ventures plans to set up tech centres in the US and Israel in 2019. The CVC also sees itself as the conduit between startups and end-customers, especially in the B2B and B2G space, where some buy-in from larger institutional players is needed.
NBFCs slowing down will have a rippling effect on funding of projects. We are likely to see defaults and delays in repayments. Asset takeovers and workouts are imminent, so the industry should be prepared, he says.
The Billion Dollar Fund for Women hopes to spark a conversation among larger funds including institutional investors, pension funds and family offices to look at investing in women-led businesses.
The Singapore-based healthcare fund is side-stepping the cash burners like genomics and biopharma to focus on devices, diagnostics and digital health.
The venture capital firm recently closed its second fund at its $135-million hard cap.
Kresna took two of its units M Cash and NFC to list at the IDX, raising $22 million and $21 million respectively.
Chief executive Jamaludin Bujang maintained that all of MAVCAP’s funds are generating positive returns.
Ellis said that the currency volatility and low household savings in SEA will push P2P lenders to collaborate with players with bigger pools of cash. In markets like Indonesia and the Philippines, these will be financial institutions and banks.