Malaysia’s OSK invests in Singapore-based Blue Planet

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Malaysian private equity firm OSK Ventures International Berhad has invested an undisclosed sum in Singapore-based technology-driven end-to-end waste solutions company Blue Planet Environmental Solutions (Blue Planet), according to an official release.

Blue Planet will use the investment to acquire innovative technologies to manage organic and inorganic waste streams that are tailored to the region’s specific requirements.

“With Blue Planet’s proven technology and significant track record in delivering viable solutions in the waste management platform, we look forward to growing with them and at the same time, being able to contribute towards greater social impact especially with regards to the environment,” said Patrick Yee, OSKVI’s Chief Operating Officer.

Blue Planet’s integration of sustainability metrics in its operations enables it to enhance existing processes in the waste management industry and add significant commercial value.

Last December, the company acquired Yasasu EMS, an organic waste processing company based in Mumbai. It earlier acquired Rudra Environmental Solutions, which owns and operates a thin film plastic waste recovery facility in Pune, India.

OSK Ventures is a Malaysia-based private equity company that provides equity capital to companies ranging from revenue-generating startups to late-stage growth companies with operating profit track records seeking expansion capital.

Its current investment focus includes technology, education, consumer and retail, and financial services.

Last July, it set up a joint venture fund with Japan’s SBI Holdings Inc with an initial commitment of $20 million. Named OSK-SBI Dynamic Growth Fund, the fund has both partners contributing equally to the corpus. It will focus on investments in private startups in the ASEAN region and have a lifespan of five years.

Also Read:

Malaysia’s OSK Ventures, Japan’s SBI Group launch $20m PE fund

Singapore’s 4xLabs raises $1.5m follow-on round led by Dymon Asia, OSK Ventures 

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.

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.