Gaurav Sharma of Atlantis Capital believes that the venture ecosystems of Asian destinations such as Singapore and Hong Kong need a Silicon Valley-like deep tech talent pipeline in order to grow. When it comes to talent, he also suggests that Asia-based venture capital firms look inwards and diversify their own talent profiles to… Read more »
By Shiwen Yap
Funding received from family of Francis Rozario, founding chairman of Asia Capital & Advisors.
This financial year has set a record for mergers and acquisitions (M&As) in India, with deals worth $61.26 billion—more than double the value of transactions last year. In 2015-16, M&A deals were worth $27.62 billion. The sharp increase was a result of both strong foreign buying interest and consolidation underway… Read more »
Singapore-based fintech startup soCash, which operates a digital cash management platforms for banks, has closed a US$600k angel round to fund its growth.
The financial regulatory boards of Singapore and Japan sets up common standards between both countries, the Asean Capital Markets Forum (ACMF) and the International Capital Market Association (ICMA) introduces the Asean Green Bond Standards while SGX raises the pro-rata renounceable rights issue cap to 100% of share capital.
The MAS and ADGM have entered into a partnership, Zico Asset Management has commenced commercial operations and Funding Societies has launched FS Bolt, which targets SMEs in need of working capital.