Business
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KWAP Invests RM124mil In Uber
Uber, a non-traditional asset, has just seen the investment of RM124mil by KWAP, Kuala Lumpur’s second largest pension fund. Following in the footsteps of Khazanah Nasional’s investment in tech start-ups seems to be the fuel…
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Three Deals Emerge In Singapore: SMRT-Cyclect Joint Venture; PSL Raises Funds; Asiamedic In M&A Discussions
SMRT, alongside Cyclect Electrical of JV SMRT Corporation have established a joint venture company in conjunction with Cyclect Electrical Engineering. Cyclect Electrical Engineering is a Singapore-based business which serves the industrial plant building industry including…
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Grab Raises US$750 Million In Funding To Go Up Against Uber Southeast Asia Expansion
Grab, formerly known as GrabTaxi and the largest company rivaling Uber in Southeast Asia has raised an amount of US$750 million in their Series F investment rounds. The oversubscribed funding was said to be led…
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JoJonomic Reach Singapore After Grabbing $1.5m Series A Funding For Expense Management Software
JoJonomic is an Indonesian startup that got their breakthrough when participating in Google’s launch pad accelerator in January 2016. One of just eight Indonesian companies selected, their expense management software stood out. Originally designed to…
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Former Google GV CEO, Bill Maris, in Talks to Raise $500 Million
Bill Maris, who founded GV (Google Ventures) in 2009, recently stepped down to allegedly spend more time with his wife and son as well as consider new ideas. A recent report states that Maris is…
