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Singapore finance portal MoneySmart raises US$10M to boost presence in APAC

Singapore-based personal finance portal MoneySmart has raised S$14 million (US$10 million) in a Series B round led by Kakaku.com Inc, a Japanese online service provider. Existing investors SPH Media Fund and Golden Gate Ventures also participated in the round. MoneySmart will use the fresh round of financing to boost its presence in Singapore and Indonesia, […]

China’s Road to World Tech Domination Begins in Southeast Asia

Isaac Ho and several investors were watching a pitch from a cancer-detection startup in Singapore when one of the Chinese billionaires present got up and — without a word — scrawled “Speed x Market Share” in Chinese characters on a whiteboard. It was a simple formula that meant: be first and be largest, no matter the […]

Go-jek’s golden funding round from Tencent & its halo effect on the Indonesian ecosystem

The stakes just got even higher in Indonesia’s ride-hailing space with local champion Go-jek reported by TechCrunch to have raised a US$ 1.2 billion round led by Tencent Holdings Limited (Tencent) on a US$ 3 billion valuation, sending the message to Grab, “What you can raise, we will do better.” As of publication time, there […]

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