Abhishek Chatterjee
Stories by Abhishek Chatterjee
Binny Bansal, Tiger Global, Accel, others divest Flipkart shares worth $3b to Walmart
Flipkart co-founder Binny Bansal makes a full exit from the firm.
Data Vantage: DeClout ups stake in Ascent Solutions, Temasek injects capital into Nurasa
Ascent Solutions is a Singapore firm specialising in IoT and blockchain solutions.
SG digital lender MariBank bags $173m from parent Sea Ltd
MariBank launched its digital banking services in March this year to the public on an invite-only basis.
Singapore unicorn PatSnap’s revenue climbs 21%, net losses narrow in 2022
The decrease in losses was limited due to rising expenses.
Data Vantage: SpaceAge Labs, Lazada, Startale Labs, Phasio and Kilde pocket funding
IoT startup SpaceAge Labs has secured funding from a unit of US-based water treatment solutions unicorn Gradiant.
Data Vantage: LINE MAN Wongnai, Mandala Club allot shares; NEU Battery Materials bags capital
LINE MAN Wongnai issued Series B shares to BEACON VC and other investors.
[Updated] SG-based Doctor Anywhere’s losses nearly tripled in FY22 on soaring expenses
Revenue jumped 62% during the period, but employee expenses played a spoiler.
Data Vantage: LionsBot, HMI Group, Optty, MindX and ANEXT Bank report updates
Robotics firm LionsBot secured additional funding as part of its Series A round this week.
Data Vantage: Honest Bank, Blue Planet bag capital; Tonik and others file financials
Singapore-based fintech firm Honest Bank received a fresh capital infusion last week.
SG-based ShopBack triples revenue in 2022, but losses fall only a tad
The company incurred higher expenses on user incentives, employee benefits etc.