Amala Balakrishner
Stories by Amala Balakrishner
[Updated] Sea Group’s Shopee cutting more jobs in Indonesia
Sea announced positive net income and positive total adjusted EBITDA for Q4 2022.
SG fashion label Love, Bonito’s losses widened in FY2021 due to higher costs, expenses
Love, Bonito is targeting to turn profitable in the next 12 months.
SG’s GetGo raises $15m from Treis amid rising demand for car sharing
Car sharing has been growing in Singapore in light of the high costs of owning a car.
SG public agencies said to be under pressure to manage costs, quantify returns
ESG has been demanding greater disclosure from firms on paths to profitability and cost requirements, among others.
SG wireless communications provider Transcelestial raises $10m in Series A2 round led by Airbus Ventures
The company raised $7 million in equity funding and another $3 million from venture debt providers in the Series A2 round.
Singapore takes steps to drive further private capital investment in business
The govt will commit S$1 billion in funds through the Singapore Global Enterprises initiative.
SG digital pharmacy SwipeRx secures $10m in Series B2 funding round
The round was led by Sanofi’s global health unit and Cercano Management.
SG crypto unicorn Matrixport bets on overseas expansions, better compliance to beat the winter
Besides its existing market US, the startup is eyeing new markets such as UK and Korea.
Sequoia Capital leads $12m Series A round in SG-based Freightify
The round also saw the participation of Trail Mix Ventures and Alteria Capital.
SG digital healthcare group WhiteCoat looking to raise $25m in Series B funding
The company is said to be eyeing an expansion to Indonesia, Vietnam, and Malaysia.
