Amala Balakrishner
Stories by Amala Balakrishner
SG Digest: ADDX ‘fractionalises’ Innoven’s venture debt fund; Layoffs at Amber Group
The minimum subscription size to Innoven SEA Fund 1 has been slashed from $5m to $20,000.
Animoca Brands buys US-based music metaverse company Pixelynx
Pixelynx had raised a seed funding round led by Animoca Brands in Dec 2021.
SG-headquartered financial admin startup Osome snags $25m in Series B round
The round was participated by Illuminate Financial, AFG Partners, and Winter Capital.
Singapore’s AirCarbon Exchange looks to raise $50m in Series B funding
The carbon exchange is backed by Mubadala and Deutsche Börse.
Singapore’s Thunes banks on China-led growth, puts off fundraising plans for now
Thunes sees TPV growing 70% YoY to exceed $20b in 2023.
US-based HR company Deel acquires Australia’s PayGroup for $80m
PayGroup has a strong presence in India, the Philippines, Singapore, Malaysia, and Japan.
Crypto exchange Binance placed on Singapore’s Investor Alert List following complaints
MAS warned that dealing in any cryptocurrency, on any platform, is hazardous.
SG digital wealth manager Kristal.AI raises over $10m in pre-Series B round
The latest round comes over a year after the company raised $6.3m in March 2021.
IPO fundraising in Southeast Asia nearly half of 2021 so far this year
There were a higher number of smaller listings this year, Deloitte analysts noted in a report.
