Amala Balakrishner
Stories by Amala Balakrishner
Singapore allocates $1b to global credit fund managers in a bid to become private markets hub
The funding is part of the private markets programme launched in 2018
Temasek-backed Temus acquires Singapore system integrator Dreamcloud
This is the first acquisition made by Temus since it was set up in April 2021
Akulaku joins hands with Alipay+ to make cross-border shopping more seamless
More than 4,000 merchants are already online in the Akulaku PayLater system
Japanese B2B platform Josys raises $32m in Series A funding
Josys plans to use the funds to strengthen its development wing in India and sales structure in Japan.
DSG Consumer Partners leads seed investment in SG healthcare startup Moom Health
The $854k seed funding round also saw participation from Nuguru
[Updated] Delivery Hero’s Foodpanda conducts staff layoffs across SE Asia
About 5% of Foodpanda's Singapore-based regional team was let go earlier this week, said sources.
Singapore telecom network M1 launches cloud-gaming service Zolaz
Zolaz caters to both mid-core and casual gamers
Temasek launches infra debt financing firm with HSBC, said to lead $100m investment in Animoca Brands
The state investor and HSBC will put in a joint capital investment of $150m
Olam Group’s arm OFI secures $1.98b sustainability loan from 19 banks
The loan will be used for refinancing OFI’s existing loans and general corporate purposes.
Bankrupt crypto exchange Zipmex close to sealing investment round
It is finalising the commercial terms with two of three investors it has signed MoUs with