Deviana Chuo
Stories by Deviana Chuo
Novo Tellus inks pact to invest in Catalist-listed Grand Venture Technology
GVT plans to use a majority of the proceeds to expand its business through M&As, JVs and partnerships.
SEA Digest: Sampingan, Zipmex in funding news
Sampingan, an Indonesian workforce platform for on-demand independent workers, has raised $5 million in its Series A round.
J. Safra Sarasin to buy BMO’s private banking business in Hong Kong and Singapore
The acquisition is expected to be completed during H1 of 2021.
SG digest: iSTOX launches unicorn fund; Goldman Sachs buys White Ops
iSTOX's fund is targeting stakes in unicorns in Asia, Europe, and the US.
Singapore’s Heritas Capital looks to secure first close of $30m new venture fund in H1
HVF II has a $30m target and looks to invest in healthtech, edtech and foodtech.
Indonesian fintech Digiasia Bios raising $50m debt, eyes strategic investments too
The firm has mandated CLSA and Lima Capital Asia for the fundraising process.
PE firms bullish on hospital space in SE Asia but may scout for niche strategies
Investors will be watching hospitals chasing a deeper growth strategy beyond the model of adding beds.
After challenging 2020, expect thaw in SE Asian PE deals and exits next year
Many PE firms had postponed their planned exits to next year.
Velocity Ventures launches $20m fund to help companies that address pandemic’s impact
The fund will target SMEs in their seed and Series A+ rounds.
Singapore launches $9m programme to strengthen the country’s blockchain ecosystem
Singapore Blockchain Innovation Program aims to align blockchain technology research with industry needs.