Temasek’s portfolio value hits record $283b aided by global equity rally, IPO gains
IPOs of its foreign portfolio companies such as Airbnb, Roblox, and Doordash aided the growth.
China Digest: ProfoundBio, Xiaobing AI in funding news
Chinese oncology biotherapeutics company ProfoundBio has raised over $55 million in its Series A round.
People Digest: Group ONE adds David Levy to its board; theAsianparent hires branding officer
Singapore-based theAsianparent has appointed Fiza Hasan Malhotra as its first chief branding officer.
Utico makes last-ditch effort to stop liquidation of Singapore’s Hyflux
A new date for the winding up hearing will be set in a pre-trial conference today.
Data Vantage: Emtek’s Vidio eyes capital, InVideo raises $33.2m and more
Investors are seeking to tap the growing popularity of video-on-demand services.
Ex-Blackstone India co-head Mathew Cyriac eyes IPO hit with Data Patterns bet
Cyriac has become known for turning around struggling firms and creating huge returns.
Carsome, Catcha Group partner to acquire iCar Asia in $200m deal
The deal will create the largest digital automotive marketplace in Southeast Asia.
After luring VC money, SE Asia’s DTC startups look to tackle customer acquisition costs
As a DTC brand scales, online CAC rises to a point where it becomes cheaper to adopt a brick-and-mortar strategy.