Startups

Cool Japan Fund invests US$10M in Singapore’s lifestyle media site Clozette

Clozette announced that it had secured US$10 million in Series C funding from Cool Japan Fund, a public-private fund under the Ministry of Economy,...

In brief: TikTok owner Bytedance gets US$1.3B loan from Wall Street

Bytedance Ltd., one of China’s most valuable startup, has bagged a US$1.335 billion syndicated loan from a group dominated by the Wall Street banks. This...

Carousell raises US$56M from Naspers’ classifieds giant OLX

Classified giant OLX Group has taken an approximate 10 percent stake in Carousell in a deal worth US$56 million. The new investment values...

SoftBank bets on Asia’s travel market with US$$225M investment in Klook

Hong Kong-based travel services booking platform, Klook, announced earlier today that it has secured US$225 million in a series D+ round, adding up to...

In brief: SAP begins to select startups for its accelerator program in Singapore

The Germany-based software company, SAP, is beginning to select potential startups for its first batch of participants in the SAP.iO Foundry Singapore. This programme...

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