The global energy crunch which has sent natural gas prices to record highs and caused power shortages in many parts of the world is now spilling over to the island state of Singapore which is ... ( read original story ...)
Asia Digest: SG’s Fat Projects Acquisition raises $100m; K Car mops up $285m in IPO
SG-based SPAC firm Fat Projects Acquisition Corp has announced the closing of its $100-million IPO while K Car, a South Korean automotive marketplace fully owned by private equity firm Hahn & Company, ... ( read original story ...)
PharmEasy Closes Pre-IPO Investment Round Of Up To $350 Mn; Valuation Jumps To $5.6 Bn
API Holdings Ltd, the parent of PharmEasy, has also closed a $130-140 million secondary share sale. Around 20 senior executives have acquired shares worth $5 million as part of the secondary sale ... ( read original story ...)
Paytm, Fino, OYO: Inside The Grey Market Rush For India’s IPO-Bound Startup Shares
The shares of the two fintech startups (Fino and MobiKwik) have mainly been on the rise, post the IPO approvals. In another significant development this week, the unlisted arena has started witnessing ... ( read original story ...)
Funding Rundown: Tala raises $145M, PharmEasy gets $350M in pre-IPO round, says report & SaaS Labs bags $17M in Series A round
Tala raises $145M in funding round led by Upstart Fintech company Tala has raised $145 million in Series-E funding round, led by Upstart with participation from the Stellar Development Foundation. New ... ( read original story ...)
Adani Wilmar, Nykaa, Star Health and Allied Insurance, among 6 IPOs approved by SEBI
Rakesh Jhunjhunwala-owned Star Health Insurance, e-commerce brand Nykaa, and Adani Group’s FMCG unit Adani Wilmar are some of the companies that received the green light from capital markets regulator ... ( read original story ...)
DBS throws weight behind Singapore National Paralympic Council as sponsor
DBS also matched the Council's Athletes Achievement Awards, doubling Singapore Paralympic gold medallist Yip Pin Xiu's winnings to SG$800,000, multiple media reports said. ( read original story ...)
‘Game-changing’ technologies like AI raise issues of ethics and philosophy: DBS CEO
MR Piyush Gupta was speaking at the Tech3 Forum last Friday where he focused on three "game-changing" technologies and ethics.. Read more at straitstimes.com. ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today amid mixed global cues; SGX Nifty futures up 25 points
Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note. Nifty futures trading on Singapore Exchange -- an early indicator of NSE's Nifty50 index in India -- were ... ( read original story ...)
Singapore Bourse Expected To Crack Resistance At 3,200 Points
The Singapore stock market has climbed higher in three straight sessions, collecting almost 65 points or 2 percent along the way. The ... ( read original story ...)
PharmEasy closes $350 million in pre-IPO round, valuation jumps to $5.6 billion
Amansa Capital, Blackstone-backed hedge fund ApaH Capital, Steadview, Janus Henderson, Sanne Group, ADQ, others join pre-IPO round ... ( read original story ...)
4 Ways Multiplier Account Rewards You As You Work Towards Your Financial Goals
This post was written in collaboration with DBS. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same ... ( read original story ...)
DBS Bank double Singapore Paralympians’ prize money for Tokyo 2020
Singapore's Para-athletes will get double of their financial awards for medals at the Tokyo 2020 Games, after DBS Bank announced that it will match ... ( read original story ...)
India: GPT Healthcare files draft papers with SEBI to raise capital via IPO
GPT Healthcare Ltd, which runs the chain of ILS Hospitals, has filed a draft paper to seek Securities Exchange Board of India (SEBI) approval for raising funds via an initial public offering (IPO). ( read original story ...)
India: IPO-bound VLCC Health Care raises funding via share sale to foreign entity
VLCC will utilise the funds towards working capital requirement and for expanding its business as well as that of its subsidiaries. ( read original story ...)
UOB launches U-Energy, Asia’s first integrated financing platform to drive energy efficiency
Energy, the first integrated financing platform in Asia, to drive the development and adoption of energy efficiency projects for buildings and homes across four markets, starting in Singapore, ... ( read original story ...)