DBS launches venture debt programme for tech start-ups to raise funds

DBS Bank has launched a programme to provide financing to technology start-ups and expand capital-raising options for technopreneurs. Tech start-ups can tap the new DBS venture debt programme for working capital, buying fixed assets and even project financing. To qualify, tech start-ups must be backed by DBS’s partner venture capitalists, who include Vertex Venture, Monk’s […]

SGX to roll out initiatives to help tech start-ups, SMEs gain access to financing

SGX set up a team in the last quarter of 2014 to look into supporting the growth of small- and medium-sized enterprises and tech start-ups and attracting them to list in Singapore. A sign shows the location of the SGX Centre in downtown Singapore. (AFP/Roslan Rahman) SINGAPORE: The Singapore Exchange (SGX) plans to […] Click here […]

Singapore’s MoneySmart heads to Indonesia with acquisition of regional counterpart

Singapore-based personal finance portal MoneySmart today announced its entry into Indonesia with the acquisition of its regional counterpart KreditAja . The acquisition was a full equity deal, with the latter taking a minority stake in MoneySmart. Since it was founded a year ago , KreditAja’s 11-man team has seen north of a million […] Click […]

Cradle Fund ropes in four more co-investment partners

PETALING JAYA: Cradle Fund Sdn Bhd has joined forces with four more co-investment partners following its first co-investment partnership with Singapore-based seed fund provider, Golden Gate Ventures Pte Ltd last June. Co-investment means Cradle will match the investment made by an investing partner or angel investor ringgit to ringgit. […] Click here to view original […]

Mobile Marketplace Carousell Raises $6M Series A Led By Sequoia Capital

Carousell , a mobile app marketplace that lets sellers upload items with a few taps on their smartphones, has raised $6 million in Series A funding led by Sequoia Capital. The Singaporean startup’s existing investors, Rakuten Ventures, Golden Gate Ventures, 500 Startups, and serial entrepreneur Darius Cheung, also returned […] The company plans to hire […]

AT&T to host 2014 Philippines Mobile App Developers’ Day

AT&T, A Space Manila and Golden Gate Ventures will co-host 2014 Philippines Mobile App Developers’ Day in Manila on 6 and 7 December. The Philippines Mobile App Developers’ Day is a contest that will challenge participants in the Philippines to create a mobile app within 24 hours. The theme of the event this year is […]

People in Singapore are getting a bad deal in property search. This startup wants to fix that

Property search in Singapore is like a mirage. Yes, sites like PropertyGuru and iPropertyare popular among Singaporean property seekers and real estate agents, but they’re more like online classifieds than true-blue search engines like Google. And there lies the fundamental problem. “This [market] is where you advertise to win. You pay to get yourself to the top of […]

Ayannah scores GREE Ventures as investor

GREE Ventures today announced that it has invested an undisclosed amount in Philippines-based Veritas Mobile Holdings Ltd, which operates as digital commerce and payments services platform Ayannah. According to an official statement, this latest injection of funds is part of an upsized follow-on round. The investment will be used to help Ayannah move into other emerging markets […]

Thailand’s Anywhere to Go lands funding led by 500 Startups

Thailand-based startup Anywhere to Go has today announced raising an undisclosed amount in seed funding led by 500 Startups, with participation from venture capital firm Golden Gate Ventures, and other investors like Mike Prasad, Takeshi Ebihara (Rebright Partners), Samer Karam, Tommy Chia (Super Aces Ventures), and Ravi Agarwal (engageSpark). The Echelon 2014 alumnus had previously developed iLertU, an app that lets people keep […]

Siemer Ventures and Golden Gate Ventures Lead Investment in Ayannah

  Manila, Philippines (19 June 2013). Ayannah, a leading provider of mobile commerce and payments services to the unbanked in emerging markets and migrants in OECD countries received additional funding from investors led by early-stage technology and new media venture firms, Los Angeles-based Siemer Ventures and Singapore- and San Francisco-based Golden Gate Ventures. US, Russia, and […]