Dymon Asia

Dymon Asia Ventures hits final close of $50m maiden fund, embarks on second vehicle


The final close, which took place in May this year, comes nearly two years after the firm kicked off its fundraising process.

CapitaLand-CDL JV acquires prime site in SG’s Sengkang Central for $565m

The joint venture will transform the 3.7-hectare site into an integrated community hub with 700 residential apartments.

Tin Men Capital secures first close of $100m B2B tech fund

Founded by Murli Ravi, Jeremy Tan and Benjamin Tan in March this year, Tin Men targets post-series A investments in the B2B technology space.

The man who triggered the $10b Noble Group collapse finally speaks

Noble’s market capitalization stands at $115 million. At its peak in 2011, the company was valued at $11.7 billion.

Temasek completes sell down of US-listed banks including Goldman, Morgan Stanley

The Singaporean state firm has been gradually exiting its positions in U.S. lenders as it focuses more on fintech and other new-economy investments.

Singapore’s cloud tech firm Alpha7 raises $5.2m, eyes regional expansion

Founded in 2014, Alpha7 is looking at regional expansion mainly to Malaysia, Indonesia, and Thailand.

Zilingo in talks with existing investors to raise $80m Series D funding

The latest deal could value the three-year-old e-commerce startup at over $500 million.

Asean Digest: iflix, Wattpad in pact; Funding Societies crosses $145m crowdfunding mark

Online streaming platform iflix has tied up with global content platform Wattpad to co-produce original movies based on Wattpad stories from Indonesia.

This Singapore entrepreneur quit own venture in rare display of succession planning

So serious is the problem that succession planning has taken off as an industry in Singapore and elsewhere in Asia, with everyone from PE funds to M&A consultants vying to help companies transition to the next generation.

India ride-hailing firm Jugnoo to shut down Singapore app: Report

Jugnoo will team up with Kardi, a Singapore-based ride-hailing startup, and provide it with tech and engineering support.