More state properties to be used as co-living spaces

The Straits Times : More state properties are expected to be put aside for co-living use in the next few months, as the Singapore Land Authority (SLA) on Wednesday awarded a tender for this purpose in Hindoo Road.  With societal trends veering towards co-living,...

Temasek’s 65 Equity Partners Pours $80 Million Into ShopBack

ShopBack, an online shopping rewards app backed by Singapore’s Temasek Holdings Pte, raised $80 million from the state investment giant’s late stage fund as it works toward going public.

Temasek’s 65 Equity Partners Holdings Pte will join the Singapore-based startup’s extended Series F round, ShopBack said in a statement on Monday. The round brings the total capital raised by ShopBack to more than $310 million

ZumVet raises US$3.7m to bring the dog-tor to more pets

SINGAPORE-BASED ZumVet, a startup offering remote pet care services, has raised US$3.7 million in Series A funding led by Quest Ventures and existing investor Pine Venture Partners, and joined by Pentepebble Holdings. The startup provides remote care, home-based...

Co-living operators upbeat as they look to demand from new segments

CO-LIVING operators in Singapore remain upbeat despite – and in some cases spurred on by – the Covid-19 pandemic crisis. In contrast to many businesses which are cutting back on operations, or mothballing their growth plans, the executives of some co-living companies...

ShopBack closes extended US$75M funding round led by Temasek

ShopBack, Asia Pacific’s leading rewards and discovery platform, today announced that it has completed an extended round led by Temasek, with participation from existing investors including Rakuten, EDBI, EV Growth, Cornerstone Ventures, and 33 Capital. This brings...

Indonesian online lender UangTeman raises $10m in series B round

Indonesian online lender UangTeman said it has closed the second part of its series B round. ACA Investments, an affiliate of Japanese financial institution Daiwa Securities Group Inc, is anchoring the round with participation from Pegasus Tech Ventures and Japan’s...