Bloomberg: Gojek Acquires Payments Startup Moka for $130 Million
Indonesia’s ride-hailing and food-delivery giant Gojek has acquired a mobile point-of-sale startup called Moka for about $130 million, according to people familiar with the deal. The transaction, which has been under negotiations since last year, was completed about a month ago, said the people, who asked not to be named because the information is private. It hasn’t been […]
Indoor Air Quality – Getting it Right
As I write this the government is agonising over whether to move from the ‘Rule of Six’ plus selected regional lockdowns to a full UK-wide lockdown. There are plenty of pundits to analyse and pontificate upon this scenario. Meanwhile, the everyday guy and his family live in trepidation that one or more of them will […]
The Business Times: Construction tech startup Novade completes Series B funding
CONSTRUCTION tech startup Novade has completed its Series B funding with lead investors SIG and Vulcan Capital, the company announced on Wednesday. SIG is a global quantitative trading and investment firm headquartered in Pennsylvania in the US. Meanwhile, US-based Vulcan Capital is the investment house of late Microsoft Corp co-founder Paul Allen.
The Business Times: Wavemaker closes third South-east Asia fund at US$111m
SINGAPORE-BASED deep-tech investor Wavemaker Partners closed its third South-east Asia fund on June 19 at US$111.5 million, surpassing its target of US$100 million. The fund is anchored by returning investors Temasek, Pavilion Capital and International Finance Corporation; its new investors include Concentric Equity Partners, the investing arm of Chicago-based Financial Investments Corporation and Vulcan Capital, […]
Bloomberg: Singapore’s Wavemaker Closes Venture Fund at $111 Million
Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million. The firm exceeded its initial target of $100 million, drawing new investor Concentric Equity Partners along with existing backers including Temasek Holdings Pte, Pavilion Capital, International Finance Corp. and Vulcan Capital.
VentureBeat: Lenovo, Asus, and Tencent launch mobile game phones with Sentons GamingBar virtual buttons
Sentons has teamed up with Lenovo, Asus, and Tencent to create gaming smartphones with virtual buttons, which use controllers that sense gestures such as presses, swipes, and taps.
Bloomberg: Intuit Agrees to Buy Singapore Inventory Software Maker
Intuit Inc. has agreed to acquire TradeGecko, a Singapore-based inventory and order management software platform for small retailers and wholesalers in more than 100 countries.
The Business Times: Food delivery players deny loss of appetite in Phase 2
Market watchers remain bullish on the prospects of food delivery in Singapore, even as some players reported a fall in orders or stalled growth since Phase 2 of Singapore’s reopening kicked in and consumers return to limited dining in.
Revitalising construction through technology with McKinsey and entrepreneurs
An audience of over 300 attendees in construction, real estate and property development and management, engineering solutions, specialist contractors, and other related industries heard insights from Mukund Sridhar, Partner at McKinsey Singapore, and the five founding members of the Asia Construction Technology Alliance. Construction is a key pillar in many countries, yet remains among one […]
