Startup

Temasek raises $210 mln for Southeast Asian deals

Vertex Ventures, the venture capital arm of Temasek Holdings, has completed its biggest fundraising for Southeast Asian and Indian technology deals.The Singapore-based firm closed its third Southeast Asian fund at 210 million dollars, a record in the region that exceeded its target of 150 million dollars. The money will be used for early stage investments, aiming to repeat its success with Grab.

9 October 2017
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Southeast Asian unicorns continue to sweep the region

When it comes to ride-hailing applications in Southeast Asia, Uber and Grab are just as well-known as SVoD (Subscription Video on Demand) service providers like Netflix and iflix. Apart from being at the top of their industry within the region, both sets of rivals share another thing in common, where one is a homegrown business while the other came from the US. There are many challenges faced by Uber in sustaining its application in Southeast Asia.

12 September 2017
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