LATEST NEWS

Kone out as Thyssenkrupp shortlists private equity for elevator division
February 18, 2020

FRANKFURT: German conglomerate Thyssenkrupp said on Monday it has shortlisted two private equity consortia in the sale of its 16 billion euro (US$17.3 billion) elevator division, dealing a blow to Fin...

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SEA digest: Indonesia’s Greenly bags seeds funding; Venture builder Skymind eyes SEA expansion
February 18, 2020

Surabaya-based food and beverage startup Greenly has raised an undisclosed amount in seed funding from early-stage venture capital firm East Ventures, while UK-based AI ecosystem builder Skymind Globa...

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SEA unicorns creating new wave of entrepreneurs, startup capital
February 14, 2020

The thriving startup ecosystem and string of unicorns in Southeast Asia have helped create a new community of entrepreneurs who are investing in other startups and offering access to new capital that ...

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Telco start-up Circles.Life snags funding from Warburg Pincus
February 14, 2020

SINGAPORE (THE BUSINESS TIMES) - Singapore-based telco start-up Circles.Life announced on Tuesday (Feb 11) it has received funding in an equity round from global private equity (PE) firm Warburg Pincu...

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SoftBank said to plan US$5B writedown driven by Uber, WeWork holdings
October 29, 2019

SoftBank is planning to take a writedown of at least US$5 billion to reflect a plunge in the value of some of its biggest holdings, including WeWork and Uber Technologies Inc., according to people wit...

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Business Finland Launches Dealflow Service
October 25, 2019

To help investors to find deals from Finland more efficiently, Finland opened a new digital dealflow service for investors worldwide in June 2019. This free service is provided by Business Finland, th...

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