SG Digest: Goldman backs Goodpack; Spenmo layoffs; Vipshop expansion
Goldman Sachs AM has announced a structured investment in SG-based metal container provider Goodpack.
Source: dealstreetasia.com
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Indonesia's Startup Studio Alumni achieves over US$22.7 mil funding
Startup Studio Indonesia, a government-initiated incubation program for early-stage startups, officially opened registration for its Batch 5 programme in May.
Source: digitalnewsasia.com
Indonesia startup studio alumni achieves over $22.7M funding
Startup Studio Indonesia (SSI), a government-initiated incubation program for early-stage startups, officially opened registration for the Batch 5 program in May. The intensive program, developed under the Ministry of Communications and Informatics (Kominfo), aims to assist and advance Indonesia’s early-stage digital startups to achieve product-market fit.
Source: technode.global
Singapore's Spenmo secures payments licence in the Philippines
In Jan, Spenmo raised $85m led by Tiger Global.
Source: dealstreetasia.com
Data Vantage: Latest updates from ASTRO, GrowSari, ShopUp, Mio and others
Indonesian quick commerce startup ASTRO is understood to be on the fundraising trail and seeking to close a Series B round.
Source: dealstreetasia.com