Page 28 - Openspace Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Indonesian Teledoctor Halodoc Gets $80 Million in New Funding Round (Nikkei Asia) — Halodoc, one of Indonesia’s largest health-tech startup, has received funding totaling $80 million from new investors including Indonesian conglomerate Astra International and Singapore’s state investor Temasek, the company said on Wednesday. Astra’s venture capital arm Astra Digital Internasional led the startup’s Series C funding round, Halodoc said in a news release. It marked the first time that Astra and Temasek are investing in the company. Astra said in a separate release on its first quarter ...

B Capital raises $415m to back later-stage portfolio firms, expands to China April 1, 2021 Venture capital firm B Capital Group has raised $415 million for a new fund that will provide follow-on capital to high-performing portfolio companies, it announced on Thursday. The fund is the firm’s first formally dedicated to late-growth and late-stage investing. It brings the VC’s total assets under management (AUM) to $1.9 billion. DealStreetAsia had in September reported that B Capital was in the market to raise an opportunities fund – industry parlance for funds that seek to provide additio...

SG-based Validus arm Batumbu secures digital lending licence in Indonesia From left to right: Florensia Chief of Finance & Operation Officer; Jenny Wiriyanto CEO; Kemal Alamsyah Risk & Compliance Director; Reza Perazi Armadi Chief of Business; Meliana Wong Chief of Customer Journey Officer March 16, 2021 Batumbu, the Indonesian arm of Singapore-based SME financing platform Validus, has received regulatory approval from the Financial Services Authority (OJK) to operate as a licensed digital lending platform. After gaining the licence, Jenny Wiriyanto, CEO of Batumbu, said the company will bui...

Singapore-based early-stage investor Openspace Ventures is prepping to take advantage of SE Asia's booming startup scene after holding a $200m final close for its latest fund.

SINGAPORE, March 12 (Bloomberg): Openspace Ventures, backed by Temasek Holdings Pte, has closed its third Southeast Asia fund at US$200 million as the venture capital firm seeks to replicate its successes in startups across the region. The amount boosts the Singapore-based firm’s total committed capital under management to US$425 million across three funds, co-founders Shane Chesson and Hian Goh said in an interview. Investors in the new fund include Germany’s DEG, Norway’s Norfund AS, U.S. asset manager 57 Stars LLC and Japan’s Mizuho Financial Group Inc. Openspace wa...