The startup closed a bridge round with US-based SIG a few months ago.

The post SG-based healthtech firm mClinica seeks to raise $20m amid virus outbreak appeared first on DealStreetAsia.

Singapore-based Ramblin' Brands raised a $4.4-million round from DSG Consumer Partners in 2016.

The post COVID-19 spurs surge in demand for SG-based sexual wellness firm’s Smile Makers appeared first on DealStreetAsia.

The deal marks ARA Asset Management's entry into the fintech sector.

The post Singapore’s ARA, tycoon John Lim buy 52.08% stake in crowdfunding platform Minterest appeared first on DealStreetAsia.

KKR has about $58 billion in dry powder for new investments.

The post KKR sees Asia portfolio as driver for growth amid virus crisis appeared first on DealStreetAsia.

Most economists have cemented their expectations for the MAS to ease policy at its review scheduled for April.

The post Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban appeared first on DealStreetAsia.

The startup was looking to foray into Thailand and Singapore this year.

The post Malaysia’s Moovby puts expansion plans on hold amid COVID-19 crisis appeared first on DealStreetAsia.

CEO Marc Barnett described the layoffs as a response to uncertainties surrounding the impact of the COVID-19 pandemic.

The post Malaysia streaming platform iflix cuts staff as debt deadline, virus uncertainties loom appeared first on DealStreetAsia.

The current crisis demands greater use of digital services over good quality, resilient broadband infrastructure.

The post COVID-19 could alter trajectory of ASEAN’s digital economy growth, says World Bank economist appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

The co-working sector is likely to stare at a spate of consolidations as lockdown drags down revenues of companies.

The post SEA’s co-working operators fight for survival amid COVID-19 outbreak appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

Lalamove is set to offer food delivery service at zero commission for food merchants in Singapore. 

The post Surge in food delivery demand amid COVID-19 lockdown whets appetite of new players appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.

Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule.

The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia.

Prior to the pandemic, Stoqo was in the process of raising a fresh round to expand its business.

The post Indonesian culinary supply startup STOQO said to have shut down ops amid COVID-19 pressure appeared first on DealStreetAsia.

This brings the total funding of the company to $6 million to date.

The post Indonesian vitamin-maker YOU bags fresh funding from DSG Consumer, others appeared first on DealStreetAsia.

Investors have shifted their focus and energy to stabilising their existing investment portfolio.

The post Education deals in SEA put on the back burner amid virus crisis appeared first on DealStreetAsia.

SEA recorded a 54 per cent jump in online sales year-on-year between Jan 13 and April 5.

The post Grocery, food startups gain as online demand soars amid pandemic appeared first on DealStreetAsia.

The decision to completely shut down its operations comes after significant downsizing by the company.

The post Traveloka-affiliated hotel startup Airy to shut down business amid virus pressure appeared first on DealStreetAsia.

There are several logistics deals in the pipeline that would likely be closed as early as by June.

The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia.

Cashlez will use the IPO proceeds to purchase a 61.31 per cent stake in IT solution provider Softorb Technology Indonesia (STI).

The post SEA digest: Indonesia’s Cashlez raises $5.8m in IPO; KB Kookmin Card to buy Thai firm appeared first on DealStreetAsia.

The labourers, rendered jobless due to the coronavirus-enforced lockdown, had set off for their homes on foot along the rail tracks apparently to escape police attention. Sixteen migrant workers sleeping on rail tracks while returning to Madhya Pradesh were crushed to death by a goods train in Aurangabad district of Maharashtra in the early hours of Friday.

Over 200 people were still undergoing treatment in the KGH, but their condition was said to be stable. Visakhapatnam district in-charge Minister K Kanna Babu, who visited the hospital and spoke to some of the victims, said all the patients were fast recovering.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

This is the first major bureaucratic rejig by the BJP-led state government since Shivraj Singh Chouhan became chief minister in March this year.

For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year.

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Red Bull drivers Mark Webber and Sebastian Vettel suffered mixed emotions during qualifying for the Italian Grand Prix after finishing fourth and sixth fastest respectively

Lewis Hamilton said that opting to run without the F-duct was probably the wrong decision after the championship leader qualified only sixth fastest for the Italian Grand Prix

Lewis Hamilton admitted he tried to do too much at the start of the Italian Grand Prix after a collision with Felipe Massa forced his retirement on the opening lap

Lewis Hamilton admitted that his McLaren still needs a little more downforce after he finished fourth fastest behind the Red Bulls and Fernando Alonso's Ferrari in Friday free practice

Fernando Alonso is relying on tyre strategy to limit the damage to his narrow championship lead at tomorrow's Brazilian Grand Prix

Lewis Hamilton admitted that his title chances were now all but over after he could only manage to finish fourth behind his main title rivals at the Brazilian Grand Prix

Jenson Button admitted he had no excuse for qualifying 0.4 seconds off his McLaren team-mate Lewis Hamilton at the Canadian Grand Prix

Lewis Hamilton has kept his pole position after a post-qualifying stewards investigation in Montreal

Lewis Hamilton led home Jenson Button for a McLaren 1-2 after the team got its strategy spot on in Montreal

Lewis Hamilton said it had been a 'fantastic' weekend after the McLaren man took victory in the Canadian Grand Prix to lead the drivers' standings

Mark Webber was left in a philosophical frame of mind after finishing fifth in the Canadian Grand Prix

Sebastien Buemi confessed himself 'super happy' after finishing eighth in the Canadian Grand Prix

Lotus technical chief Mike Gascoyne said his team's performance in Canada was a 'massive step forward'

Ross Brawn has admitted that his Mercedes team simply wasn't quick enough in Bahrain, after its drivers Nico Rosberg and Michael Schumacher finished fifth and sixth

Jenson Button has admitted he took it too easy at the start of the Bahrain Grand Prix and could have got more out of his tyres in the early stages

Red Bull's Christian Horner admitted the mechanical failure which cost Sebastian Vettel a likely win at the Bahrain Grand Prix was "very frustrating" but said overall he was happy

Sebastian Vettel admitted he was pushing too hard when he spun out of the second practice session for the Malaysian Grand Prix

Lewis Hamilton won the Abu Dhabi Grand Prix from Fernando Alonso as pole-sitter Sebastian Vettel retired on the first lap

Four-time world champion Alain Prost says he does not understand the complaints about Mercedes' domination after Australia as he says it is "part of the game"

There was no disguising Lewis Hamilton's anger after team strategy and then poor driving from Mark Webber cost him a potential podium-finish

Mark Webber has apologised for crashing into Lewis Hamilton in the closing stages of the Australian Grand Prix

Lewis Hamilton has labelled Mark Webber's botched attempt to pass him at the Australian Grand Prix in the closing stages as "silly"