Thank you for reading!
Please log in, or sign up for a new account and purchase a subscription to continue reading.
We have used your information to see if you have a subscription with us, but did not find one. Please use the button below to verify an existing account or to purchase a new subscription.
Your current subscription does not provide access to this content. Please use the button below to manage your account.
Thank you for reading!
Please log in, or sign up for a new account and purchase a subscription to continue reading.
We have used your information to see if you have a subscription with us, but did not find one. Please use the button below to verify an existing account or to purchase a new subscription.
Your current subscription does not provide access to this content. Please use the button below to manage your account.
Will Singapore s Fave succeed in India following Pine Labs acquisition? ANI | Updated: Apr 19, 2021 12:16 IST
By Lee Kah Whye
Singapore, April 19 (ANI): Last week, Noida based Pine Labs announced that it is acquiring Fave, one of Southeast Asia s fastest growing fintech and e-commerce startups in a cash plus stock deal.
Pine Labs said in a press release that it is paying over SGD 60 million (USD 45 million) to take over the Singapore-based company. Fave s investors will receive cash whereas the founders and key Fave employees will receive cash and shares of Pine Labs.
Fave count among its backers Sequoia Capital India, China-based SIG Asia Investments, and Indonesian venture capital firm Venturra Capital.
Thank you for reading!
Please log in, or sign up for a new account and purchase a subscription to continue reading.
We have used your information to see if you have a subscription with us, but did not find one. Please use the button below to verify an existing account or to purchase a new subscription.
Your current subscription does not provide access to this content. Please use the button below to manage your account.
What Indian tourists will find when they return to Singapore ANI | Updated: Apr 11, 2021 10:55 IST
By Lee Kah Whye
Singapore, April 11 (ANI): With vaccinations against the COVID-19 well underway around the world, many are hoping that leisure and regular business travel will soon resume.
According to government data compiled by the Our World in Data project at the University of Oxford, as of April 9, 6.2 per cent of Indians have received at least one vaccination shot whereas Singapore has vaccinated 19.3 per cent of its 5.8 million population with at least one dose of the vaccine as of April 6.
Singapore will have the capacity to vaccinate its entire population by the third quarter of this year but expect that the rollout will not be completed until the end of the year as some are still hesitant to take the vaccine.