By Shiwen Yap
“There are hardly any Internet companies listed on the SGX today. Why would that be the case, since a big part of everyone’s life now revolves around technology? That’s largely a debate that the SGX is going to have to engage in, and particularly about their terms for a profit requirement of those companies seeking to be listed on SGX,” Kin-Wau Lau said.
An area of growing interest at 500 Startups in India has been blockchain and cryptocurrencies.
Early investors in consumer startups have secured good exits and returns, prompting several funds to enter the space they had traditionally ignored, says Shahdadpuri.
Kenneth Oh of Dentons Rodyk discusses ICOS, regulations, and the liquidity prospects for LPs and fund managers.
Mumbai-based VC firm Lightbox is looking to raise a new $100m fund in 2018.
AVCAL counts about 75 fund managers ranging from small VC funds all the way to larger VC and PE funds based in Australia. It also includes institutional investors such as Australia’s superannuation funds, family offices and sovereign wealth funds.
“We’re finding more people wanting to come from markets like Europe and N America to ASX because of the single board,” says Max Cunningham, Head of Listings at the ASX.
UShift plans to use the funds for expansion to four markets outside Singapore – Indonesia, Thailand, the Philippines and Malaysia.
Claudia Teo of Eversheds Harry Elias, notes that the dynamics of initial coin offerings (ICOs) will continue to evolve, with investors deriving comfort from regulated entities, and more likely to back token generation event. The emergence of ICOs as a tool of entrepreneurial finance has seen it being used by both startup… Read more »
There’s a good opportunity now for the PEs who invested for 4-5 years and want to exit with scaled up companies.