Tech in Asia

💼 Buying a business instead of starting one? 🚀 Search funds are gaining ground in Singapore, and entrepreneurs like Goh Aik Chuan are leading the charge with Garlic Equity Capital, the country’s first traditional search fund. 🔍 With Lighthaven backing multiple searchers, ETA is the hottest trend for aspiring CEOs looking to acquire & grow established businesses. 🏢 With SME owners retiring, search funds offer a new path for business continuity. But are traditional owners ready to sell to a new generation of entrepreneurs?

SG Budget 2025: $112m initiative to enable AI access 👉 Read more: https://buff.ly/431nzQb 🌍💼 Finance Minister Lawrence Wong also announced efforts to boost internationalization as well as mergers and acquisitions. The Business Times' Megan Cheah reports. This story was republished with permission from the BT.

SG Budget 2025: New $745m private credit fund for high-growth companies 👉 Read more: https://buff.ly/431QRhr 💹🌍 Finance Minister Lawrence Wong noted that the private credit market has gained traction globally, as it offers innovative financing solutions to enterprises. The Business Times' Nai Lun Tan reports. This story was republished with permission from the BT.

SG Budget 2025: $2.2b for National Productivity Fund 👉 Read more: https://buff.ly/3EJLCce 🔬💻 Within the biotech and semiconductor sectors, the government will invest about US$745 million in research infrastructure. “This will provide industry-grade tools for researchers and industry partners to prototype and test new semiconductor innovations,” said Singapore's Finance Minister Lawrence Wong. The Business Times' Jun Yuan Yong reports. This story was republished with permission from the BT.

💸📈 X's Premium+ subscription previously had a monthly rate of US$16 before the recent increases. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

Another VC shaken up as MMV leaders exit 👉 Read more: https://buff.ly/4hHPGrZ 🌍📈 More: MassMutual Ventures loses managing partners for Europe and APAC, and SEA’s food delivery market grows 13%.

🔋🚗 The funds will support The Energy Company's adoption of EVs and enhance battery intelligence solutions for fleet operators. Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

💰📈 Which investors are writing the most checks to Singapore-based startups? Antler, SEEDS Capital, Iterative, Wavemaker Partners, and 500 Global are some of the firms that have invested in three or more Singapore-based companies within the past two years. Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🇮🇳🚗 Tesla's job openings in India include 13 positions based in the bustling city of Mumbai. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🔬💼 Previously focused on research and development, DeepSeek is now working to establish a sustainable business model. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters