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MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
It’s a deep dive into the private equity landscape as we speak to an investment firm that’s indirectly owned by Temasek Holdings. Set up in 2015, our guest Azalea Investment Management defines itself as being in the business of PE investments, with a focus on the development and innovation of new investment platforms and products. The firm said its goal is to bring private assets to a wider investor base through a phased approach, while educating the investing public at the same time. Azalea Investment Management achieves this through two investment programmes or platforms, (1) the Altrium programme as well as the (2) Astrea Platform. Under the Altrium programme, accredited investors can co-invest with Azalea and access strong performing private equity fund managers globally, but with lower barriers to entry. The Astrea Platform, on the other hand, is a series of investment products developed based on diversified portfolios of PE funds. The platform is said to target long-term minded investors including Singapore retail investors looking to co-invest in private equity with the asset managers. But why are we speaking to Azalea Investment Management you might ask? Well the firm had closed a number of funds of late. In July 2024, the firm’s Astrea 8 PE bonds closed 2.8 times subscribed at over S$1 billion, with bonds distributed to diversified investors across institutions such as endowments, pensions and insurance companies as well as accredited investors. More recently, it had in October closed two funds at over US$480 million as a whole, higher than the US$400 million target for both funds combined. But how does the firm assess the outlook for private markets in 2025 and what is next for its product line up? On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Chue En Yaw, Chief Investment Officer, Azalea Investment Management.See omnystudio.com/listener for privacy information.
Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, October 17, 2024. My name is Nelson John. Let's get started.Indian stock markets declined for the second straight session on Wednesday, with the benchmark Sensex shedding 319 points, or 0.39 per cent, and the Nifty 50 slipping 86 points, or 0.34 per cent.In the past three months, several films have been re-released in theatres, driving higher footfalls and occupancy rates for PVR Inox, India's largest cinema chain. Abhinaba Saha reports that re-releases now account for 6 per cent of the chain's total footfalls. PVR Inox plans to continue this strategy in the coming quarters, with upcoming blockbusters like Singham Again and Pushpa 2 expected to further boost its business and, consequently, its stock performance.Over the past two decades, Bandra Kurla Complex (BKC) has emerged as Mumbai's premier business hub, housing giants like the National Stock Exchange, Sebi, ICICI Bank, and Facebook. However, available office space in BKC is now scarce, with vacancy rates hovering at just 3-4%. Khushi Malhotra reports that the intense demand for office space has driven businesses to explore nearby areas such as Kalina, Kurla, Worli, and Lower Parel. Yet, with many projects in these locations still years from completion, companies seeking grade-A offices face a prolonged wait.How much does bhujia cost? According to Haldiram's, about 10 billion dollars. The leading snack maker initially explored a majority sale, but is now eyeing a smaller stake sale, Sneha Shah reports. Despite the shift, investors like Bain Capital, Blackstone, and Temasek Holdings remain interested, eager to tap into India's booming snacks market, which is projected to double by 2032. With its status as a profitable market leader and a potential IPO candidate, Haldiram's presents a compelling investment opportunity, Sneha adds.The Indian rupee hit a record low of 84.07 against the US dollar this week, marking a depreciation of over 9% since April 2022—far exceeding the typical 3% annual decline. The slide is attributed to foreign institutional investors pulling out around $8 billion this month, dampening demand for the rupee. With global markets in flux and geopolitical tensions—such as the Israel-Iran conflict and the ongoing Russia-Ukraine war—adding pressure, experts anticipate further depreciation, possibly touching 84.20. Sumant Banerji breaks down how the weakening rupee impacts both you and the broader economy.Pratilipi, the platform for long-form regional stories, hit a major milestone in July 2024 by turning cash-flow positive. Founded in 2014, with backing from big names like Tencent and Nexus Ventures, Pratilipi saw its revenue jump 66% to ₹58 crore last year, while it managed to slash its losses by 62%. In a market where many content platforms have struggled or shut down, Pratilipi's focus on in-depth storytelling in Indian languages has set it apart. While others chased short videos and social media trends, Pratilipi remained true to its core—delivering engaging narratives across 12 regional languages. The platform's success comes from its loyal reader base, mostly women aged 18-35, and a commitment to its authors, offering workshops and fellowships to support their work. Shadma Shaikh delves into how the platform scripted a rare hit. PVR Inox re-release bet pays off in Q2, more in the pipeline With BKC packed, Mumbai hunts for its new business districtHaldiram deal turns into a minority stake saleMint Primer | Rupee's big fall: How much lower can it go?How storytelling platform Pratilipi scripted a rare hit
Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, September 19, 2024. My name is Nelson John. Let's get started. India's frontline equity indices traded within a narrow range on Wednesday amid market volatility, as investors remained cautious ahead of a crucial US Federal Reserve meeting. The Nifty ended the session down 0.16 percent, while the Sensex also slipped 0.16 percent from its previous close. As the festive season approaches, online shoppers might find it harder to return fashion, accessories, home decor, and kidswear. Sowmya Ramasubramanian reports that companies like Flipkart and Amazon are setting tougher return policies to boost profits and cut logistics costs. Typically, returns jump 30% during festival sales, but this year, firms might shorten return periods, charge fees, or offer store credit only, particularly for serial returners. While loyal customers might enjoy some leniency, the aim is to curb the costly trend of impulse buys and returns that surge during sales. This strategy includes not just the major e-commerce players but also direct-to-consumer brands, all navigating the trade-offs between customer service and profitability. With the festival season in full swing, Indians are shopping in bulk, and metro cities are witnessing a shift in large purchases—more people now prefer home delivery. This spells good business for e-commerce and quick commerce firms. However, as demand surges, these companies will need additional manpower to manage and deliver orders. Sowmya Ramasubramanian, Suneera Tandon, and Devina Sengupta report that these firms are expected to increase their workforce by up to 20 per cent between August and December. To meet the rising demand, logistics firms are offering gig workers both monetary and non-monetary incentives. Many investors place all their bets on equities, driven by their bullish outlook on the Indian stock market and the hope of reaping windfall gains as their portfolios rise. The broader market supports this optimism, with Nifty and Sensex both up over 20 percent in the past year. Finfluencers often advocate for a strong equity-focused approach as well. However, through a fun narrative, Vivek Kaul explains why it's still wise to consider less thrilling assets like fixed deposits or PPF to maximize your returns. Singapore's Temasek Holdings is set to acquire an 18-20 percent stake in Cloudnine Hospitals from Peak XV for approximately $125 million. This move comes as Cloudnine, a specialist in mother and baby care, prepares for a public listing next year, with the deal valuing the company at around $600 million, reports Sneha Shah. Peak XV is making its exit after more than a decade, securing a substantial return on its 2013 investment. The transaction is part of a broader cap table realignment for Cloudnine, which also raised funds earlier this year to support its expansion across India's major cities.India is reassessing parts of its new criminal laws after feedback and judicial observations flagged the risk of potential misuse. The focus is on Sections 85 and 86 of the Bharatiya Nyay Sanhita (BNS), which address domestic violence against women. These sections mirror the old IPC's Section 498A, which was designed to protect women from dowry-related abuse but faced criticism for being misused against husbands and their families. Concerns raised by the Supreme Court over the lack of safeguards have spurred this reevaluation, reports Manas Pimpalkhare. Simultaneously, the law ministry is advocating for arbitration to help address the massive backlog of over 50 million cases in Indian courts, promoting alternative dispute resolution to expedite justice and reduce the burden on the judiciary. E-commerce orders may be harder to return this festive seasonConsumer firms shower gig workers with festive incentivesInvest 100% in stocks? Be aware of the bull market's investing mythsTemasek set to buy PeakXV's 20% stake in CloudnineSection 498A: Centre may review the domestic violence law
Understanding the Current Challenges in SustainabilityIn a recent podcast episode, we had the pleasure of hosting Rajeev Peshawaria, the president and founder of Leadership Energy Consulting and the CEO of Stewardship Asia Center. Rajeev, also the author of "Sustainable Sustainability," shared his profound insights on the need for a paradigm shift in how businesses approach sustainability. This blog post delves into the key themes discussed during the episode, offering actionable advice and detailed explanations to guide our listeners towards embracing steward leadership and achieving sustainable success.Rajeev highlighted significant issues in the current landscape of sustainability, such as the gap between rhetoric and real action, often resulting in greenwashing rather than genuine impact. He also addressed the common misconception that sustainability is a cost or compliance problem, which limits the potential for businesses to see it as an opportunity for innovation and growth. By shifting this perspective, companies can unlock new avenues for creating value while addressing social and environmental challenges. At the heart of Rajeev's message is the concept of steward leadership, which emphasizes the importance of considering the broader impact of business decisions on society and the environment.Rajeev outlined several core principles that define steward leadership, including interdependence, a long-term view, taking ownership, and creative resilience. He shared real-world examples like the Tata Group and Faber-Castell, which have integrated sustainability into their core business models, demonstrating that ethical practices can coexist with commercial success. Rajeev emphasized the need to change the narrative around sustainability, viewing it as an opportunity to innovate and differentiate in the market. By declaring a collective purpose, integrating sustainability into business strategy, fostering a culture of ownership and accountability, and innovating for sustainable solutions, businesses can achieve superior shareholder returns while making a positive impact on society and the environment. For more in-depth discussions and inspiring stories of steward leadership, be sure to tune into Rajeev's podcast, "Sustainable Sustainability."About Rajeev Peshawaria:He is the CEO of Stewardship Asia Center (SAC) in Singapore and the Founder President of the Leadership Energy Consulting Company based in Seattle, WA. He is also the author of several books including "Too Many Bosses, Too Few Leaders," "Be the Change," and "Open Source Leadership." With extensive global experience in Leadership Development and Corporate Governance, his focus lies in streamlining business strategy, organizational architecture, and culture.Previously, he served as the CEO of the Asia-based Iclif Leadership & Governance Center, and held roles as the global Chief Learning Officer at Morgan Stanley and The Coca-Cola Company. He has also held senior positions at American Express, HSBC, and Goldman Sachs. He holds an MBA from Webster University in Vienna, Austria, and a Bachelor of Commerce from the University of Bombay, India.About Stewardship Asia Center:We help business and government leaders, investors, and individuals accelerate leadership action on environmental and social challenges through catalytic knowledge and advisory.We are part of the Temasek Trust ecosystem with a shared purpose of building a better future for every generation. Temasek Trust is the philanthropic arm of Singapore based global investor Temasek Holdings.Apply to be a Guest on The Thoughtful Entrepreneur:
Sam Altman wil miljarden aan investeringen ophalen voor OpenAI en praat daarom met Temasek Holdings, de investeringsmaatschappij van de Singaporese overheid. Joe van Burik legt in deze Tech Update uit wat dat betekent. OpenAI zou daarmee voor het eerst een land als investeerder aantrekken, als het tot een deal komt. Daarover schrijft de Financial Times. De twee partijen hebben elkaar de afgelopen maanden meermaals ontmoet volgens twee bronnen. Eerder zou het gaan om een investering in Sam Altmans eigen investeringsmaatschappij Hydrazine Capital, maar nu wordt er gesproken over geld voor OpenAI. Altman meldde onlangs dat hij extreem veel geld wil ophalen om de hele halfgeleiderindustrie naar OpenAI's hand te zette. Door te productie van chips te hervormen zou OpenAI minder afhankelijk zijn van Nvidia. Daar is dan tot wel 7000 miljard dollar voor nodig - meer dan de beurswaarde van Microsoft en Apple bij elkaar opgeteld. Verder praat Altman volgens de Financial Times met grootgeldbezitters in Abu Dhabi, evenals met SoftBank. Temasek beheert zo'n 287 miljard dollar en heeft onder meer veel geld zitten in betalingsverwerker Stripe. Verder in deze Tech Update: Google vertelt hoe het keurig wil voldoen aan nieuwe Europese wetgeving Digital Markets Act, die treedt deze week (donderdag 7 maart om precies te zijn) eindelijk officieel in werking Er moeten meer knopjes in auto's, want het is gevaarlijker om basale functies zoals bediening van knipperlichten en ruitenwisser in een touchscreen te verwerken, aldus Euro NCAP, de Europese veiligheids-waakhond voor de auto industrie See omnystudio.com/listener for privacy information.
The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC
Rohit Bansal is the Co-founder Snapdeal, one of the largest online marketplaces in India. The company has raised over $1.7B from eBay, Kalaari Capital, Nexus Venture Partners, Bessemer Venture Partners, Intel Capital, BlackRock, Temasek Holdings and SoftBank. He is also the Co-Founder of Titan Capital, which has invested in companies such as Mamaearth, Dealshare, OLA, RazorPay and OfBusiness. He an alumnus of Indian Institute of Technology, Delhi. . . . Episode Notes: Introduction (2:00) What motivated Rohit to become an entrepreneur (2:57) Why is entrepreneurship on the rise in India (10:30) How did Rohit get into investing (14:30) How did and does Rohit deal with tough moments in life (19:26) How do founders continue to stay motivated over the years (27:58) What frameworks does Rohit deploy to navigate tough situations in life (31:39) Why it's important for founders to look after themselves (36:20) Looking back at his career what is Rohit the most proud of? (41:15) What is Rohit dedicating the next 5-10 years of his life towards (45:45) What advice would Rohit give his younger self? (52:02) . . . Social Links: Follow Rohit on Twitter Follow Rohit on LinkedIn Follow The Desi VC on LinkedIn Follow Akash Bhat on Twitter Follow Akash Bhat on LinkedIn
On The Afternoon Update, Hongbin Jeong speaks to Geoff Howie, Market Strategist, SGX for market wrap of the week. We find out how the STI fared in the past week; the biggest movers; how a newly-launched equity ETF - the largest in Singapore - between SGX and BlackRock, can spur sustainable investing in Asia; the growth opportunities Temasek Holdings is exploring in the Chinese market; and how Singapore shares reacted to recently-released US CPI data. See omnystudio.com/listener for privacy information.
In this weekly recap episode of The Impulso Podcast, we delve into the latest news and updates from the business world. We start by discussing the record-breaking fine imposed on Ant Group, the Chinese fintech giant, amounting to a staggering $984 million. This significant penalty highlights China's strict crackdown on violations related to consumer protection, corporate governance, and various business activities. Next, we explore the expansion of Sequoia Capital's Hongshan into Southeast Asia, with the establishment of new offices in Singapore, Indonesia, and Vietnam. This strategic move aims to strengthen Hongshan's presence in the region and support its growing business interests. We discuss China's increasing economic influence in Southeast Asia and the opportunities and challenges that arise from Hongshan's expansion. Shifting our focus, we delve into the financial landscape closer to home, as Temasek Holdings, Singapore's sovereign wealth fund, discloses a net loss of $6 billion for the financial year. This unprecedented loss is attributed to various factors, including market volatility, accounting changes, and geopolitical uncertainties. Despite this setback, Temasek remains committed to its long-term investment strategy, and we discuss the notion of backseat investors, and how hindsight leads to a skewed assessment of past decisions. Lastly, we explore the exciting developments in the aquaculture industry as eFishery, Asia's pioneering aquaculture technology startup, secures a remarkable $200 million in Series D funding. This funding round propels eFishery to unicorn status with a valuation surpassing $1 billion, making it the first aquaculture technology company to achieve this milestone. We delve into the implications of this funding and how it will contribute to the sustainable growth of the aquaculture farming community. Join us for this insightful recap of the week's most significant business news and gain valuable insights into the current trends shaping the global business landscape.
Todd McDonald is the cofounder of R3 which is financial innovation firm dedicated to the design and deployment of DLT to build the new operating system for financial services. The company has raised over $120 million from top tier investors including Intel Capital, Temasek Holdings, and 40 other top tier banks.
In the next installment of our Webinar Wednesdays, we go live with Smartkarma Insight Providers, Leonard Law, CFA and Trung Nguyen, as they share their thoughts on High Yield Opportunities in Asia. From developing trends, to what to expect in the space, join us for this next installment of our #webinar Wednesdays to get the full picture. This is a shortened version of the full webinar. For the full-length episode, head on over to the Smartkarma platform, where subscribers get complete access to all webinar sessions and more. -- Leonard Law, CFA covers a portfolio of Chinese and Indonesian high-yield corporate credits. Prior to joining Lucror in 2017, he was an Associate Analyst with Moody's Investors Service for three years, responsible for credit analysis and research. Follow his work here.Trung Nguyen is responsible for covering high-yield companies in the Southeast Asia region. He joined Lucror in 2013 from ST Asset Management, a credit investment arm of Temasek Holdings, where he spent over six years in investment research and portfolio management. Follow his work here. -- This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma's views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.
What were some of the key takeaways of the US debt ceiling deal discussed between US President Joe Biden and House Speaker Kevin McCarthy? And did Nvidia just help create an AI-fueled stock bubble? Find out with Dan Koh and Ryan Huang as they analyze the details. See omnystudio.com/listener for privacy information.
Invest In Her host Catherine Gray talks with Swati Chaturvedi, the co-founder and CEO of Propel(x) – an investment platform that enables accredited investors worldwide to invest in startups and venture capital funds. Ms. Chaturvedi has a long history of working in the alternative investments space and is the founder of the MIT Alumni Angel Investors group. She founded and led the group 2013–2015, and continues to be on the screening committee. Prior to starting Propel(x), Swati has worked as an investment professional at Exigen Capital, Siemens Venture Capital and Temasek Holdings. www.sheangelinvestors.com https://www.propelx.com/ Follow Us On Social Facebook | Instagram | Twitter | LinkedIn
In this episode, we are speaking to Christine Amour-Levar the founder of two award-winning NGOs - Her Planet Earth and Women on a Mission. Christine is also a human rights and sustainability advisor, climate investor, best-selling Penguin author of the book Wild Wisdom, TEDx Speaker, board member and advisor to several purpose-led organisations. Chistine's career started strong in Japan at McCannn-Erickson and Phillippe Starck before moving to Nike in New York and around Asia. She then went on to lead Marketing & Communications at Temasek Trust, the Philanthropic arm of Singapore's Sovereign Wealth Fund, Temasek Holdings. In this episode, we talk about her wild expeditions around the world raising funds for charity, being a purpose-driven leader, positivity as a muscle what success really means and so much more. I hope you enjoy this smooth conversation thanks to our sound partner Audio-Technica. Okay, it's time to live wide awake. Stay connected with Christine: Website: https://www.christineamourlevar.com/ Social media: https://www.instagram.com/christineamourlevar/ | https://www.instagram.com/herplanetearth/ | https://www.instagram.com/woamsingapore/ Stay connected & support the show Instagram: http://instagram.com/livewideawake Support: If you enjoyed the show do consider making a contribution so we can keep having conscious conversations - https://www.patreon.com/livewideawake Reach out: hola@stephldickson.com
Temasek Holdings is an investment firm owned by the Government of Singapore with a diverse, global portfolio. It owns energy companies and a major airline. It's also committed to a green future, which generates unique challenges for the firm. CEO Dilhan Pillay says the Temasek's ongoing “purpose journey” helps it meet those challenges, delivering real financial performance while navigating the tricky tides of current events.
Since its launch in 2019, FTX has raised $1.8bn and was most recently valued at $32bn. Among its shareholders are some of the world's most-respected hedge fund managers and Venture Capitalists. Now with FTX having filed for bankruptcy, their investments look to be a complete wipeout. Investors including Sequoia, SoftBank and Paradigm, which was co-founded by former Sequoia partner Matt Huang, have marked their holdings in the company to zero, vaporising hundreds of millions of dollars in value.FTX's list of investors spans powerful and well-known investment firms: NEA, IVP, Iconiq Capital, Third Point Ventures, Tiger Global, Altimeter Capital Management, Lux Capital, Mayfield, Insight Partners, Sequoia Capital, SoftBank, Lightspeed Venture Partners, Ribbit Capital, Temasek Holdings, BlackRock and Thoma Bravo.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show
Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275M in collapsed crypto currency exchange FTX. FTX's other backers such as SoftBank Group's Vision Fund and crypto-focused hedge fund Sequoia Capital have also marked down their investment to zero after FTX, founded by Sam Bankman-Fried, filed for bankruptcy. We spoke to Susannah Streeter, who is investment analyst at Hargreaves Lansdown in the UK. #FTX #Temasek #SoftBank
The crypto ecosystem experienced another massive shakeup this week when one of the world's largest crypto exchanges, FTX, unexpectedly went bankrupt. We discuss how Singapore is linked to FTX's collapse, and what lessons can be learnt from this debacle. Elsewhere, as Qatar gets ready to welcome World Cup 2022, its appointed football ambassadors have not been doing the host nation's image any good with their media appearances. Why is there such angst about Qatar's hosting of the competition? Find us here! YLB Subreddit YLB TikTok YLB YouTube YLB IG Folklory, our startup that turns your family memories into personal podcasts The collapse of FTX ‘It's all gone': FTX bankruptcy has retail traders bracing for losses | CNA The fall of the FTX ‘King of Crypto' Sam Bankman-Fried | BBC News Crypto exchanges race to soothe clients' nerves after FTX collapse | Financial Times Crypto exchange FTX crash: What investors, including Temasek Holdings, are saying | TODAY Divisions in Sam Bankman-Fried's Crypto Empire Blur on His Trading Titan Alameda's Balance Sheet | CoinDesk FTX users may be cashing of bankrupt crypto exchange through a Bahamas loophole | CNBC FTX Bankrupt. SBF out as CEO. What now? | The Milk Road Qatar World Cup ambassador calls homosexuality 'damage in the mind' Qatar World Cup ambassador's interview halted after calling homosexuality 'damage in the mind' | mothership FIFA urges World Cup teams to focus on football over politics | Euronews One Shiok Comment Comment by internetlurker96 Post by MamaJumba One Shiok Thing How badminton champ Loh Kean Yew unleashes his winning smash | The Straits Times Paulo Costa on Twitter
Today I'm interviewing Jolene Lum, client development, for Asia Sustainable Foods newly named NURASA. They are a wholly owned company of Temasek Holdings, for those who don't know, Temasek is one of the most well-known private holdings company that is known for its moonshot investing and is directly owned by the government of Singapore. Jolene is an entrepreneur at heart, extremely passionate about all things sustainability, very eloquent, and can explain things really easily. I really enjoyed our discussion discussing some of the interesting challenges going on with the current food tech space in Singapore. Jolene also has great insight into the farmer side of the industry. Singapore imports 90% of its food and the food they do grow is vegetables. Her first business was to connect these farmers to consumers for higher quality produce. I find her empathy with the farmers really enjoyable. We do this in a WeWork in downtown Singapore Shownotes: http://myfoodjobrocks.com/256Jolene
Reddit co-founder Alexis Ohanian is reportedly preparing to launch Kryptós, a crypto-centric fund, to capitalize on the current bear market. Ohanian's venture capital firm, Seven Seven Six, is looking to raise $177.6 million. “It's on sale. Everything is on sale,” is how founding partner Katelin Holloway explained the move to The Information. On this edition of Real Vision Crypto Daily Briefing, Paul Guerra and Ash Bennington discuss what Ohanian's move suggests about opportunities to pick up valuable assets at cheap prices. Also on today's agenda are Singapore sovereign wealth fund Temasek Holdings' decision to lead a $100 million funding round in blockchain investment firm Animoca Brands and Tether's response to a recent Wall Street Journal article that questioned the stablecoin's transparency and reserves. Then, in today's feature segment, Paul and Ash deconstruct a recent interview with Luca Mossini, the head of business development at Avantgarde Finance, about the state of DeFi in the aftermath of recent failures. We want to hear from you – please share your questions in the chat! Learn more about your ad choices. Visit megaphone.fm/adchoices
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
A record year for Singapore's state investor Temasek Holdings - which had just completed a review of their previous fiscal year. Net Portfolio Value went up by S$22 billion from the previous year and crossed the S$400 billion mark for the first time, with a 1-year total shareholder return (TSR) of 5.8 per cent. We also saw Temasek making several moves to better tap structural trends and better position for the long-term. So what are some of the opportunities that lie ahead? In Market View, Prime Time's Finance Presenter Chua Tian Tian spoke with Russell Tham, Joint Head of Enterprise Development Group (Singapore),and Head of Strategic Development at Temasek International to find out. See omnystudio.com/listener for privacy information.
In this episode, we're excited to welcome back Analysts Charles Macgregor, Trung Nguyen, and Leonard Law of Lucror Analytics, who present their high-yield/crossover picks in India and Indonesia. -- Smartkarma users can find the presentation slides here. -- Lucror Analytics was established in 2010 in Singapore, to meticulously and methodically scrutinise the opportunities and risks inherent in high yield investing. Since 2010, Lucror Analytics has been entrusted as a reliable research partner by the largest and most reputable participants in the high yield segment – asset managers, family offices, hedge funds, investment and private banks, who recognise the value and distinct advantage that independent research imparts to their investment and risk management decisions. Charles Macgregor is an industry veteran with over 35 years of experience. As Head of Asia, he is responsible for the Asian credit research product at Lucror, which he joined in 2013. Previously, he had worked for Deutsche Asset Management, where he was Head of Credit Research, Asia-Pacific and Co-Chair of their Global Credit Methodology Committee. He also worked at Moody's, where he was a Senior Credit Officer and a member of their New Instruments Committee and Symbols & Definitions Committee. Follow his work: https://skr.ma/eo2AP5v6VsRmWYcD9 Leonard Law covers a portfolio of Chinese and Indonesian high-yield corporate credits. Prior to joining Lucror in 2017, he was an Associate Analyst with Moody's Investors Service for three years, responsible for credit analysis and research. Follow his work: https://skr.ma/CKFZpohb6GzTFfH77 Trung Nguyen is responsible for covering high-yield companies in the Southeast Asia region. He joined Lucror in 2013 from ST Asset Management, a credit investment arm of Temasek Holdings, where he spent over six years in investment research and portfolio management. Follow his work: https://skr.ma/1pHREyj8z5QDLRLE9 -- This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma's views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.
In der Mittagsfolge begrüßen wir heute Boris Radke, VP Corporate Affairs von Omio, und sprechen mit ihm über eine erfolgreiche Finanzierungsrunde in Gesamthöhe von 80 Millionen US-Dollar. Omio hat eine Metasuchmaschine und Buchungsplattform für Verkehrsverbindungen entwickelt, mit der Züge, Flüge, Fähren und Busse in Europa, den USA sowie Kanada miteinander verglichen und gebucht werden können. Mit den über 1.000 kooperierenden Verkehrsunternehmen können User Reiseverbindungen zu mehr als 100.000 Zielen buchen. Vor der Coronakrise wurde die mobile App von 27 Millionen Menschen im Monat aufgerufen. Das Startup wurde 2012 von Naren Shaam unter dem Namen GoEuro in Berlin gegründet. Der offizielle Sitz liegt allerdings in Delaware. Seit 2019 tritt das Unternehmen unter dem Namen Omio auf und hat die australische Reiseplattform Rome2rio übernommen. Mittlerweile hat das Berliner Startup ein Team von 300 Mitarbeitenden aus mehr als 50 Ländern und Büros in Berlin, Prag, Melbourne und London. In einer Finanzierungsrunde hat die Reiseplattform nun 80 Millionen US-Dollar eingesammelt. Die US-amerikanische Investmentbank Lazard Asset Management, die ein Gesamtvermögen von 198,5 Milliarden Euro verwaltet, beteiligte sich an der Runde. Zudem steuerte die Investment-Holdinggesellschaft Stack Capital bei der Finanzierung 7 Millionen US-Dollar bei. Zum weiteren Portfolio des Geldgebers gehören u.a. SpaceX, Varo, Bolt, Prove, Hopper und Newfront. Bestandsinvestoren wie die Holdinggesellschaft der Regierung in Singapur namens Temasek Holdings und Fonds, die von Goldman Sachs verwaltet werden, sind ebenfalls an der Finanzierungsrunde beteiligt. Die Unternehmensbewertung stagniert trotz der Finanzierung weiterhin bei 1 Milliarde US-Dollar, womit das Startup als Unicorn gilt. Mit dem frischen Kapital möchte Omio global expandieren, weitere Plattformen übernehmen und die Angebotspalette erweitern.
Swati Chaturvedi is the co-founder and CEO of Propel(x) – an investment platform that enables accredited investors worldwide to invest in alternatives, including investments in startups, hedge funds and venture capital funds. Ms. Chaturvedi has a long history of working in the alternative investments space and is the founder of the MIT Alumni Angel Investors group. She founded and led the group 2013–2015, and continues to be on the screening committee. Prior to starting Propel(x), Swati has worked as an investment professional at Exigen Capital private equity, Siemens Venture Capital and Temasek Holdings. She has also been a management consultant working across a variety of industries. Ms. Chaturvedi holds an MBA degree from the Sloan School of Management, an M.S. degree from MIT, an M.S. degree from UC Berkeley, and a Bachelor's degree from the Indian Institute of Technology, Roorkee.
Amid a funding slowdown, Sharechat's parent Mohalla Tech is expected to announce a $300 million funding round led by Google, India's Times Group and Singapore's Temasek, Reuters reports. Airbus has set up an R&D facility in the UK for cryogenic fuel technologies for its proposed hydrogen planes. One AI, an Israel and Silicon Valley NLP company has come out of stealth mode, raising $8 million in seed funding. Notes: Google, India's Times Group and Singapore's Temasek Holdings have invested nearly $300 million in Mohalla Tech, which runs the Indian social media platform Sharechat and short video app Moj, Reuters reports. The deal values Mohalla Tech at nearly $5 billion, two sources involved in the deal discussions told Reuters. The deal is set to be announced as early as next week, according to Reuters. It comes at a time when Indian startups are cutting costs and laying off staff as funding is drying up due to a global economic downturn. India's government is ready with a consultation paper on cryptocurrencies, economic affairs secretary Ajay Seth told reporters on the sidelines of an event on Monday, Reuters reports. Seth said there needed to be a global consensus on cryptocurrencies and India would look at regulations enforced in other countries before deciding how it would regulate them. Uncertainty over crypto regulation in India has led some crypto startups to move their base from the country to locations such as Dubai. Former Disney CEO Bob Iger has acquired a stake in the Australian design company Canva and agreed to be an advisor to the privately held company, CNBC reports. Iger and Canva didn't reveal the size of the investment. Canva raised money in September, valuing the company at $40 billion, according to CNBC. One AI, an NLP-as-a-service startup that helps developers to embed Language AI in their products, officially launched yesterday, with $8 million in seed funding, the Israel and Silicon Valley company said in a press release. Angel investors and VCs, including Ariel Maislos, Tech Aviv, and Tomer Wiengarten, CEO of Sentinel One, invested in the company. Airbus has launched a hydrogen technologies facility in the UK, in its latest move to support the design of its next generation of aircraft, CNBC reports. Airbus said in a statement last week that the Zero Emission Development Centre in Filton, Bristol, had already begun working on the development of the tech. One of the site's main goals will centre around work on what Airbus called a “cost-competitive cryogenic fuel system” that its ZEROe aircraft will need. Details of three zero-emission, “hybrid-hydrogen” concept planes under the ZEROe moniker were released back in September 2020. Airbus has said it wants to develop “zero-emission commercial aircraft” by the year 2035, according to CNBC. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds
Murli is a co-founder of Tin Men Capital driving Tin Men's investment strategy and market analysis functions. He was previously with Temasek Holdings, JAFCO, and INSEAD. Murli has been a board member of more than 25 venture-backed firms since 2008 across an array of enterprise tech sectors, countries (Singapore, India, Australia, and the US), and stages (from pre-revenue startups to 2000+ employee firms). His first board roles came just as the global financial crisis began, which was a brutal crash course in the vagaries startups must navigate. He has been quoted widely in the media and conferences. Murli studied engineering at the National University of Singapore on a full scholarship and has been mucking about on the Internet since the early 90s. He is a self-taught (but sadly lapsed) Perl coder and once built a neural network model from scratch in the early 2000s. Murli is proud to have secured a gold medal for Singapore at the 2018 Asian Cycling Championships. Tune into their podcast https://open.spotify.com/show/7a59GLi4bRTmP1UzBHCxSP Learn more about Tin men Capital here http://www.tinmen.asia/ or connect with Murli on Linkedin here https://www.linkedin.com/in/murliravi/ If you enjoyed this podcast, would you consider leaving a short review on Apple Podcasts or Spotify? It takes less than 30 seconds, and it really makes a difference in helping to convince new amazing guests to come on the show, and on top of that, I love reading the reviews! Connect with me: Email: hello@andrewsenduk.com Website: https://andrewsenduk.com/ Instagram: https://www.instagram.com/andrew.senduk/ Linkedin: https://www.linkedin.com/in/andrew-senduk-1980/
Currently based in Ibiza, Spain, Matteo Marinelli is the former CEO and Board member of Maha Agriculture Microfinance, an agri-focused-fintech-oriented-MFI based in Yangon, Myanmar, owned by Myanma Awba Group, and the International Finance Corporation. He began his career with Grameen Bank, in Dhaka, Bangladesh and after short term consulting assignments in Tanzania, Afghanistan, Serbia and Thailand, moved to Blue Orchard in Geneva. He then joined a wholly owned subsidiary of Temasek Holdings, Fullerton Financial Holdings, first as a Project Manager based out of Phnom Penh, Cambodia, responsible for the start-up phase of a greenfield MSME banking co-investment between Fullerton and Canadia Bank which led to the creation of Cambodia Post Bank, and then later as the Country Rep based out of Yangon, Myanmar, responsible for the set-up and launch of Fullerton Myanmar. Here, he became interested in and familiar with the challenges faced by agri-businesses and small-scale farmers who lacked access to capital and markets, which led him towards Maha.Born and educated in Italy (Economics from Bocconi University in Milan), Matteo had academic exchange programs at the University of Niigata in Japan, at New York University, at the London School of Economics, and at the University of California in Berkeley. He also has an executive management diploma from INSEAD and speaks fluent English, Spanish and some French.In this episode Matteo describes in graphic and sometimes harrowing detail the genesis of the coup d'état in Myanmar, the true complexities of the socio-political situation and what it was like to manage an MFI under extreme crisis conditions. This podcast is brought to you by Financial Due Diligence Associates, a multilingual consulting partnership founded by Guy Rodwell and Zinaida Vasilenko, specialised in holistic, relevant and concise analysis of financially inclusive companies. FDDA also helps impactful asset managers access French institutions through an alliance with Oxondo, a leading Paris-based third party marketer. You can reach FDDA by contacting Guy Rodwell or Zinaida Vasilenko on LinkedIn, or by emailing us at info@fdda-consulting.com.
O Man in the Arena é um videocast sobre empreendedorismo e cultura digital apresentado por Leo Kuba, Miguel Cavalcanti e In Hsieh. Neste episódio (#064) Um bate-papo com Anibal Messa, partner da Plataforma Capital e pioneiro em venture capital no Brasil. Anibal tem 14 anos de experiência em Private Equity/Venture Capital e 8 anos como consultor na McKinsey & Co. e Bain & Co. Executou uma das maiores “saídas” na história do VC brasileiro, através da venda do BuscaPe, a maior empresa de comparação de preços da América Latina, para o grupo Naspers da África do Sul por US$ 342 milhões. Atuou como Diretor de Investimentos da Temasek Holdings – um fundo soberano da Ásia, tendo estabelecido o escritório em 2008 e executado operações chave, tais como: LAN Aerolíneas, Netshoes e Visanet. Anibal possui experiência executiva diversificada, tendo trabalhado para a Delco Electronics, uma empresa GM Hughes Company, ABN/AMRO Bank e Royal Dutch/Shell. Anibal graduou-se em administração pela Fundação Getúlio Vargas e estudou na Escola Politécnica da USP, é CFA e possui MBA em finanças pela Universidade de Chicago. Atuou como “board member” da Netshoes, BuscaPe Inc. e boo-box. O Man in the Arena tem apoio da Livraria Cultura, KingHost e FIAP. Para saber mais: Plataforma Capital: http://plataformacapital.com Linkedin: http://www.linkedin.com/in/anibalmessa Acompanhe e participe nos canais do Man in the Arena: YouTube: http://youtube.com/maninthearenatv Facebook: http://facebook.com/maninthearenatv- iTunes (Audio): https://itunes.apple.com/br/podcast/m...
O Man in the Arena é um videocast sobre empreendedorismo e cultura digital apresentado por Leo Kuba, Miguel Cavalcanti e In Hsieh. Neste episódio (#064) Um bate-papo com Anibal Messa, partner da Plataforma Capital e pioneiro em venture capital no Brasil. Anibal tem 14 anos de experiência em Private Equity/Venture Capital e 8 anos como consultor na McKinsey & Co. e Bain & Co. Executou uma das maiores “saídas” na história do VC brasileiro, através da venda do BuscaPe, a maior empresa de comparação de preços da América Latina, para o grupo Naspers da África do Sul por US$ 342 milhões. Atuou como Diretor de Investimentos da Temasek Holdings – um fundo soberano da Ásia, tendo estabelecido o escritório em 2008 e executado operações chave, tais como: LAN Aerolíneas, Netshoes e Visanet. Anibal possui experiência executiva diversificada, tendo trabalhado para a Delco Electronics, uma empresa GM Hughes Company, ABN/AMRO Bank e Royal Dutch/Shell. Anibal graduou-se em administração pela Fundação Getúlio Vargas e estudou na Escola Politécnica da USP, é CFA e possui MBA em finanças pela Universidade de Chicago. Atuou como “board member” da Netshoes, BuscaPe Inc. e boo-box. O Man in the Arena tem apoio da Livraria Cultura, KingHost e FIAP. Para saber mais: Plataforma Capital: http://plataformacapital.com Linkedin: http://www.linkedin.com/in/anibalmessa Acompanhe e participe nos canais do Man in the Arena: YouTube: http://youtube.com/maninthearenatv Facebook: http://facebook.com/maninthearenatv- iTunes (Audio): https://itunes.apple.com/br/podcast/m...
Elon Muskis being allowed to “make the rules” himself for the world's space tech industry, Josef Aschbacher, European Space Agency's new chief, warns in an interview with Financial Times. Musk's private space company SpaceX and the satellites unit Starlink have won regulatory approval in the US to send up tens of thousands of satellites into low-earth orbits, to provide satellite-based internet connections around the world. “Space will be much more restrictive [in terms of] frequencies and orbital slots,” Aschbacher said according to the Financial Times report, which is behind a paywall, but was also cited by other news sites. “You have one person owning half of the active satellites in the world. That's quite amazing. De facto, he is making the rules. The rest of the world including Europe … is just not responding quick enough,” Aschbacher warned. Clearview AI is just certain administrative fees away from getting a US federal patent for its controversial facial recognition technology, Politico reports. The patent would be the first to cover a so-called ‘search engine for faces' that crawls the internet to find matches, according to the report. Clearview's software has already scraped billions of public images from social media to help law enforcement match images in government databases or surveillance footage. Critics say the company is doing this without the knowledge of consent of anyone. Now, some of those critics also fear that codifying Clearview's work with a patent will accelerate the growth of these technologies before legislators or regulators have fully addressed the potential dangers, according to Politico. Curefit Healthcare, which operates the fitness platform Cultfit, has raised $145 million in a funding round led by food delivery company Zomato, Economic Times reports. Accel, South Park Commons, Singapore's Temasek Holdings and Curefit's co-founder Mukesh Bansal also participated in the round, according to ET. Curefit is now valued at about $1.5 billion, up from $800 million in March 2020, according to ET. Sense, an HR tech startup that helps some of the world's largest staffing and recruitment agencies fill blue-collar vacancies quickly, has raised $50 million in series D funding, led by SoftBank, TechCrunch reports. The Silicon Valley startup, founded by Indian American entrepreneur Anil Dharni, has raised its valuation to $500 million in the process, according to TechCrunch. Spider-Man: Across the Spider-Verse (Part One), is the title of the highly anticipated sequel to the animated Spider-Man: Into the Spider-Verse. This was revealed in the first trailer for the sequel that is out now from Sony Pictures. The surprise is that the upcoming adventures of Miles Morales will actually be a two-part affair, The Verge points out. According to the official description, the upcoming sequel will “transport Brooklyn's full-time, friendly neighbourhood Spider-Man across the Multiverse to join forces with Gwen Stacy and a new team of Spider-People to face off with a villain more powerful than anything they have ever encountered.”
Tom Glocer was born and raised in New York City. After studying law, he moved up the corporate ladder to reach the highest levels as CEO for the largest multinational corporations before founding several businesses of his own. Tom's latest venture, BlueVoyant has raised funding from top-tier investors like Temasek Holdings, Fiserv, Planven Entrepreneur Ventures, and Winton Ventures.
Tom Glocer was born and raised in New York City. After studying law, he moved up the corporate ladder to reach the highest levels as CEO for the largest multinational corporations before founding several businesses of his own. Tom's latest venture, BlueVoyant has raised funding from top-tier investors like Temasek Holdings, Fiserv, Planven Entrepreneur Ventures, and Winton Ventures.
Amid China’s crackdown on the country’s big tech firms, Temasek Holdings has decided to pull the trigger and cut its stake in some of its Chinese stock holdings such as Alibaba Group and Didi Global. Rusmin Ang, CEO, Fifthperson, provides an analysis on the move, what to expect for Alibaba’s upcoming Q2 earnings, and more.See omnystudio.com/listener for privacy information.
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Singapore is looking to set up a S$1.5 billion fund backed by state investment firm Temasek Holdings to bolster its stock market and boost activity and trading volume. In The Spotlight, hosts Timothy Go and Rachel Kelly put Singapore’s market in the spotlight and discuss SPACS, strategic partnerships and grants for firms to list here with Ishika Mookerjee, Asia Markets Reporter at Bloomberg. See omnystudio.com/listener for privacy information.
This week in Indian Startup News, CarTrade IPO closes with 20X subscription, Oyo is planning an IPO, CCI vs Amazon and Flipkart, Zomato to shut down US business, Swiggy partners with Reliance BP Mobility to transition to EVs, Bounce partners with Chara to locally manufacture EV motors and Whatfix acquires Nittio Learn. In funding news, Dream11's parent launches a $250 million fund, Eruditus raises $650 million to become a unicorn, VerSe Innovation raises $450 million, upGrad raises $185 million to become a unicorn and CoinDCX raises $90 million to become India's first crypto unicorn. CarTrade IPO closes with 20X subscription: After a successful IPO listing of Zomato, India's only profitable online used car marketplace CarTrade has closed their IPO with a 20X subscription. Oyo is planning an IPO: According to a recent report by MOneycontrol, Oyo has onboarded three investment banks JP Morgan, Kotak Mahindra Capital and Citi Bank as they plan to go public and intend to raise upwards of $1.2 billion through the IPO. Swiggy partners with Reliance BP Mobility to transition to EVs: Swiggy's partnership with Reliance BP Mobility will enable them to use Reliance BP Mobility's battery swapping stations for their own electric two-wheelers. Bounce partners with Chara to locally manufacture EV motors: Scooter rental startup Bounce has partnered with Chara to locally manufacture EV motors as they plan to transition their entire fleet to electric. Whatfix acquires Nittio Learn: Whatfix, a SaaS platform that simplifies the onboarding of employees, has acquired a learning management system provider Nittio Learn to expand their presence in Southeast Asia and speed up the process of training by using Nittio Learn's personalised learning platform. Dream11's parent launches a $250 million fund: Dream Sports, the parent company of Dream11, has launched a $250 million fund to invest in startups across sports, gaming and fitness technology. Eruditus raises $650 million to become a unicorn: Upskilling platform Eruditus has raised $650 million from Accel and SoftBank Vision Fund 2 at a $3.2 billion valuation – making them the third most valuable edtech startup in the country. VerSe Innovation raises $450 million: VerSe Innovation, the parent company of news aggregator platform Dailyhunt and short-video app Josh, has raised $450 million to help grow their short video platform. upGrad raises $185 million to become a unicorn: Edtech startup upGrad has raised $185 million from Temasek Holdings, International Finance Corporation (IFC) and IIFL to join the coveted unicorn club. CoinDCX raises $90 million to become India's first crypto unicorn: Crypto trading platform CoinDCX has raised $90 million in series C led by B Capital to become India's first and only crypto unicorn.
This week in Indian Startup News, Karan Bajaj quits WhiteHat Jr, e-RUPI explained, Food delivery partners protest against exploitation from Zomato and Swiggy on Twitter, Zomato's grocery delivery and Zomato Pro Plus, CarTrade IPO date, Policybazaar files for IPO, Nykaa files for IPO and UpGrad acquires KnowledgeHut. In funding news, Unacademy raises $440 million, BharatPe raises $370 million to become a unicorn, OfBusiness raises $160 million to become a unicorn, Infra.Market raises $125 million and MindTickle raises $100 million to become a unicorn. Karan Bajaj quits WhiteHat Jr: After selling WhiteHat Jr to Byju's in a massive $300 million all-cash deal last year, Karan Bajaj has decided to quit the startup as he plans on taking a sabbatical before starting some public service work. e-RUPI explained: e-RUPI is a digital prepaid voucher that can be used by the beneficiary to avail a specific service without the need of an app, internet connection or even a bank account. This is going to be primarily be used by the government to ensure that the money allocated to a beneficiary not only reaches them but is also used for the purpose it was intended. Food delivery partners protest against exploitation from Zomato and Swiggy on Twitter: According to the latest report by ET, food delivery partners have taken to Twitter to raise their voices against the exploitation by Swiggy and Zomato. Their complaints include lack of compensation for rising petrol prices, absence of first-mile pay, lack of long-distance return bonus and daily earnings cap. Zomato's grocery delivery and Zomato Pro Plus: After stopping grocery delivery services, Zomato has restarted grocery delivery on their platform after their investment in Grofers and they have also introduced Zomato Pro Plus - offering services like free delivery to their customers. CarTrade IPO date: Online marketplace for used cars CarTrade's IPO is all set to go live on 9th August. This profitable startup is planning to raise $400 million during the IPO. Policybazaar files for IPO: PB Fintech, the parent company of Policybazaar and Paisabazaar, has filed their DRHP and are planning to raise $800 million through the IPO. Nykaa files for IPO: Nykaa has filed for an IPO and they are planning to be the first profitable unicorn to go public. They are looking to raise $540 million at an expected valuation of $5-$5.5 billion. UpGrad acquires KnowledgeHut: Professional upskilling platform UpGrad has acquired another professional certification course provider KnowledgeHut to strengthen their upskilling and reskilling portfolio. Unacademy raises $440 million: Edtech unicorn Unacademy has raised $440 million in a round led by Temasek Holdings. BharatPe raises $370 million to become a unicorn: Digital payments and lending startup BharatPe has raised $370 million in a round led by Tiger Global – turning them into a unicorn. OfBusiness raises $160 million to become a unicorn: B2B e-commerce and financing platform OfBusiness has raised $160 million in a round led by SoftBank – turning them into a unicorn. Infra.Market raises $125 million: B2B marketplace for construction materials Infra.Market has raised $125 million as its valuation climbs to $2.5 billion. MindTickle raises $100 million to become a unicorn: SaaS startup MindTickle has raised $100 million to be the third Indian startup to turn unicorn this week.
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Temasek Holdings reported a 24.5% jump in Total Shareholder Return, with investments and divestments also hitting record levels. Fock Wai Hoong, Temasek's Managing Director for Investments in Southeast Asia and the Technology, Media and Telco Unit, joined us on Prime Time to discuss Temasek's impressive year, what investment trends the group is tracking, and how they plan to navigate market uncertainty with inflation fears and tighter monetary support layered on top of lingering COVID risks. See omnystudio.com/listener for privacy information.
Welcome to the Let the Money Talk podcast. In this episode, Phillip Securities Research's senior analyst, Terence Chua, discusses the report on Keppel Corp which has signed two non-binding MOU with Sembcorp Marine and Kyanite Holdings (a wholly-owned subsidiary of Temasek Holdings) with relation to its offshore & marine unit. Listen to this podcast to learn more about the latest corporate updates. Alternatively, visit www.stocksbnb.com for the full report.
On this special episode, we have the pleasure of welcoming Insight Providers Charles Macgregor, Leonard Law, and Trung Nguyen of Lucror Analytics. The analysts go over high-yield picks in the Indonesian and Indian markets, focusing on names that Lucror covers and outlining their high-conviction "Buy" ideas. This episode's presentation can be found here: https://skr.ma/ZK4u7Crv4Pw26sRd8 Charles Macgregor is an industry veteran with over 35 years of experience. As Head of Asia, he is responsible for the Asian credit research product at Lucror, which he joined in 2013. Previously, he had worked for Deutsche Asset Management, where he was Head of Credit Research, Asia-Pacific and Co-Chair of their Global Credit Methodology Committee. He also worked at Moody's, where he was a Senior Credit Officer and a member of their New Instruments Committee and Symbols & Definitions Committee. Follow his work: https://skr.ma/eo2AP5v6VsRmWYcD9 Leonard Law covers a portfolio of Chinese and Indonesian high-yield corporate credits. Prior to joining Lucror in 2017, he was an Associate Analyst with Moody's Investors Service for three years, responsible for credit analysis and research. Follow his work: https://skr.ma/CKFZpohb6GzTFfH77 Trung Nguyen is responsible for covering high-yield companies in the Southeast Asia region. He joined Lucror in 2013 from ST Asset Management, a credit investment arm of Temasek Holdings, where he spent over six years in investment research and portfolio management. Follow his work: https://skr.ma/1pHREyj8z5QDLRLE9
Sopnendu Mohanty, Singapore’s fintech chief, breaks down Partior, the “watershed” blockchain-based platform for cross-border payments announced by JPMorgan Chase, Singapore’s Temasek Holdings and DBS Group Holdings. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sopnendu Mohanty, Singapore’s fintech chief, breaks down Partior, the “watershed” blockchain-based platform for cross-border payments announced by JPMorgan Chase, Singapore’s Temasek Holdings and DBS Group Holdings. Learn more about your ad choices. Visit megaphone.fm/adchoices
Le service de 3eme génération de Crypto Wallet ZenGo annonce un tour de table de 20 millions de dollars auprès des fonds d'investissement Insight Partners, Distributed Global (en partenariat avec Temasek Holdings) et Austin Rief Ventures, afin d'accélérer son développement. A cette occasion nous avons rencontré son co fondateur Ouriel Ohayon pour décoder cette nouvelle étape de développement.Fondé en juillet 2018 par Gary Benattar, Omer Shlomovits, Ouriel Ohayon et Tal Be’ery, ZenGo a bénéficié du soutien de Samsung, Benson Oak Ventures, FJ Labs et Elron Electronic Industries dans le cadre d’un tour de table d’amorçage de 4 millions de dollars.Basé sur une technologie de reconnaissance faciale, ZenGo propose un crypto-wallet sans clés privées. Elle se revendique non contraignante grâce à un système de sécurité décentralisé (crypto-système à seuil et calcul multipartite), divisé entre l’appareil de l’utilisateur et les serveurs de ZenGo.
In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending March 19. From Chinese business enterprises to hutongs and everything in between in China, we are nearing the end of March 2021 and in the past 5 business days we analyzed 72 of the top startup and private company deals closing with private equity and venture capital firms in China with a combined raise of more than US$2.3 billion in everything from seed to pre-IPO rounds. Investors such as KKR, Hillhouse Capital, Vision Plus Capital, Temasek Holdings, Zhen Fund, Orchid Asia, Source Code Capital, Vstar Capital, and Fidelity International all got involved in the dozens of deals this week with firms like Hetao101, NewMed Medical, and Yuanhua Intelligent. It was a great week for both China startups and alternative asset investors, so welcome to the March 26, 2021 edition of the China Money Podcast where we update you on the news, data, and insights you need for making private equity and venture capital decisions in China. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter.
Mateo Jaramillo is the co-founder and CEO of Form Energy which develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. The company has raised $125 million from top-tier investors, including Temasek Holdings, Coatue, Prelude Ventures, Capricorn Investment Group, Macquarie Capital, and Energy Impact Partners to name a few.
Mateo Jaramillo is the co-founder and CEO of Form Energy which develops and commercializes a low-cost battery system that can store wind and solar energy for a long duration. The company has raised $125 million from top-tier investors, including Temasek Holdings, Coatue, Prelude Ventures, Capricorn Investment Group, Macquarie Capital, and Energy Impact Partners to name a few.
O Man in the Arena é um videocast sobre empreendedorismo e cultura digital apresentado por Leo Kuba, Miguel Cavalcanti e In Hsieh. Neste episódio (#064) Um bate-papo com Anibal Messa, partner da Plataforma Capital e pioneiro em venture capital no Brasil. Anibal tem 14 anos de experiência em Private Equity/Venture Capital e 8 anos como consultor na McKinsey & Co. e Bain & Co. Executou uma das maiores “saídas” na história do VC brasileiro, através da venda do BuscaPe, a maior empresa de comparação de preços da América Latina, para o grupo Naspers da África do Sul por US$ 342 milhões. Atuou como Diretor de Investimentos da Temasek Holdings – um fundo soberano da Ásia, tendo estabelecido o escritório em 2008 e executado operações chave, tais como: LAN Aerolíneas, Netshoes e Visanet. Anibal possui experiência executiva diversificada, tendo trabalhado para a Delco Electronics, uma empresa GM Hughes Company, ABN/AMRO Bank e Royal Dutch/Shell. Anibal graduou-se em administração pela Fundação Getúlio Vargas e estudou na Escola Politécnica da USP, é CFA e possui MBA em finanças pela Universidade de Chicago. Atuou como “board member” da Netshoes, BuscaPe Inc. e boo-box. O Man in the Arena tem apoio da Livraria Cultura, KingHost e FIAP. Para saber mais: Plataforma Capital: http://plataformacapital.com Linkedin: http://www.linkedin.com/in/anibalmessa Acompanhe e participe nos canais do Man in the Arena: YouTube: http://youtube.com/maninthearenatv Facebook: http://facebook.com/maninthearenatv- iTunes (Audio): https://itunes.apple.com/br/podcast/m...
In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending February 26. This was a massive week for China's venture capital and private equity investors as well as the startups and businesses that closed their funding rounds. We documented 99 deals that closed this week, and those deals totaled more than 3.204 billion US dollars. Just a massive week of dealflow across China! Key investors making commitments in China this week included Temasek Holdings, GGV Capital, Zhen Fund, BAI, GSR Ventures, Huaxing New Economic Fund, Lightspeed China Partners, Sequoia Capital China, Millennium Capital, and Oceanpine Capital. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter.
Ng Kai Yuan is the co-founder of Our Grandfather Story: a Singapore-based digital publisher dedicated to uncovering timeless and overlooked stories across Southeast Asia. Founded in 2017 with three other co-founders, Our Grandfather Story started as a school project! More specifically, an assignment for an Advance Photojournalism module at Nanyang Technological University. All four college students were tasked with coming up with a digital startup and the first video they created was on Singapore's distinctive green & pink ice-cream sandwich bread. To their surprise, the video went viral! And after acquiring investors (while still in college) and big corporate clients including Nippon Paint, Temasek Holdings & Singapore's National Heritage Board, the four friends decided to turn their assignment into a real startup. And in this STIMY episode, Kai Yuan shares exactly how that happened. Highlights: 4:51: Getting an advance photojournalism assignment that sparked the genesis of Our Grandfather Story 6:40: Why they named it ‘Our Grandfather Story” 7:17: Coming up with the concept of Singapore's Ice-cream bread video, which went viral! 10:50: Turning a college assignment into a full-fledged digital media publishing company, OGS 11:30: Obtaining a seed investment of $50,000 12:09: Reaction from friends & family 14:46: Securing corporate clients without any track record 17:20: Managing budget while growing the team in the early days of OGS 18:18: OGS' target market 20:16: Focusing on food content 23:11: How OGS uncovered “untold” stories 24:06: The most unique & “kepo” way that OGS has used to obtain a story 26:22: OGS' biggest success - the Can Ask Meh? Series 28:56: How OGS created the video on “Parents Who Lost a Child” for the Can Ask Meh series 30:35: Remaining sensitive to the questions asked 32:57: Creating O+ - the animation illustration arm of OGS 34:38: Creating the Something Private podcast 37:13: How OGS has gained its dedicated following - in 3 years, OGS has grown to over 300k on Facebook, 250k on YouTube & 70k on Instagram. 39:07: Sharing Southeast Asian stories during the COVID-19 pandemic 40:01: Who OGS is looking for to join the team 41:34: Maintaining relationships with the people they meet for OGS stories
In this episode of China Money Podcast, listen to all the news headlines in the China venture investment and tech sector for the week ending February 19. Matoka Capital's Danny Levinson sits in as guest host, and topics covered include private equity and venture capital deals done this past week with Sequoia Capital China, Tencent Holdings, KKR, Qiming Venture Partners, Temasek Holdings, Primavera Capital, FountainVest Partners, Evergrande Group, DCP Capital, DT Capital Partners, Redhill Capital, Join Hands Capital, and Yuanju Capital. Plus we break down the numbers in the massive Changsha-based Xingsheng Youxuan deal and in the Suzhou-based Liangyihui deal, respectively. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter.
Corey McCann is the cofounder and CEO of Pear Therapeutics which is a software-based digital therapeutics platform designed to treat disease and enhance the efficacy of pharmaceuticals. The company has raised over $250 million from investors such as Temasek Holdings, 5AM Ventures, Softbank Vision Fund, EDBI, and Trustbridge Partners to name a few.
Corey McCann is the cofounder and CEO of Pear Therapeutics which is a software-based digital therapeutics platform designed to treat disease and enhance the efficacy of pharmaceuticals. The company has raised over $250 million from investors such as Temasek Holdings, 5AM Ventures, Softbank Vision Fund, EDBI, and Trustbridge Partners to name a few.
Speak to CapitaLand Group’s chief sustsainability officer Lynette Leong and she will tell you of a harrowing incident in New Zealand some years ago that forced her to evacuate by helicopter to safety. The unprecedented event, triggered by uncertain weather patterns, helped to hit home the growing threat of climate change around the world. It is with this knowledge that she leads the sustainability and business strategy of the Singapore-listed property developer, which recently published a masterplan outlining aggressive ESG (environment, social and governance) targets by 2030. As part of its strategy, it recently announced the CapitaLand Sustainability X Challenge (CSXC) — “the first sustainability-focused innovation challenge by a Singapore real estate company on a global scale”, says Leong. It offers individuals and companies opportunities to test-bed sustainability innovations in CapitaLand’s properties across more than 220 cities in over 30 cities. To date, it has received over 270 entries in over 30 cities, prompting CapitaLand to extend its deadline for submissions to 17 February 2021. Last week, the Group also annnounced state investor Temasek as a lead partner of CSXC, with winners of CSXC given the opportunity to showcase their innovations to a global community at the annual Ecosperity Week, a sustainability forum organised by Temasek Holdings. In this exclusive podcast, Eco-Business speaks to Leong on why one of Asia’s largest diversified real estate groups with a global portfolio of about S$133.3 billion has banked on sustainability and innovation to drive its next era of growth. In this wide ranging interview, Leong also elaborates on a new metric called “Return on sustainability” that measures the return of investment the Group makes on ESG efforts, net zero targets in the real estate sector, Covid-19’s impact and the role of developers in addressing migrant worker welfare issues. Join the CSXC before 17 February 2021 at www.capitalandsustainabilityxchallenge.com
Abhilash Narayan, Senior Investment Strategist, Standard Chartered Private Bank discusses if the wheels have truly come off the wagon for markets, the IPO frenzy around Nongfu Spring, and what to take away from Temasek Holdings's portfolio seeing China surpass Singapore exposure for the first time. See omnystudio.com/policies/listener for privacy information.
Michelle Martin speaks to Ryan Huang to discuss the falling pound on the back of fears of a no-deal Brexit, US executives sold 6.7 billion USD of shares in their own companies last month, three Chinese companies accidentally selling shares and Sembcorp Marine rights issue undersubscribed with Temasek Holdings mopping up ten percent. See omnystudio.com/policies/listener for privacy information.
Angga Pranaspati (CEO, Tjetak) merupakan pengusaha yang masih sangat muda masih umur 20-an dan sedang menguasai industri kemasan / packaging melalui online. Baru-baru ini mendapatkan suntikan dana investasi bernilai puluhan milyar dari perusahaan terkemuka asing, Vertex Ventures, bagian dari TEMASEK Holdings. Hosted by Aryo Ariotedjo (Managing Partner, Grupara Ventures & Wellspaces.co)
EP32: {Akash Dongre, Co-founder of IndusOS} I chat with Akash Dongre, the CPO and cofounder at IndusOS - the creators of the largest App Store outside of the play store with over 100 million users and thousands of apps created for the vernacular audience. They currently power the App Store on many of the Samsung phones and have been through quite the journey from starting up to meandering their way to a vernacular mobile device manufacturer, to a Vernacular Operating System for other OEM and now becoming the go to App Store for Samsung. We chat with Akash also on his time porting mobile games, working with mobile payments in the early days, building a hardware business and then finding scale with the vernacular app store! — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — → Don't forget to subscribe to the Newsletter via stars.substack.com so that you can receive future podcast releases delivered to your inbox! → Full episode of the podcast is available on my YouTube Channel — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — There's so much to share from their 14 year journey. Indus OS was available in English and 23 Indian regional languages which had an active user base of over 10 million. It has evolved to the App Bazaar that now has over 400,000 apps developed by 50k developers for the local audience, the real Bharat. Samsung invested $5 million in 2019 and now every Samsung phone in India ships with the Indus App Bazaar. About IndusOS: The @IndusAppBazaar was ranked #1 and fastest growing App Marketing Platform in the Indian Subcontinent on the @AppsFlyer Performance Index, 2019. If you're a native language developer they can provide you with sufficient visibility to distribute and monetize your app. In 2017, Indus OS raised $4 million in its Series A round from Omidyar Network, Ventureast, and JSW Ventures. Prior to that, its angel round saw participation from Naveen Tewari of InMobi, Rohit Bansal of Snapdeal, Pranay Chulet of Quikr, and Mayank Singhal of Temasek Holdings. More recently Affle made an investment into IndusOS. Note: IndusOS is hiring! Stay Safe! - V Timeline: 01:30 - Introduction 04:15 - IIT & getting started in mobile gaming 08:49 - Mobile payments - MoFirst 13:40 - Not choosing to pursuing gaming 20:30 - The seed for Vernacular OS 24:00 - Selling Hardware to regional customers - Firstouch 29:31 - Many hardware players in India 32:41 - Launch in Multiple languages 38:05 - 50,000 app developers to localize their applications 47:39 - Challenges with monetising the OS - How to compete with FREE? 51:09 - Transition from OEM to App Store & 100M users 52:16 - Consumption trends 55:30 - Apps that do well on the Indus Store
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David Ramli, journalist at Bloomberg, gives an update on the latest investments from Temasek Holdings and GIC. He also shares why more family offices are setting up base in Singapore. See omnystudio.com/policies/listener for privacy information.
On Market View, Michelle Martin speaks to Jingyi Pan, Market Strategist at IG to break down the 2.1 trillion EU budget and relief package, the 9 year high surge of gold prices, earning results for Coca Cola, Keppel DC Reit, Temasek Holdings and markets across Asia this morning. See omnystudio.com/policies/listener for privacy information.
The food industry is undergoing a seismic shift as producers, farmers, policymakers, consumers come to terms with issues pertaining to current food cycles. In this episode I am joined by Andrew Ive, Founder and Managing General Partner of Big Idea Ventures a venture capital fund and accelerator investing in food tech, alt protein and food innovation in Singapore. As the chatter around how people can eat green/clean/ethically/locally etc increases we talk about the role of investors and mentors in propelling this sector. The rise of companies such as Beyond Meat and Impossible Foods in the US is testament to the fact that the alt protein sector is here to stay. It disrupts the filthy business of slaughter, meets the nutritional requirements of consumers and is kind to public and planetary health. The New Protein Fund of $50 million by Big Idea Ventures is backed by Temasek Holdings and Tyson Foods and is actively looking for entrepreneurs who are building the future of food. We talk about what investors are looking for in aspiring and current food entrepreneurs, contextualise the food systems to date and envisage what the future of food could look like. Andrew talks about some of the rising stars of this space including homegrown companies in India and how Singapore is paving the way to this edible and equitable future. Do check out the incredible work they're doing to amplify the work of food entrepreneurs and regardless of whatever stage you're at do approach them to know more about their fund and their accelerator program: https://bigideaventures.com. As ever, please do follow us on IG at @amplifypodcast and rate and review us via your podcast provider. --- Send in a voice message: https://anchor.fm/amplifypodcast/message
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The global spread of COVID-19 is changing the world into one that is even more reliant on technology. According to a report by Google, Bain & Company, and Singapore’s Temasek Holdings, the region’s flourishing digital economy reached a GMV of US$100 billion in 2019 and is projected to hit the US$300 billion mark by 2025. We chat with Andrew Sim, CEO of J&T Express about e-commerce logistics in the time of COVID-19.
Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com BROOKFIELD, TEMASEK TEAM UP FOR THYSSENKRUPP BID Toronto-based Brookfield Asset Management and Singapore state investor Temasek Holdings are planning to put in a bid for thyssenkrupp’s prized EUR15-billion (US$16.6-billion) elevator division, several news outlets, including Reuters, reported on January 10. thyssenkrupp has been under pressure from shareholders after numerous profit warnings. It plans to sell all or part of its elevator business, the world’s fourth-largest industry player and by far thyssenkrupp’s most profitable asset. It set a January 13 deadline for binding bids. The Brookfield-Temasek team is the latest bidder to become publicly known. Others include a consortium consisting of Blackstone, Carlyle and the Canadian Pension Plan Investment Board, and another composed of Advent, Cinven and the Abu Dhabi Investment Authority. Other OEMs said to be in the race are KONE, which may team with private equity firm CVC, and Hitachi Elevator. thyssenkrupp’s board planned to meet on January 15 to discuss the sale and was expected to narrow the field of bidders for a final round of talks. Image credit: by Lutz Marl for flickr To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTunes │ Google Play | SoundCloud │ Stitcher │ TuneIn
The new accelerator by American venture firm Big Idea Ventures is backed by the likes of Singapore’s Temasek Holdings and meat giant Tyson Foods and has already put money into a local start-up working on lab-grown seafood called Shiok Meat. Christian Cadeo, Managing Partner, Big Idea Ventures and Dan Riegler, co-founder, Karana chats with us on the next step for the company.
Fresh out of the studio, Chua Kee Lock, CEO of Vertex Holdings and managing partner of Vertex Ventures, Southeast Asia & India joined us in a conversation together with guest host Charles Reed Anderson of TechBurst Asia podcast about the venture capital firm and its footprint across Southeast Asia globally. We start with Kee Lock's story and how he eventually become a venture capitalist. Following on, Kee Lock discuss Vertex Holdings and Vertex Ventures and how the fund assembles and helps their portfolio of high growth startups such as Grab in the region. Last but not least, Kee Lock discuss the evolution of venture capital in Southeast Asia and India and where it is leading. Here are the interesting show notes and links to the discussion (with time-stamps included): Chua Kee Lock, CEO of Vertex Holdings & Managing Partner of Vertex Ventures Southeast Asia & India ( LinkedIn) [0:25] How did you start your career? [0:36] In your career journey, what are the words of wisdom you can share with my audience based on your time in Silicon Valley? [2:18] Kee Lock's thoughts on why people are central to building successful technology companies. [3:30] Vertex Holdings and Vertex Ventures [5:00] Can you give a brief introduction to Vertex Holdings and its relationship with Temasek Holdings? [5:10] What’s a typical day for you like as a VC? [11:07] Can you describe the different funds under Vertex Holdings and their current purposes? Does the different funds reflect the different stages of investment? [12:45] What are the traits of founders and startups which the investment team in Vertex seek? [14:00] What are the interesting companies within the Vertex portfolio? [16:40] Grab Licious Validus Instarem How does the Vertex network help the portfolio companies or companies who might be interested to seek funding? [21:30] Vertex has made very interesting investments globally, for example, Grab, Spacemob (acquired by Wework), Mobike (acquired by Meituan Dianping) and many others, how do you work with the founders and what help do most high growth companies need most in the early stage? Trends in venture capital across India and Southeast Asia [24:40] What are your thoughts on the investment opportunity in India and Southeast Asia? [25:00] Southeast Asia is not a homogeneous market with different countries at different stages of economic development, how does Vertex see their investments when they do their regional expansion? Do you see India with the same challenge? [26:25] Kee Lock's comments on shortage of tech talent and skills in Asia and how entrepreneurs are solving them. [28:30] Kee Lock's thoughts on returning technology talent to Asia from Silicon Valley and its impact to startup ecosystems in Asia Pacific for the next few years. [30:50] Does the lack of exits in India and Southeast Asia deter the market opportunity for venture capital to thrive? [31:35] With more global funds entering the region, do you see the potential of an overheated market with valuations going up? [33:00] Where do you see the evolution of venture capital in the next few years? [35:30] Closing [37:40] Can you recommend a book or movie or podcast or anything which recently made an impact to your work and personal life? [37:45] Kee Lock's recommendations: Ray Dalio's "Principles" and Simon Sinek's "Start from Why" How do my audience find you? [39:00] Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted by guest host Charles Reed Anderson (@CRASingapore, LinkedIn) from Techburst Asia Podcast and produced by Carol Yin and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk (Twitter, Facebook, Medium). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack and this episode is fully produced by Carol Yin (@CarolYujiaYin). Editor's note: We thank Charles for helping us to guest host this episode before Carol starts her new role as the producer and host of Analyse Asia after the live show.
Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. Jack Ma says he isn't about to retire from Alibaba but is planning a gradual succession Reports of Jack Ma's impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. Go-Jek said to be in talks to raise $2.7b in funding The Jakarta-based company plans to close the funding round in several weeks, the person said, asking not to be identified because the information is private. The start-up's existing backers include Tencent Holdings, Temasek Holdings and Warburg Pincus. Chinese Brands Rising: Strategic Imperatives in an Era of Increasing Consumer Confidence This article reviews the findings of Prophet's 2018 Brand Relevance Index (BRI) survey, the only index designed to measure the importance of brands in consumers' lives. In several ways, conclusions point towards more sophisticated Chinese shoppers with more faith in Chinese brands.
Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. Go-Jek said to be in talks to raise $2.7b in funding The Jakarta-based company plans to close the funding round in several weeks, the person said, asking not to be identified because the information is private. The start-up's existing backers include Tencent Holdings, Temasek Holdings and Warburg Pincus. Chinese Brands Rising: Strategic Imperatives in an Era of Increasing Consumer Confidence This article reviews the findings of Prophet’s 2018 Brand Relevance Index (BRI) survey, the only index designed to measure the importance of brands in consumers’ lives. In several ways, conclusions point towards more sophisticated Chinese shoppers with more faith in Chinese brands.
Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. Go-Jek said to be in talks to raise $2.7b in funding The Jakarta-based company plans to close the funding round in several weeks, the person said, asking not to be identified because the information is private. The start-up's existing backers include Tencent Holdings, Temasek Holdings and Warburg Pincus. Chinese Brands Rising: Strategic Imperatives in an Era of Increasing Consumer Confidence This article reviews the findings of Prophet’s 2018 Brand Relevance Index (BRI) survey, the only index designed to measure the importance of brands in consumers’ lives. In several ways, conclusions point towards more sophisticated Chinese shoppers with more faith in Chinese brands.
Chaik Ming, CEO of Forchn International, joins us in a conversation about Forchn International's unique business in ecommerce logistics real estate, and his experience doing business in Southeast Asia. Forchn Holdings is a founding shareholder of Alibaba’s Cai Niao Network, and through Forchn International has made private equity investments into Southeast Asian real estate entities that facilitate logistics for the growing ecommerce market in the region. Before his current role in Forchn, Chaik held positions as General Manager at Shell and as Shanghai Chief Representative at Temasek Holdings.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Sulian Tay, Managing Director of Investments of Temasek Holdings discusses the key opportunities.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Michael Switow and Lee Su Shyan preview Temasek Holdings annual results.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Michael Switow finds out more about a new Singapore bond offering backed by Temasek Holdings.
When talking about his business, Misa Zhu, founder of Chinese artificial intelligence start-up Rokid, frequently uses two words not often associated with tech: gorgeous and patient. That's because making high-end AI products that are both technologically superior and beautiful to look at is key to Rokid, a company Zhu likes to describe as "a product company for the consumer." Patience is another key value for the Hangzhou-based start-up, which in January raised a nearly US$100 million series C round led by the most patient of capital providers: Singapore's national wealth fund Temasek Holdings. "(If you are building) a 100-year business, why rush?" the 42-year-old former Alibaba research lab chief told China Money Network during a one-hour interview at the company's headquarters in a lush, attractive compound near Hangzhou's West Lake. He likes to call this office, surrounded by greenery and a small pond, "the jungle," and the hundreds of staffers "monkeys." "Nobody tells you what to do here. You need to figure out what you are passionate about," he said. It takes courage - and carries with it a certain degree of risk - to "be patient" in the age of super-fast business and technology cycles in today's China. Rokid's Founder Misa Zhu Speaks To China Money Network For the smart speaker market that Rokid is competing in, the industry landscape is shifting daily. Tencent Holdings Ltd., for example, announced that it would launch its own Tingting smart speaker to the public on April 20. Alibaba Group, Baidu Inc, Xiaomi Inc and JD.com Inc have all released self-branded smart speakers. Not to mention numerous independent start-ups like Mobvoi, which China Money Network spoke to last year, that are eyeing the Chinese smart speaker market. Around 350,000 smart speakers were sold in China last year, according to market research firm GfK SE. Compared to other Chinese AI start-ups, Rokid's "patience" is in great contrast to those that are ultra aggressive in both product development and fundraising. According to China Money Network's China Unicorn Ranking, there are eight unicorns (private companies valued at US$1 billion or more) in the AI sector. Rokid, according to Zhu, is not a unicorn yet as he doesn't "want to be a unicorn so fast" to put "great pressure on everybody." By contrast, Beijing-based Chinese AI company SenseTime raised a US$600 million round led by Alibaba earlier this month at a valuation of US$4.5 billion. Another company, Face++, raised US$460 million led by China State-Owned Assets Venture Investment Fund last October. Zhu said that he does not feel "pressured," as "it is still very early stage" for the AI industry. Rokid, as an AI product company for consumers, has the potential to one day become something like "Apple plus Google," because everything we use will be "smart" in the future. "In ten-years time, AI technology will become ubiquitous. There will be smart cars, smart TV, smart everything. The consumer market will be the biggest AI market, and the most successful AI company will be the consumer product company," Zhu predicts. "For now, we just focus on building gorgeous products." Rokid's smart speakers do indeed look different from the pack. The Alien, the company's first smart speaker product released in 2016, is shaped like a drop of water. The Pebble, Rokid's mass-market smart speaker product, looks like a nicely rounded "pebble". Both products are, frankly, gorgeous. Read an interview Q&A below. Also subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. Q: Rokid wants to be an AI company that's patient and doing business for the long-term. What would a successful AI company look like in ten years, in your opinion? A: Rokid is more of an user interface company than a pure AI company. To be exact, we are a product company to the consumer with a focus on user interface, which means connecting end-users with high technol...
Zhifei Li, founder of Chinese artificial intelligence firm Mobvoi, once joked in a Wechat post that the best business model for a Chinese AI company was to become an Internet celebrity via smart marketing and then pivot to become an e-commerce firm. But, he added self-deprecatingly, "because I'm not handsome enough and my Mandarin is terrible, I choose to sell premium hardware powered by our own proprietary AI technology." Behind the joke, however, lies Li's personal struggle to answer the billion-dollar question: What is the ideal business model for a successful AI company? A native of China's Hunan province, Li still speaks with a slight accent when China Money Network recently visited Mobvoi's Beijing headquarters. But there was no ambiguity in his conviction. "Our strategy is to develop the core voice recognition technology and then apply them to different hardware scenarios, where the technology makes sense for users," the former Google scientist with a computer science Ph.D. from John Hopkins University told China Money Network. "We are an AI company...(and) have the capability to combine algorithm, software and hardware all together." Mobvoi, a name derived from combining the first three letters of "mobile" and "voice", is among the leading players of a new pack of Chinese AI companies that are primarily focused on the so-called AI application layer. Instead of drilling deep into AI technology research, such as DeepMind Technologies, the vast majority of Chinese AI companies - 71% to be specific - are focused on generating real returns from applied artificial intelligence, according to a recent report released by Vertex Holdings, a member of Singapore's Temasek Holdings. This means Chinese AI companies have struggled with the brutal "business model" question for longer and deeper than their American peers, of which only 44% are application focused, according to a Tencent study. Discarding invalid answers (Li's Wechat post featured the survey choice "Continue painting an ever brighter picture for VCs to raise more money", which got the most votes from his friends), the choices for AI companies include: 1. Provide AI technology solutions to enterprises for a fee; 2. Go downstream to smart hardware. For Li, the first choice is abhorrently lousy. In option one, the only way to scale up is to try to grab more orders from enterprises, which inevitably leads to price competition and margin compression. Not to mention that Chinese technology giants such as Baidu, Alibaba and Tencent (BAT) could offer such services for free. In fact, a company in this camp, Face++, already provides free basic face and image recognition technology, while charging a fee for premium services, in a freemium (free+premium) model. As a veteran researcher with over a decade of experience first at the Natural Language Processing Lab of John Hopkins University and later on Google's translation team, Li believes he and his team's AI technology experience put Mobvoi at an advantage compared to other Chinese hardware makers. Other benefits of the software-hardware combo approach include brand awareness by end-users, potential to grow exponentially, and various ways to monetize the hardware. Investors seem ready to buy Li's vision. Having secured US$250 million in financing from Volkswagen Group China, Google, Sequoia Capital’s angel investment unit, SIG Asia Investment and others, Mobvoi is reportedly valued at a near-unicorn level, or approaching US$1 billion. Declining to disclose the company's valuation, Li prefers to explain his philosophy on what an AI company must do to survive and thrive. "If you want to make an AI company successful, you have to have products and integrate the technology in the products," Li said while flashing Mobvoi's Ticwatch S smart watch on his wrist. Mobvoi's first step of re-tooling itself to shift from being a voice interaction mobile app maker to a hardware developer came in 2015,
This episode lives thanks to the grace of some idiotic venture capitalists (including, fun fact, Singapore's sovereign wealth fund, Temasek Holdings!) who are going to lose their shirts, I mean, great people who we thank for the opportunity to continue doing what we love. Anyway, thanks to Ian Bushfield of Politicoast for joining us. We talk Twitter, foreign policy, some other stuff. It's fun.
Of French, Swiss and Filipino descent, Christine Amour-Levar is Social Entrepreneur, Marketing Consultant and Author who passionately believes in women empowering each other. She grew up between Manila, Paris and Tokyo and is currently based in Singapore, where she lives with her husband and four children. After graduating from Sophia University in Tokyo, with a BA in International Business and Economics, and a minor in Japanese language, she embarked on a fulfilling career that took her across Europe, Asia, North and South America for brands such as Nike, McCann-Erickson, Philippe Starck and her own Brazilian fashion retail business, Beijaflor. After selling her retail business in 2010, she went on to write the motivational guide, The Smart Girl’s Handbook to Being Mummylicious, published in May 2012. Today, Christine heads Marketing and Communications at Temasek Trust and Temasek Management Services, two wholly-owned subsidiaries of Temasek Holdings, a global investment firm headquartered in Singapore. She is also the Chief Marketing Officer of iRace Group, one of Asia's leading horse racing publishing and media companies and the Founding Partner of Women On A Mission, a non-profit organisation, which combines challenging expeditionary travel to remote locations around the world with the support of humanitarian causes. Christine recently received the 100 Most Influential Filipina Women in the World Award™ (Global FWN100™) that recognises Filipina women who are influencing the face of leadership in the global workplace, having reached status for outstanding work in their respective fields, and who are recognised for their leadership, achievement and contributions to society, female mentorship and legacy. I am super excited to introduce you to Christine. She is someone who I really admire because of her personal and professional accomplishments. You’ll hear me say it a few times in this episode, but I honestly don’t know how she has the time to do everything that she does. Having said that, I think when you’ve found that sweet spot in your life where you can use the skills that you’re good at while you work at something that you’re passionate about, the time you spend on work, doesn’t seem like work at all. Christine co-founded Women on a Mission - a social enterprise that combines travel, sport and adventure with her passion to end violence against women. Now I’m not talking about leisurely travel here, some of their recent missions have included one to Iran in November 2016 where they trekked 200km of dessert. They also recently went to Jordan for rock climbing, Siberia to live with the nomadic Nenets reindeer herders and even up to Everest Base Camp in 2012. These trips are not for the faint-hearted. We’ll chat about how they do these trips, prepare for them and how these trips contribute to the fight to end violence against women. Let’s get in to the show! Favorite quote from episode: “It may sound cliché, but I really believe that if you follow your passion and you do that throughout your life - even through the tough times when you think ‘oh I should just get safe job’ or, ‘I should just stick to something that is less flamboyant or risky’, but I think that if you do that continuously through your life, it ends up all just coming together.” – Christine [20:50] People/ items mentioned in this episode: Women On A Mission Smart Girl’s Handbook to Being Mummylicious Women for Women International Association of Women for Action and Research (AWARE) UN Women Singapore Pertapis Children’s Home Singapore Changemaker workshop (AWARE) Get in contact with Christine on her website, Twitter, or through Women On A Mission Show notes What is Women On A Mission? [05:00] Christine tells us about the causes that Women On A Mission support and why [08:35] How do teammates fundraise for these trips? [17:45] How does Women On A Mission measure impact? [23:30] “It’s not work for me! I work on it [Women On A Mission] every day but I don’t consider it work. It’s so much fun, I love what I do with Women On A Mission – it’s my profession of the heart” [29:50] Where does Christine see the future of Women On A Mission & what kind of things are they working on? [34:34] Corporate partnerships and corporate responsibility programs [38:40] “I put a lot of value on being kind and being compassionate towards others. But also educating yourself all through your life” [44:00] Three Things [47:00] What was your favorite quote or lesson from this episode? Let me know in the comments! Head to Facebook, Twitter, Instagram or doinggoodpodcast.com to get involved in the conversation Keywords: Social enterprise, corporate social responsibility, entrepreneurship, social enterprise, social entrepreneur, changemaker, social good, social impact, volunteer, women in business, entrepreneurs, entrepreneurship, empowerment, travel, adventure, sport, women, feminism, end violence, mother, businesswomen
O Man in the Arena é um videocast sobre empreendedorismo e cultura digital apresentado por Leo Kuba, Miguel Cavalcanti e In Hsieh. Neste episódio (#064): Um bate-papo com Anibal Messa, partner da Plataforma Capital e pioneiro em venture capital no Brasil. Anibal tem 14 anos de experiência em Private Equity/Venture Capital e 8 anos como consultor na McKinsey & Co. e Bain & Co. Executou uma das maiores “saídas” na história do VC brasileiro, através da venda do BuscaPe, a maior empresa de comparação de preços da América Latina, para o grupo Naspers da África do Sul por US$ 342 milhões. Atuou como Diretor de Investimentos da Temasek Holdings – um fundo soberano da Ásia, tendo estabelecido o escritório em 2008 e executado operações chave, tais como: LAN Aerolíneas, Netshoes e Visanet. Anibal possui experiência executiva diversificada, tendo trabalhado para a Delco Electronics, uma empresa GM Hughes Company, ABN/AMRO Bank e Royal Dutch/Shell. Anibal graduou-se em administração pela Fundação Getúlio Vargas e estudou na Escola Politécnica da USP, é CFA e possui MBA em finanças pela Universidade de Chicago. Atuou como “board member” da Netshoes, BuscaPe Inc. e boo-box. O Man in the Arena tem apoio da Livraria Cultura, KingHost e FIAP. Para saber mais: - Plataforma Capital: http://plataformacapital.com - Linkedin: http://www.linkedin.com/in/anibalmessa Acompanhe e participe nos canais do Man in the Arena: - YouTube: http://youtube.com/maninthearenatv - Facebook: http://facebook.com/maninthearenatv