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JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.

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Mock Bitcoins

Singaporean Bitcoin payment firm GoCoin pockets $1.4M in first funding round

Singapore-based digital currency payment firm GoCoin pocketed $1.4 million in its first funding round led by former Facebook executive Owen Van Natta and e-commerce site Bitcoin Shop for its sales and tech expansion.

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FIlinvest Corporate City

Singapore's Monozca Foundation to open incubator facility for SMEs in the Philippines

Singaporean organization Monozca Foundation is opening an incubator facility for small and medium enterprises (SMEs) in the Philippines in Filinvest Corporate City, which will be called the Cocoon SME Global Hub.

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John Sculley

Former Apple chief John Sculley to launch new smartphone brand in India

Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.

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Earth Hour joins forces with Singaporean crowdfunding site Crowdonomic for environmental endeavors

Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.

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Bitcoin ATM

Tembusu Terminals installs first Bitcoin machine in Singapore to possibly dispense cash

Tembusu Terminals Pte has set up the first Bitcoin ATM in Singapore just days after Japan-based Bitcoin exchange Mt. Gox went offline because of possible theft, Bloomberg reported.

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Alp Consulting Ltd

Japan's Outsourcing Inc invests $5M in India's Alp Consulting

Tokyo, Japan-based staffing firm Outsourcing Inc invested $5 million (INR30 crore) for a majority stake in Bangalore, India-based search and staffing company Alp Consulting Ltd to gain access to the Indian market.

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Singapore's DDB Group Asia Pacific acquires 22feet to help develop India's digital marketing solutions sector

Singapore-based business consortium DDB Group Asia Pacific acquired Bangalore, India-based digital marketing firm 22feet for an undisclosed amount in a bid to be the leader in the development of India's digital marketing solutions industry.

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Rakuten to launch beta version of streaming video platform Viki in Japan

Tokyo,Japan-based Internet services firm Rakuten will launch a beta version of the Singapore-based streaming video platform Viki in Japan tomorrow, just five months after the Japanese bought the platform for $200 million.

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Crayon Data

Singaporean data analytics firm Crayon Data secures INR7.3 crore for expansion

Singapore-based data analytics firm Crayon Data secured INR7.3 crore in a venture round from Jungle Ventures and Spring Seeds Capital for its expansion into the US, UK, Middle East, and China.

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Singapore-based mig33 purchases AlivenotDead for undisclosed amount

Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.

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Secret Recipe

China's Fosun Group invests $30.7M in Malaysian restaurant chain Secret Recipe

Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.

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Merlin Diamonds

Merlin Diamonds raises $1.76M for Australian mine development

Melbourne, Victoria-based diamond mining firm Merlin Diamonds raised $2 million by selling 26 million of its shares at $0.75 apiece to Singapore-based investment holding firm Blumont Group for the development of its diamond mine in the Northern Territory of Australia.

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DeNA invests in South Korean couple chat app Between

Japanese gaming platform and web services provider DeNA invested an undisclosed amount in Between, a chat app for couples created by South Korean firm VCNC, to help the app become an open platform.

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India's MakeMyTrip buys Amsterdam's EasyToBook for $5M

India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.

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