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Accreditation@IMDA is working with SGX to help startups access capital markets

IMDA also wants to focus on developing four frontier technologies 

Goodshift Ventures Founder Simon Anquetil arrested in Australian tax fraud scandal

Simon Anquetil is accused of conspiring in a scheme that siphoned AU$165 million (US$124 million) from the Australian Tax Office 

21 Uber drivers arrested by police in Hong Kong

They were suspected of doing business without a hire car permit and third party risk insurance 

Indian m-commerce company Paytm unveils payments bank; customers to get cashbacks on deposits

Paytm payments Bank offers 4 per cent interest rate on savings account, and also offers current accounts to its millions of merchants 

Gree Ventures closes second fund, oversubscribed at US$67M final close

Gree Ventures has been targetting to raise US$60 million for its AT-II Investment Limited Partnership Fund 

China Funding Daily, May 21-22, Umbrella rentals, industrial robots, and test prep

The latest edition of China Funding Daily reports investment at some exciting verticals 

Shipamax raises funding from Cherubic Ventures to streamline communication in shipping industry, expand operations to Asia

Shipamax helps shipbrokers, shipowners, ship operators and charterers to make it easy to collaborate as a team and turn data into their competitive advantage 

IoT-enabled facilities management firm Ixora acquires majority stake in on-demand home improvement startup Renowala

Renowala is an online marketplace that lets interior designers and home owners come together for their home improvement and design requirements