The Business Times

Startup valuation

Startups

OpenAI valuation soars to US$500 billion, topping Musk’s SpaceX

The MOU signings took place during the IVAS-IVSC Business Valuation Conference, and was witnessed by Second Minister for Finance and National Development Indranee Rajah (third from left).
Companies & Markets

Business valuation body signs MOUs with training partners, develops new standards for intangible assets

Another round of layoffs have hit Ninja Van as the logistics startup looks to deepen its focus on new business units of cold chain and business to business restock.
Startups

Ninja Van axes 12% of Singapore staff amid US$80 million fundraising

In February, Groq secured a US$1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced artificial intelligence chips to the country.
Telcos, Media & Tech

AI chip startup Groq discusses US$6 billion valuation, The Information reports

Founders of code-gen startups and their investors believe they are in a land grab situation, with a shrinking window to gain a critical mass of users and establish their AI coding tool as the industry standard.
Startups & Tech

AI ‘vibe coding’ startups burst onto scene with sky-high valuations

Lie Kok Keong, council chair of the Institute of Valuers and Appraisers, Singapore (IVAS).
ASEAN Business

As regional M&As spike, Singapore’s business valuation body sees benefit of standardised practices across countries

Second Minister for Finance and National Development Indranee Rajah delivered the keynote address at the IVAS-IVSC Business Valuation Conference 2024 virtually.
Companies & Markets

What’re your brand and technology worth? New valuation guidelines being developed for intangible assets

Revolut said on Friday it had “signed agreements with a group of leading technology investors to provide liquidity to employees through a secondary share sale at a US$45 billion valuation.”
Banking & Finance

UK fintech firm Revolut valued at US$45 billion after secondary share sale

X.AI was slated to wrap up a roughly US$6 billion financing earlier this month, but the final close still hasn’t happened in the deal, which has been in motion since last year.
Telcos, Media & Tech

Musk’s xAI nears close of deal valuing startup at US$24 billion

In January and February, India’s startups raised about US$900 million – a pace that signals another slow year after a six-year low of just US$8 billion in 2023, Venture Intelligence data showed.
International

Once burnt, investors curb enthusiasm for India's startups

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