Tag: Singapore

BioNTech to establish mRNA Manufacturing Facility in Singapore; create 80 jobs

BioNTech SE has announced plans to expand its global footprint to Asia with the establishment of its Regional Headquarters for southeast Asia in Singapore. In addition to selecting Singapore as its future regional headquarters, BioNTech plans to establish a fully integrated mRNA manufacturing facility in Singapore with support from the Singapore Economic Development Board. BioNTech…

Blue Planet Strengthens its Position in Waste Management Sector in Singapore with Second Acquisition

Blue Planet Environmental Solutions Pte. Ltd. (‘Blue Planet’) has announced the acquisition of Disaster Restoration Pte. Ltd. (‘DRS’) Singapore’s provider of disaster recovery and restoration services. The investment, made through DRS’s parent company, Big Red Pte. Ltd., is Blue Planet’s second acquisition in Singapore this year and comes closely after the acquisition of waste management…

Lenskart commits USD $50 million towards expansion in the UAE

Lenskart, eyewear retailer, has announced its foray into the Middle East market and plans to open its first retail store in Dubai soon. The company has committed $50 million (around AED185 million) towards the expansion in the UAE market. The eyewear specialist has launched its operations in the UAE through online offerings at its website ae.lenskart.com with…

EdTech Software brand Camu Moves its Head Office to Singapore

Camu, an EdTech Solution with an integrated Student Information and Learning Management System from Octoze Technologies Private Limited, has relocated its Head Office from Chennai (India) to Singapore. Camu’s development, support and business development teams of India will continue to operate from its office in Chennai (India). This move, according to the announcement, is significant…

Grab Raises $850mn, plans to expand into financial services

Singapore-based ridesharing startup Grab, recently announced that it has raised more than $850mn from Japan’s Mitsubishi UFJ Financial Group Inc and TIS Inc. With the recent investment, the company plans to bankroll its expansion into financial services in the region. According to joint statements from the companies, the sum includes $706 million from Japan’s largest…