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Billionaire club invests in tech-savvy India, China and US

An exclusive and influential club of high powered Asian billionaires and family offices is investing in technologies companies in India, China and the US that are mulling an Initial Public Offerings (IPOs). “These investments are going into Indian, Chinese and American technology companies looking for growth capital to propel their business,” said Ozi Amanat, the …

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Millionaire and wife donate food to the poor; pledge to match what others donate as well

SINGAPORE – Millionaire venture capitalist Ozi Amanat and his wife, Ms Asema Ahmed, have donated 1,000 meals to migrant workers in quarantine through the charity Free Food For All on May 7. Mr Amanat said he was inspired by a recent Twitter message by Prime Minister Lee Hsien Loong who thanked those who donated meals …

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Singapore government investment arm backs K2 Global and Trendlines Medical for tech start-ups

Misgav, Israel – Singapore – 8 February 2018 – The Trendlines Group Ltd. (“Trendlines”) (SGX: 42T, OTCQX: TRNLY), an Israeli company focused on developing innovation-based medical and agricultural companies, announced that its subsidiary, Trendlines Medical Singapore Pte. Ltd. (“Trendlines Medical Singapore”) will collaborate with Ozi Amanat’s Singapore-based venture capital firm K2 Global Pte Ltd (“K2 …

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A ride on Indonesia’s first and only ‘unicorn’

In Indonesia , the motorbike often reigns supreme over cars. In addition to the obvious reasons of affordability and efficiency, heavy traffic is a large factor. Jakarta, for instance is one of the most congested cities in the world. More than 76 million motorbikes were registered in the nation as of 2012, according to The Jakarta …

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This is why rich Asian clans are pouring money into technology startups

SINGAPORE — In Hong Kong, 35-year-old Matthew Tai has been shifting part of his family’s fortune, built by his father and uncles in real estate, into a string of digital startups. Mr Tai says he’s invested in crowd-funding platform FundHive, a producer of ultra-thin LCD screens called Organo-Circuit and recruitment website Freeboh. About 15 per …

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