DBS Bank

DBS Bank, founded in 1968 and headquartered in Singapore, is a leading financial services firm that operates across Asia and the Middle East. The bank provides a comprehensive range of services, including consumer banking, wealth management, institutional banking, and treasury markets. Its consumer banking segment offers products such as savings accounts, loans, and insurance to individual customers, while the institutional banking division serves large corporations, government-linked companies, and small and medium-sized enterprises with services like cash management and corporate finance. Additionally, DBS Bank is involved in private banking and has ventured into venture capital through funds that target various sectors like technology and media. With a workforce of over 17,000 employees from diverse nationalities, DBS Bank leverages its regional expertise to build lasting client relationships and facilitate trade and investment flows, particularly in fast-growing markets such as mainland China, Indonesia, and India.

Philip Fernandez

Managing Director and Group Corporate Treasurer

Anuruk Karoonyavanich

CEO

Rajat Verma

Managing Director and Country Head Institutional Banking

26 past transactions

Svakarma Finance

Venture Round in 2022
Svakarma Finance is a non-banking financial company (NBFC) that focuses on providing financing services specifically tailored for micro, small, and medium enterprises (MSMEs). The company aims to support the growth of these businesses by offering loans for various needs, including working capital, capital expenditure, and supply chain management. Svakarma Finance employs a combination of direct lending and co-lending strategies to ensure that customers receive timely and suitable financial solutions, thereby enabling them to reach their full potential and enhance their operations. Through its impact-focused approach, Svakarma Finance plays a crucial role in empowering MSMEs and contributing to their sustainable development.

Shree Renuka Sugars

Post in 2022
Shree Renuka Sugars is an agribusiness and bio-energy corporation focused on the production and manufacture of sugar. Founded in 1998 and headquartered in Belgaum, Karnataka, the company operates eleven integrated sugar mills, with four located in Brazil and seven in India. Additionally, it manages two port-based refineries in India. The company's operations are diversified across several segments, including sugar milling, sugar refining, trading, co-generation, distillery, and engineering, with the sugar refinery segment accounting for the majority of its revenue.

The Parentinc

Debt Financing in 2022
Tickled Media Pte. Ltd. is a digital publishing company based in Singapore that operates an online platform dedicated to parenting information. The platform, primarily through its flagship brand theAsianparent.com, provides resources and community support for mothers, covering a wide range of topics including pregnancy, childbirth, child development, family life, and wellness. It aims to create non-judgmental communities where users can share experiences and advice. The company also offers online strategy services, community acquisition plans, and advertising and market research services to enhance its digital presence and user engagement. Tickled Media serves a diverse audience across several countries in Asia and beyond, reaching over 11 million mothers. Founded in 2009, the company has secured venture capital backing from notable investors and continues to expand its influence in the digital parenting space.

REC

Post in 2022
REC Limited is a public financial institution based in New Delhi, India, that specializes in providing financing services for the power sector. Established in 1969, the company offers a range of loans, including long-term, medium-term, and short-term options, to support projects in power generation, transmission, and distribution. REC serves various clients, including state electricity boards, government utilities, independent power producers, and private sector entities, through its extensive network across the country. The company also plays a significant role as a nodal agency for several government initiatives aimed at enhancing electrification and improving electricity distribution, including the Pradhan Mantri Sahaj Bijli Har Ghar Yojana and the Deen Dayal Upadhyaya Gram Jyoti Yojana. Additionally, REC acts as a bid process coordinator for selecting transmission service providers and offers consultancy services within the transmission and distribution sectors. Formerly known as Rural Electrification Corporation Limited, the company rebranded in October 2018 and is a subsidiary of Power Finance Corporation Limited.

Bukalapak

Post in 2021
PT Bukalapak operates an online e-commerce platform in Indonesia, offering a diverse range of consumer products, including electronics, household appliances, automotive parts, cosmetics, and apparel. Founded in 2011 and headquartered in Jakarta, the platform facilitates easy shopping through various categories, ensuring consumers can access a wide variety of commercial and personal items. Bukalapak emphasizes customer convenience with features such as easy returns and multiple payment options, including cash on delivery and credit or debit card transactions. In addition to physical goods, the company also provides virtual financial products, enhancing its overall service offering in the Indonesian market.

Sunseap

Debt Financing in 2021
Sunseap Group Pte. Ltd. is a Singapore-based provider of clean energy solutions, specializing in solar energy services for residential and commercial clients. Established in 2011, the company offers a comprehensive range of services, including solar power purchase agreements (PPAs), offsite clean energy supply, engineering, procurement, and construction (EPC) of solar photovoltaic (PV) systems, as well as operations and maintenance (O&M) services. Sunseap positions itself uniquely as both a licensed electricity wholesaler and retailer, allowing it to implement diverse business models such as solar leasing and clean electricity supply. The company also focuses on energy efficiency and demand-side management, contributing to its mission of promoting sustainable energy practices across the South East Asia Pacific region.

Adani Transmission

Post in 2021
Adani Transmission Limited (ATL) headquartered at Ahmedabad in Gujarat, India, is one of the largest private sector power transmission companies in India with a presence across the western and northern regions of India. They primarily aim at addressing the vast potential in India’s transmission sector and our ambitious target is to set up 20,000 circuit km of transmission lines by 2022. They currently operate more than 8500 circuit kilometer of transmission lines and around 14000 MVA of power transformation capacity. They have invested in the latest technologies resulting in the highest network availability of over 99.80% in the country, which corresponds to the best global standards
Shenzhen Rural Commercial Bank operates one of the largest branch networks in Shenzhen and employs more than 3,600 people.

Chandra Asri

Debt Financing in 2021
PT Chandra Asri Petrochemical Tbk is a leading integrated petrochemical company based in Indonesia, with operations extending internationally. The company has several key segments, including Olefin, Polyolefin, Styrene Monomer, Butadiene, and Tanks and Jetty Rental. It produces a variety of products such as olefins—ethylene, propylene, mixed C4, pyrolysis gasoline, and pyrolysis fuel oil—as well as polyethylene and polypropylene, which are utilized in diverse applications like packaging, construction, and consumer goods. The company also manufactures styrene monomer for the production of polystyrene and related materials, and butadiene, which is essential for producing various rubber products. Chandra Asri generates significant revenue from its Polyolefin segment, with a strong presence in both the Indonesian and Singaporean markets. The headquarters of the company is located in Jakarta, Indonesia, and it actively exports its products.

Garudafood

Post in 2020
Garudafood Putra Putri is a consumer good producer.

Sembcorp Industries

Post in 2020
Sembcorp Industries is a prominent energy, water, and marine group with a global presence across six continents. The company operates facilities with a total gross power capacity of 5,800 megawatts and manages more than seven million cubic meters of water daily, catering to industrial and municipal clients. Sembcorp is recognized for its leadership in marine and offshore engineering, as well as its contributions to urban development. In India, Sembcorp Energy India Limited serves as a key independent power producer, with subsidiaries that focus on renewable energy generation, including wind, solar, hydro, and biomass. Founded in 2008, Sembcorp Green Infra Limited is dedicated to renewable power solutions, enhancing the company's commitment to sustainable energy. Sembcorp Industries boasts substantial assets exceeding S$12.5 billion and employs over 9,000 people, reinforcing its position as a trusted provider of essential services worldwide.

CapitaLand

Post in 2020
CapitaLand is one of Asia's largest real estate companies, headquartered in Singapore and formed in 2000 through a merger of DBS Land and Pidemco Land. It focuses on developing high-quality real estate products and services, managing a diversified global portfolio that includes integrated developments, shopping malls, serviced residences, offices, and homes. The company primarily targets markets in Singapore and China, while also expanding into Vietnam and Indonesia. CapitaLand has a significant asset base and employs active capital management strategies to enhance its offerings. Additionally, it operates one of the largest real estate fund management businesses in Asia, with a substantial portion of its earnings generated from real estate investments across various sectors, including office, retail, lodging, logistics, and data centers. The firm also earns fee income through lodging management and asset management services for investment vehicles.

Tiong Seng

Post in 2019
The history of their group dates back to 1959 when Tiong Seng Contractors was established. Since then, they have grown as a company to get to where they are today.

CapitaLand

Post in 2018
CapitaLand is one of Asia's largest real estate companies, headquartered in Singapore and formed in 2000 through a merger of DBS Land and Pidemco Land. It focuses on developing high-quality real estate products and services, managing a diversified global portfolio that includes integrated developments, shopping malls, serviced residences, offices, and homes. The company primarily targets markets in Singapore and China, while also expanding into Vietnam and Indonesia. CapitaLand has a significant asset base and employs active capital management strategies to enhance its offerings. Additionally, it operates one of the largest real estate fund management businesses in Asia, with a substantial portion of its earnings generated from real estate investments across various sectors, including office, retail, lodging, logistics, and data centers. The firm also earns fee income through lodging management and asset management services for investment vehicles.

Lang-8

Venture Round in 2018
Lang-8, Inc. operates a language exchange social networking portal designed to enhance language learning through interaction with native speakers. Founded in 2007 and based in Tokyo, Japan, the platform allows users to write journal entries in the language they are learning. Native speakers then provide corrections and feedback, facilitating a collaborative learning environment. This mutual exchange not only aids learners in improving their writing skills but also enables them to assist others in their language journey. Lang-8 supports a wide range of over 70 languages and has attracted a global user base from 180 countries, fostering a friendly community focused on sharing knowledge and cultural understanding.

LanCul

Venture Round in 2018
LanCul Co., Ltd., founded in 2013 and based in Setagaya, Japan, operates a unique cafe and bar in Tokyo that focuses on community-based learning. The company offers an English conversation cafe service that combines casual dining with opportunities for language practice and cultural exchange. Customers can engage in group discussions, participate in events, or have one-on-one conversations with staff from overseas, facilitating a rich environment for language learning and cultural immersion. This innovative approach aims to enrich and diversify the minds of its users by fostering meaningful interactions in both physical and online settings.

Carousell

Series C in 2018
Carousell is a classifieds marketplace that allows people to buy and sell preloved items. It is a Singapore-based consumer-to-consumer marketplace app for iOS and Android. The Carousell marketplace has a diverse range of products across a variety of categories, including cars, lifestyle, gadgets, and fashion accessories. It has been ranked as the top Shopping app in Singapore, Taiwan, Hong Kong, and Australia, and is backed by leading international Venture Capitalists Sequoia Capital, Rakuten Ventures, 500 Startups, Golden Gate Ventures, and QuestVC. Launched in Aug 2012, Carousell began in Singapore and has expanded to 19 cities around the world, spanning 7 countries.

Du Anyam

Grant in 2018
Du'Anyam aims to connect Craft Artisans to the Market through simple and effective technology, leading the digital revolution in the craft industry. Du'Anyam started their enterprise in East Flores, Indonesia in 2014, where the have worked with over 1,000 weavers to empower women, promote culture, and improve livelihood in rural Indonesia. They have partnered with over 200 hotels and companies to supply more than 150,000 high-quality, functional crafts with added social marketing value. They were also selected as the only craft-based company to be the Official Merchandiser of ASIAN Games 2018.
Pandawa Agri Indonesia (PAI) is a startup engaged in agriculture with ambition to make half of Indonesia’s agriculture using synthetic products. By creating product as eco-friendly pests and weed killers solution claimed to save farmer’s expense to 30%. PAI will use the grants fund to build new production facility.

Teabox

Series B in 2017
Teabox operates an online platform that specializes in delivering organic tea and tea-based products directly from the source. The company sources fresh Indian teas from renowned tea gardens in regions such as Darjeeling, Assam, the Nilgiris, and Nepal. Its product range includes various types of tea, including black, green, white, and oolong, ensuring that consumers have access to 100% fresh and organic options. Through this direct sourcing model, Teabox aims to provide high-quality tea without compromising on aroma and flavor.

Teabox

Debt Financing in 2017
Teabox operates an online platform that specializes in delivering organic tea and tea-based products directly from the source. The company sources fresh Indian teas from renowned tea gardens in regions such as Darjeeling, Assam, the Nilgiris, and Nepal. Its product range includes various types of tea, including black, green, white, and oolong, ensuring that consumers have access to 100% fresh and organic options. Through this direct sourcing model, Teabox aims to provide high-quality tea without compromising on aroma and flavor.

Kasisto

Series A in 2017
Kasisto, Inc. is a company that specializes in developing a conversational platform for financial institutions, enabling them to enhance customer engagement through virtual personal assistants. Its core offering, KAI, is a digital experience platform that facilitates the creation of branded virtual assistants and chatbots capable of delivering personalized experiences across various channels, including mobile apps, websites, and voice-activated devices. The platform includes solutions such as KAI Consumer Banking, which offers engaging experiences for users, and KAI Business Banking, providing immediate access to crucial financial information and services. Additionally, KAI Investment Management helps customers articulate their financial goals and receive tailored insights. Founded in 2013 and headquartered in New York, Kasisto also has offices in Mountain View, California, and Singapore, positioning itself as a key player in improving customer interactions in the banking sector.

Grain

Series A in 2016
Grain is an online restaurant that uses data and a tech-enabled network to serve food to customers.

Teabox

Debt Financing in 2016
Teabox operates an online platform that specializes in delivering organic tea and tea-based products directly from the source. The company sources fresh Indian teas from renowned tea gardens in regions such as Darjeeling, Assam, the Nilgiris, and Nepal. Its product range includes various types of tea, including black, green, white, and oolong, ensuring that consumers have access to 100% fresh and organic options. Through this direct sourcing model, Teabox aims to provide high-quality tea without compromising on aroma and flavor.

Sunseap

Series B in 2015
Sunseap Group Pte. Ltd. is a Singapore-based provider of clean energy solutions, specializing in solar energy services for residential and commercial clients. Established in 2011, the company offers a comprehensive range of services, including solar power purchase agreements (PPAs), offsite clean energy supply, engineering, procurement, and construction (EPC) of solar photovoltaic (PV) systems, as well as operations and maintenance (O&M) services. Sunseap positions itself uniquely as both a licensed electricity wholesaler and retailer, allowing it to implement diverse business models such as solar leasing and clean electricity supply. The company also focuses on energy efficiency and demand-side management, contributing to its mission of promoting sustainable energy practices across the South East Asia Pacific region.
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