, Singapore

Daily Briefing: CPF, HDB, IRAS to resume operations from 2 June; Kollective Ventures acquires Paktor Group

And B Capital, Antler announced collaboration.

From Channel News Asia:

Selected government service centres will resume operations from 2 June, but will only accommodate customers by appointment, as Singapore exits the COVID-19 circuit breaker period.

These include the five Central Provident Fund (CPF) service centres, service counters at HDB Hub and HDB branches, as well as the Inland Revenue Authority of Singapore's (IRAS) taxpayer and business service centre at Revenue House.

Other services that will resume operations from 2 June include the Ministry of Manpower’s employment pass services centre, the Health Promotion Board's student health centre, and the National Environment Agency's one-stop information and service centre for hawkers at HDB Hub.

The Courts will also resume hearings. Where possible and appropriate hearings will be conducted using remote communication technology.

Meanwhile, selected dental clinics in schools will reopen from 2 June without the need for appointments.

Read more here

From e27:

Capital advisory and investment firm Kollective Ventures (KV) has completed the acquisition of Paktor Group from Taiwan-based M17 Entertainment, according to an announcement.

Paktor is the umbrella that owns a few dating assets, including its namesake app available in Taiwan, Korea and Southeast Asia, and Goodnight, a voice-dating app.

This deal is also KV’s foray into full buyouts, beyond minority equity investments. Founded in July 2013, Paktor Group’s other products include Down, Sweet, and Kickoff. In addition, it also runs offline matchmaking agency GaiGai and image and date coaching agency Fleek.

In 2016, Paktor raised $46.2m (US$32.5m) in a funding round, led by K2Global, with participation from existing investor, Indonesian conglomerate PT Media Nusantara Citra Tbk and preceded by a $14.23m (US$10m) from investors, including YJ Capital, Global Grand Leisure, Golden Equator Capital and Sebrina Holdings Venture Capital.

Read more here

From DealStreetAsia:

B Capital Group has formed a partnership with startup incubator Antler in order to strengthen the startup community, according to an announcement.

B Capital and Antler will jointly launch a number of events aimed at supporting entrepreneurs. The events will focus on enterprise application software across multiple industries around the world.

In January, Antler announced it had raised $71.16m (US$50m) for its funds across multiple countries. Meanwhile, B Capital has raised $853.86m (US$600m) for its second fund and is now seeking to hit its hard cap of $1.07b (US$750m).

Read more here.  

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