SINGAPORE (Nov 20): A subsidiary of DeClout and Gobi Management Singapore have signed an agreement to collaborate to accelerate the growth of Southeast Asian startups in their portfolios.

DeClout Investments was incorporated as a two-tier platform comprising incubation and fund-raising facilitation for startups and growth enterprises. It invests in disruptive startups in the digital economy including fintech, big data analytics, cybersecurity and smart logistics.

DeClout was awarded a $10 million venture capital fund by the National Research Foundation to co-invest in local startups and is also a partner of SPRING Singapore’s Startup SG Accelerator programme.

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