Sunday, May 31, 2015

Get insider info on all Echelon activities with Echelon Investor Pack

With the Echelon Investor Pack, investors have the opportunity to evaluate and hobnob with startups on the go and more Investing in a startup is not for everybody. It requires time, energy and the kind of resources that a layman cannot dream about. Peter Thiel puts it perfectly, “First, only invest in companies that have...
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Funding Bytes: Daily tech funding news updates, June/1

Welcome to our daily compilation of tech funding news in Asia. We’ll be updating this post as news comes in, so watch this space Klook Travel completes US$1.5M investment round led by Tencent*Exec Hong Kong-based travel activities booking startup Klook Travel today announced that it has completed a US$1.5 million seed investment round, led by...
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Friday, May 29, 2015

Channel that road rage into reporting terrible drivers with Nexar

This Israeli app names and shames bad drivers to reduce road deaths You’re driving along, when some $%#!@ recklessly cuts in front of you, switches lanes without signaling or otherwise endangers everyone else on the road. If the offending vehicle happens to have a bumper sticker that reads “How am I driving?” you can report...
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10 fundamentals for revenue hacking and being a sales ninja

It’s not enough to just work*hard work and have passion to advocate your product, pitches by great salesmen weave*stories that*touch the heart Sales are usually quite a daunting experience for new startup founders and employees — the thought of asking money makes some shiver. Those that are in the profession are usually perceived as just...
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Surefire remedies for your Monday morning networking headaches

Here’s a look at networking issues that flare up on Mondays, and simple, effective ways to solve them to run a smooth organisation Mondays usually come with a heavier workload and intense pressure to sort out the problems that have crept up over the weekend. Networking issues may slow down the business to a snail’s...
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AppLift acquires Singapore-based mobile ad buying app Bidstalk

With this, AppLift ventures into real-time bidding: Bidstalk’s platform will be*integrated into AppLift’s mobile user-acquisition platform DataLift App marketing platform*AppLift *announced today that it has acquired Singapore-based mobile ad buying site Bidstalk. The financial terms of the deal were not disclosed. AppLift allows app advertisers to acquire and re-engage returning or valuable users at scale....
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Don’t blame India for your failure to hire great engineers: Flipkart to Snapdeal

Flipkart’s Sachin Bansal’s tweeted this as a response to*an industry report where Snapdeal’s Rohit Bansal allegedly commented on India’s lack of tech talent Though India has a huge reservoir of engineering talent,*Snapdeal,*one of the country’s largest e-commerce companies, said that it’s not finding the coders it needs most, according to a report in the Wall...
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Use Google Maps without Internet connection soon

This feature will allow users to get turn-by-turn directions with voice prompts At the annual I/O 2015 event in San Francisco, the search engine giant Google*announced that Google Maps will soon work both online and offline. The offline support will be launching later this year but Google hasn’t mentioned whether or not it will be...
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Meet the 3 startup graduates of PayPal India incubator

The ventures are DoPartTime, a marketplace for jobs providers and seekers; Fantain, a sports fans analytics firm; and Kobster, a B2B e-com portal PayPal, the online payments subsidiary of eBay, has announced the graduation of three startups from its Start Tank Incubation Centre in India. The three ventures — DoPartTime, Fantain and Kobster — started...
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Huawei is selling more smartphones in Southeast Asia than ever

The region*has become highly desired for China’s*smartphone giants, with Xiaomi starting to sell its devices in Singapore in 2015 China’s smartphone giant Huawei is selling more units in Southeast Asia now than ever before. But the reason may come as something of a surprise to many. Myanmar. Yes, you heard that right. The world’s second...
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Thursday, May 28, 2015

RSA’s Innovation Sandbox 2015 to discover the next cyber security star

The conference is designed to showcase regional innovation, and will discuss cloud and data security, cyber investigation, law enforcement, among other things Cyber security has always been an area of concern for governments and private organisations, including startups. Instances of government websites being hacked by terrorists and anti-national elements are increasing by the day, putting...
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Path confirms acquisition by KakaoTalk to boost Southeast Asia growth

For Path to truly grow, we need more resources and a larger local team that deeply understands Southeast Asian markets, says CEO*Dave Morin We*first reported that Path was in talks in to sell Path Classic, its*original social networking app, to South Korean messaging app KakaoTalk a month ago. Today, Dave Morin, CEO and Co-founder, Path...
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Your weekly Echelon roundup: Special packs for one week only!

Yet to get your tickets to the Echelon Asia Summit? Special packs of five to eight tickets are available for one week only. Get an additional 10% off as an e27 reader! Meet the Judges’ Choice winners at the TOP100 Exhibition The winners of the Judges’ Choice awards across the 14 qualifiers will go through...
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Dave McClure talks investment strategy and unicorn hype

How did 500 Startups scale up so quickly in five years? We had a chat with Founding Partner Dave McClure to find out With over 1000 startups on their portfolio, it’s safe to say that 500 Startups has far exceeded their goals. Some numbers courtesy of TechCrunch to paint a picture of how 500 has...
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Asia leads West in messaging: Internet Trends Report 2015

Just taking Facebook Messenger as a US market example, it still lacks integration on games, QR codes, food delivery and taxi services * One of the big takeaways from the Internet Trends Report 2015 by Mary Meeker in terms of Asia was around messaging apps, and innovation in, thereof. While the region takes its share...
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This startup helps singles find affordable NestAway from their home

Bangalore-based online marketplace for long-term home rentals, NestAway enables users in the discovery of homes, fulfilment and post rental services In India, if you are single, it is hard to get a rented apartment/home in major cities such as*Bangalore, Delhi and Mumbai. This is because real estate builders don’t trust singles, who they think booze...
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Funding Bytes: Daily tech funding news updates, May/28

Welcome to our daily compilation of tech funding news in Asia. We’ll be updating this post as news comes in, so watch this space Weibo invests US$142M in newly-merged*Didi Taxi and Kuaidi Taxi China’s*Weibo will invest US$142 million in China’s dominant taxi-hailing apps Didi Taxi and Kuaidi Taxi. The two firms merged in February to...
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Why are some companies so successful?

Whether it’s*Apple, Facebook, Twitter or Uber, entrepreneurs look at companies that are super successful and wonder what they do differently It bewilders us to see how they skyrocketed from a humble startup to phenomenal success. How do they not hit roadblocks? Why don’t they have problems to get through? What special talent helps them do...
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Magic ‘clones’ appear to be sprouting up across Asia

While both Nihao Concierge and Be Malas are still *finding their feet, they’re great examples of ‘startup clones’ borrowed from US ideas Twice in the past two months I’ve received emails from startups in Southeast Asia looking to replicate*Magic’s*model. For those unfamiliar, Magic is an SMS-based, on-demand delivery service that reportedly started as the side...
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Let IBM Watson take your business to the next level at Echelon Asia

Come to IBM’s special luncheon at Echelon Asia Summit where you’ll learn how to use*IBM’s Watson and Bluemix platforms to boost*your business As a startup in the Internet age, one simple fact holds true: Data is king! The trouble is that often in this world of data overload, where apps and programmes give us an...
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What John Nash’s beautiful theory can teach startups about funding

John Nash’s Nash Equilibrium revolutionised fields of*maths and economics; here’s*how you can*apply his theory*to your startup John Nash, the Noble Prize-winning mathematician who invented the Nash Equilibrium, which led to the popularity of game theory, died in a car accident last weekend. To the popular culture, John Nash was the character played by Russel Crowe...
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Wednesday, May 27, 2015

Can India prevent exodus of tech startups to US and Singapore?

In 2015, 65 per cent of the tech startups that plan to raise Series A are expected to be re-domiciled outside India Alibaba might be keen to invest more in India and work with Indian technology entrepreneurs and SoftBank*might be planning to invest US$10 billion in the country, but the bitter reality is that an...
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Here’s everything you want to know about Singapore’s startup scene

Take a look at some of the biggest*players — the major deals made and insights into entrepreneurial behaviour I first put together*the*landscape of the startup ecosystem in Singapore back in May 2014, which was*an infographic I called*the SINGASCAPE. Through my daily interactions with*startups, entrepreneurs, investors, and*overseas friends, I realised*that there wasn’t an easy way for...
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Why I won’t run another startup: Arthur Attwell

Lured by the lights of the startup industry, founders are the product in someone else’s show, but not with these five*rules Earlier this year, I closed my startup. So now I get to reflect on what I’d have done differently. Hindsight is unfair and inaccurate, but I still enjoy its lessons. This is one, a...
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“Tech that can make people lazy has huge potential in India”

Ajith Mohan, Founder, Furlenco says online grocery, e-commerce, home services are already big, and*subscription furniture will see a lot of traction Ajith Mohan, a senior analyst at Goldman Sachs in the US, was looking to sell his home furniture worth US$5,000 online, when he was asked to relocate to India. However, there were no takers...
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