Singtel completes acquisition of Trustwave

Acquisition of managed security services specialist Trustwave*will help Singtel*expand its line-up of cloud-based solutions;*terms of the deal have not been disclosed Singapore Telecommunications Limited (Singtel) today completed the acquisition of managed security services specialist Trustwave, expanding the line-up of cloud-based solutions and building its vision to become a global managed security services provider, said an...
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MotionElements raises pre-Series A from KK Fund, 500 Startups

The Singapore-based stock image site will use the funds to scale operations in Asia and expand into*new searchable languages Singapore-based MotionElements, a growing royalty-free stock image site, completed its pre-Series A round with an undisclosed amount of funding from Singapore-based KK Fund and Silicon Valley’s 500 Startups, with participation from Japan’s Incubate Fund. MotionElements will...
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How to run a startup from 3 continents

A global startup team can build the foundation of a cross-cultural environment in the workplace. This is essential for long-term success, says global entrepreneur Varun Chandran I run Corporate360, a SaaS company, offering innovative Big Data products for B2B sales and marketing in global markets. The company*was started in Singapore where I am mostly based...
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CatchThatBus speeds up with US$1.5M pre-Series A funding from Jungle Ventures, 500 St

Jungle Ventures and 500 Startups are now investors in Malaysian startup CatchThatBus, which plans to expand in Southeast Asia Malaysia-based mobile bus-ticketing platform firm*CatchThatBus*has today announced snagging US$1.5 million in pre-Series A funding from Singapore-based investor*Jungle Ventures and US-based investor*500 Startups, alongside plans to expand its presence in Malaysia and Singapore. The startup operates as...
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Think Singapore is the best startup hub in Asia? Think again

Beijing and Seoul shine in a new report by Sparklabs Global Ventures, which puts*doubt on Singapore’s status as an Asian startup hub A company*trying to start up in Asia may be*intrigued by vibrant Vietnam, or may want to cash-in on a potential Indonesian gold mine or an expansive mobile market in the Philippines. Those certainly...
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Ksatria wants to be the knight that ends Indonesian SMEs’ tech woes

The new Indonesian incubator’s Founder R Putet Susetyo Bagus talks to e27 about helping SMEs, battling stereotypes and more As an alumnus of Japan’s kenshusei programme, R*Putut Susetyo Bagus understands that coming back home to Indonesia to start a business is not an easy journey. Kenshusei is a*terminology for*vocational school graduates who travel to Japan...
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It’s 2015 and ‘tech startup’ is still not known to Indonesian public

According to a DailySocial survey, only 47 per cent of respondents are familiar with the term ‘tech startup’ and all that it implies In 2015, tech startups have become a crucial part of people’s lives. Consumers have grown accustomed to use Go-Jek or shop online in various digital marketplaces. However, the term ‘tech startup’ itself...
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Language tech firm Reverie nabs US$4M for SEA, Middle East expansion

Aspada and Qualcomm Ventures have participated in the Series A funding of the Bangalore-based company Bangalore-based Reverie Language Technologies, which makes text communication possible via instant transliteration and facilitates it across digital platforms and devices, has secured US$4 million in its Series A round of funding from Aspada Investment Company, a provider of long-term growth...
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How to make the most of startup life even if your manager sucks

If you cannot have a one-*on-*one talk with your boss about what’s disturbing you, then it’s time to move on Managers. We all have to deal with some version of them, even the companies claiming they have a flat organisation structure. There’s always someone you report to. There’s always someone who, if you’re lucky, you...
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China has most global 3G subscribers; 1.4 times of US

A report by market research firm Daxue Consulting shows that a whopping two-third of global app downloads come from Chinese app stores The Chinese are now downloading more iOS apps than the US, according to a recent report released by China-focussed market research firm Daxue Consulting. Entitled ‘App Market in China’, it highlights the trends...
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Jakarta Transportation Agency seizes Uber cars

Ten Uber cars were seized on August 28*by Jakarta Transportation Agency due to violation of Law No 22/2009 on Traffic and Land Transportation Targetting both Uber and GrabCar drivers, a raid was held in coordination with the Jakarta Police and the Jakarta Organization of Land Transportation Owners (Organda) on August 28, 2015 due to violation...
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Meet Makerbay: A Hong Kong co-working space for inventors

Makerbay’s concept revolves around a community doing DIY, tech-centric or just-for-fun projects using materials stocked in the makerspace First things first, let’s address a fair question: What exactly is a makerspace? No need to whip out your phone to do a surreptitious Google search — we’ll make it easy for you. Fiona Ching, the General...
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Chinese oil companies come online with Internet Plus Policy

Chinese oil companies are jumping on the digital bandwagon to accelerate and improve their business models China’s Internet Plus government initiative has ignited a steady state-led push to bring some of the country’s most traditional industries online. Banking, healthcare and agriculture have all seen their fair share of digital modernisation over the past few months....
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What I learned when I gave up the ‘9 to 5’

Entrepreneur and digital nomad Jacob Laukaitis talks about the varied benefits of not hanging your (corporate) hat in one place My grandparents, who were born and raised in the Soviet Union, had a very simple idea of success. They wanted to find one job*and do it for the rest of their lives. For them, this...
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MyRepublic MD: “We believe the license is ours to lose”

After announcing plans to offer free unlimited data, does MyRepublic have plans to stick it to existing telcos or to throttle their services? On Thursday,*MyRepublic made a splash*by announcing a plan to provide free unlimited data to customers who subscribe to their service before September 30th. e27 sat down with Managing Director Yap Yong Teck,...
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India’s food discovery startup BetterButter bags seed funding

Funding will go towards launching its app, hiring more talent, and building new features such as a*nutritional*information calculator Social media-enabled food discovery platform*BetterButter*announced today that it has raised an undisclosed seed funding led by growx*ventures. Participating investors include Singapore-based investment firm M&Y Growth Partners*and angel investor Manish Singhal. Singhal will also take on the role...
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Shop for customised, multi-utility furniture on this (Wooden) Street

New Indian furniture e-tailer Wooden Street will face tough competition from heavily-funded online players such as Urban Ladder, FabFurnish and Pepperfry Unlike other consumer Internet businesses, furniture is a highly capital-intensive business. From sourcing to delivery, furniture requires a different set of skills to manage compared to other items such as mobile phones or apparels...
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New Indian fund StartupXseed backs anti-malware startup ShieldSquare

The Bangalore-based startup will*use the capital for strengthening its product platform ShieldSquare, a Bangalore-based startup providing SaaS solution that protects online businesses against web scraping and malware attacks, has raised an undisclosed amount in funding from StartupXseed, a new fund co-launched by V Balakrishnan and TV Mohandas Pai (former top executives at Infosys). “We are...
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BOP and Central Bank lobby for Bitcoin accreditation in the Philippines

Now that ride-sharing has been legitimised by the government, it’s the cryptocurrency’s turn A milestone was achieved when the Philippine government allowed official regulation of ride-sharing services Uber and GrabCar. The newly elected board of the Bitcoin Organization of the Philippines (BOP) wants to blaze the same trail for Bitcoin, collaborating with Bangko Sentral ng...
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Uber China raises US$1B from Baidu, Hillhouse, others

Earlier reports suggested that China’s state-run CITIC bank was planning an investment of US$100 million between Uber Global and Uber China The Chinese arm of mobile-based taxi-hailing giant Uber has closed US$1 billion funding round from a group of investors, including Asia’s biggest hedge fund Hillhouse Capital, Chinese Internet giant Baidu, China CITIC Bank, China...
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Japan’s agriculture tech company Farmnote raises US$1.7M

Farmnote wants to integrate*wearable technology*into Japan’s agriculture industry Farmnote, a cloud-based agriculture company, announced a funding round of US$1.7 million from Tokyo-based trading company Kanematsu, Kanematsu Agritech, Japanese mobile gaming company Gree, Colopl Co-founder and Executive Vice President Kotaro Chiba, Six Apart CTO Daiji Hirata and an undisclosed Japanese company. Based in Japan’s northern island...
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Reaching out: These startups are educating Indonesia’s underprivileged

Ruangguru, Zenius and IniBudi are dealing with the country’s education challenges head-on and taking steps for a better future Access to quality content is one of the biggest challenges*in the Indonesian education sector.*Whilst students from upper-middle-class families in Jakarta can afford private schools with excellent facilities and well-qualified teachers, their peers who go to underfunded...
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Philippines to soon have its own Block 71

IdeaSpace Foundation and government agencies plan to build National Innovation Centres: a convergence of startups, academics and government In the style of Block 71 in Singapore and Silicon Valley in the US, the groundwork has been laid for a startup stomping ground for Filipino entrepreneurs. Nonprofit incubator IdeaSpace Foundation has recently teamed up with the...
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5 morning rituals that make me successful

Serial entrepreneur*Lisa Song Sutton*says how you spend your first few hours often dictates*the rest of the day The start of your morning sets the tone for the next 24 hours. As a businesswoman running several different companies at the same time, I’ve learned that mornings are a valuable opportunity to get things done before the...
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Indonesia scores fastest growth in Southeast Asia’s mobile gaming industry

Chinese and Indonesian game developers gathered at the Mobile Game Conference, Jakarta yesterday to discuss the industry’s next steps Hundreds of game developers from China and Indonesia gathered at the Century Park Hotel, Jakarta yesterday, for an annual event to discuss the future of Indonesia’s gaming industry. The event was pioneered by the China-ASEAN Mobile...
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