Monday, February 29, 2016

Singapore’s new co-working space houses a library, cafe and…an art gallery?

Fintech-focussed VC Life.SREDA’s co-working space is located in the iconic startup hub Block 79 and will be occupied by fintech startups Singapore-based fintech VC firm Life.SREDA*has announced the launch of its new co-working space at the heartland of innovation in Singapore–Block 79 Ayer Rajah Crescent. The facility, which is free to use, will be occupied...
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This is how Australia is changing to become startup friendly

In interviews with the Australian Ambassador to Israel and StartupAUS’ Acting CEO, Geektime learned how Australia is making big changes to grow their ecosystem Australia’s Minister for Industry, Innovation and Science Christopher Pyne announced back in December that his government would be funding the establishment of a number of key technology locations around the world,...
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The 20-year banking race for Blockchain acceptance

Blockchain is like a fast-moving train that is gathering momentum and once it reaches its station, there is no turning back for the financial industry Banks are embracing technology like never before. You are advised to read the basics of Blockchain here before continuing with this article. In this article, you will see the broad...
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4 simple steps for starting a business with only US$15K

No one becomes an expert overnight Building a business costs money. And unfortunately, as the old saying goes, money doesn’t grow on trees. I started my mobile gym franchise GYMGUYZ seven years ago with little capital myself. But in the process, I learned that it is possible to pursue business ownership with around US$15,000. To...
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Decoding the Islamic State’s network on Twitter

India-based Ankit Shukla demystifies the spread of the militant virus, called ISIS, on Twitter using a data-backed approach Since the later half of last decade, terror outfits such as al-Qaeda, Islamic State of Iraq and Syria (ISIS) and their affiliates started*misusing the Internet (mainly social networks*like*Twitter), thanks to their*massive reach. They used and are still...
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A week after launching exits platform, Tracxn invests in fintech startup Tauro Wealth

The pain-point for Tauro Wealth is a society that is not overly trusting, or enthusiastic about, investing in the stock market Tauro Wealth, a technology-driven platform built to offer portfolio strategies for the Indian investor, announced today it received an undisclosed seed fund from Tracxn Labs and a few angel investors. The startup*is still in...
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Indonesia to Internet giants: Pay tax and censor your content, or move out of the way

Indonesia’s digital advertising sector was worth about US$800 million in 2015, but the business was left untaxed because of loopholes in regulations Indonesia’s Ministry of Communications and Informatics spokesperson Ismail Cawidu told Reuters that in March, the Ministry aims to issue a regulation for streaming and messaging providers, as well as social media websites. He...
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This cutesy smart thermometer hovers above your forehead to take your temperature

Zeraph’s device uses a infrared sensor to detect whether you are running a fever and displays the temperature on a*smartphone Hong Kong-based IoT consumer tech startup Zeraph has an ingenious remedy for those sick of sticking a thermometer into one of their orifice to measure their temperature: one that does not need to even come...
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It’s go time: American domain giant GoDaddy launches in 11 Asian markets

GoDaddy hosts 10 million websites, and dominates the Indian market, but today’s launch allows for localisation to each country Known as much for its advertisements featuring scantily clad women as its status as one of the world’s most important domain hosting service, US-based GoDaddy Inc. announced today a major push into Asia. The company has...
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Oh, yeah: Price comparison site PriceOye hits up Pakistani e-commerce scene

The country’s e-commerce market is predicted to hit US$1 billion by 2020, from just US$100 million in late 2015 Internet entrepreneur Awais Imran, is teaming up with brothers*Adnan and Adeel Shaffi, to take their substantial experience in Pakistan’s IT community and build something to solve domestic problems. The two Shaffi brothers have launched and managed...
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Sunday, February 28, 2016

Facebook’s Eduardo Saverin invests US$13M in baby products e-tailer Hopscotch

Saverin’s Velos Partners had earlier infused US$11 million in Hopscotch, a flash sales site for baby and kids products Mumbai-based online baby and kids products retailer Hopscotch has received US$13 million in funding from Facebook Co-founder Eduardo Saverin, according to a report by The Economic Times. Started in 2012 by Rahul Anand and Lisa Kennedy,...
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Clash of Titans: More Indonesian conglomerates join e-commerce battle

Astra Graphia, a joint venture between Salim Group and Lotte Group, and CT Corp are set to launch e-commerce platforms It has started to become a pattern, or at least a trend: With the Indonesian e-commerce market predicted to grow up to US$130 billion by 2020, every company seems to have its eyes on the...
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This HK-based spa and salon marketplace just raised more than US$500K from HK and Isr

BloomMe will use the funds to accelerate software development, expand its spa base and ramp up marketing efforts HK-based spa and salon booking marketplace*BloomMe*has raised well beyond US$500,000 from a syndicate of five unnamed Hong Kong and Israel-based investors, said an official press statement. CFO of BloomMe, Wolfgang Ettlich, also stated the funds included investments...
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How will fintech change global finance?

Fintech startups creating a new financial system that is defined by a new order of trusted intermediaries that are smarter, better, more versatile and affordable We can all tell a story of the impact e-commerce has had in our lives. With fintech in the limelight, let us look at the bigger picture and explore how...
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Ratan Tata invests in managed home rental marketplace NestAway

NestAway turns unfurnished houses into fully-furnished and managed apartments and provides them at affordable prices to pre-verified tenants Ratan Tata, Chairman Emeritus of Tata Sons, has invested an undisclosed amount in his personal capacity into NestAway Technologies, a managed online marketplace for long-term home rentals in India. In May last year, the Bangalore-headquartered startup had...
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Even if in China for a week, WeChat is absolutely crucial for business

Andrew Shorr of Grata.co says WeChat is not Twitter or Facebook, content must resonate with user base Analyse Asia is a weekly podcast hosted by Bernard Leong and features guests from across Asia’s vibrant tech community. e27 will republish the series covering a range of companies, topics and news analysis. To follow Bernard, and Analyse...
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1-in-5 of 2016’s new tech billionaires are Chinese women

The country saw 90 new billionaires in the past year, taking their total to 568 2015 was a tough year for billionaires who made their mint in metals and mining, but a much better year to be filthy rich in tech, according to the annual Hurun Rich List report, which ranks the world’s most wealthy...
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China startup Kika scores $30.6 million for emoji keyboard

Kanye, your idea for an emoji autocorrect is far behind the ball Chinese-American startup*Kika Tech, the creators of an emoji-based keyboard app for iOS and Android, grabbed a massive $30.6 million Friday in a round co-led by Chinese investor and Zeus Interactive CEO Zhu Ye. Other leading investors included Bole Zongheng and Honge Capital, also...
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Friday, February 26, 2016

Singapore tops mobile app economy, but for how long?

While China, India and Indonesia rank low in today’s regional ecosystem, they are set for major jumps in the future and are projected to*lead APAC in the years to come Singapore ranks as the top app-based economy in Asia, but the city and other regional leaders must address market gaps or see themselves leapfrogged by...
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India’s food delivery startups are in a state of rot; Flipkart Nearby closes shop

India’s e-commerce giant Flipkart is shutting down its hyperlocal grocery delivery app, less than five months after its launch What the hell is up with India’s food delivery sector? First we saw hyperlocal delivery startup Grofers shut operations in nine cities due to poor reception. Following that, restaurant discovery and food delivery startup Zomato called...
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India-based one-minute video news app Nyusu eyes Indonesia, Bangladesh

The founders believe short videos will be the dominant form of news consumption because it offers a far greater immersive experience than text Nyusu, a one-minute video news app launched recently by two seasoned Indian journalists, is looking to expand to overseas*markets, including Indonesia and Bangladesh in Asia, as well as Africa. Nyusu, a product...
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Thursday, February 25, 2016

AppCard raises US$20M Series B to revolutionize customer loyalty

Striking the balance with customer loyalty programs so they achieve more sales without annoying the user is not easy. Refreshingly, AppCard seems to deliver The customer loyalty gurus at AppCard announced on Thursday that they have closed their Series B funding round with US$20 million in new financing. The round was led by Alexander Rittweger...
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Appeal of reward-based crowdfunding — Kickstarter and Indiegogo

The allure of crowdfunding is that it gives you the satisfaction that you provided the financial conditions for artwork to go from conceptualisation all the way to completion Crowdfunding is a rapidly growing modern industry worth US$34 billion in 2015, and reward crowdfunding has US$2.68 billion share in it built on a century old patronage...
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Taiwan’s iChef orders up US$5.6M Series A

iChef, an Echelon alumni, is hoping it can have its POS system in 3,000 stores by the end of the year iChef Information Consulting Inc. (iChef), a Taiwanese restaurant technology company has raised a US$5.6 million Series A round to expand international distribution and build a data platform. Participants in the funding round were AppWorks,...
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Find your niche in the future of the Internet

Free workshops by THE leading content delivery service in the world? Check. Sign up to e27’s TOP100 Singapore and Malaysia Regional Qualifiers today! e27’s TOP100 Regional Qualifier is not just for startups. In a world of borderless technology, we believe in making every event of ours inclusive of anyone interested in entrepreneurship. Working with us...
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