Tuesday, May 31, 2016

To combat growing financing pains, Singapore’s SPRING launches US$1.45B SME loan prog

According to the Singapore Business Federation, three out of five SMEs in Singapore are seeking expansion SPRING, the*Singaporean government agency responsible for helping enterprises grow, announced today it has launched a S$2 billion (US$1.45 billion) loan programme to support small and medium-sized enterprises (SMEs) over the next three years. Named the SME Working Capital Loan...
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How to hold remote meetings that don’t suck

The solution to holding the most productive remote meetings you can is easier than you think; it all comes down to having the right mindset You’ve just finished a killer presentation; probably the best use of powerpoint the world has ever seen. Very classy, no stock 2-tone backgrounds. The bee’s knees. Top of the line....
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How your company benefits from giving back

Practicing social responsibility isn’t just effective in marketing. It’s a great way to attract millennials too Corporate social responsibility is more than a company’s marketing strategy — it’s quickly becoming a way to retain millennial employees as well. Despite having a reputation for being arrogant and lazy, millennials are in actuality highly philanthropic. Younger workers...
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Pivoting is about finding the sweet spot: Perx’s Anna Gong

The CEO of the Singapore-based CRM*platform shares her stories building startups and the lessons learnt along the way The tech world is a roaring unpredictable rapid that flows without a moment’s pause; a startup can project healthy growth in one month, yet go bust in the next. Sometimes startup Founders constantly have to be on...
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5 things a startup CEO should do for talent acquisition

Talent acquisition is about as crucial as raising funds for a startup’s sustainability A startup goes through multiple stages, and once beyond product-market fit, the startup CEO has two important roles, in my experience: To ensure there is enough money for the company to survive and flourish To focus on talent acquisition and development There...
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Chinese delivery companies are selling ‘empty’ packages to boost e-commerce sales

The practice is reported to have been occurring since at least 2013 As if Alibaba’s counterfeit woes weren’t enough, the Chinese tech giant’s e-commerce platforms ****** and Tmall were hit with more bad news on Monday. An investigative report by*The Beijing News*(link in Chinese), a Chinese media company, was published yesterday, revealing China’s*illegal market of*“empty...
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Sowing the seed of entrepreneurship: Jungle Ventures teams up with leading VCs to lau

SeedPlus targets promising startups and graduates from successful accelerator programmes across Southeast Asia Singapore-based early-stage VC fund Jungle Ventures has teamed up with Infocomm Investments, Accel Partners India and Ratan Tata’s RNT Associates to create a seed-stage VC fund. Christened SeedPlus, the new fund also has Google Southeast Asia and PwC Singapore as strategic partners...
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Under-the-radar data analytics company Lynx Analytics announces one of Singapore’s la

The company admits to turning down previous acquisition and investment offers, but has decided the current investment will help global expansion plans If one were to visit the e27 office, after exiting the elevator and taking a right they would find themselves passing the Carousell office, a VC firm and, if they went too far,...
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3 Echelon stages perfect for epic mic drops this 2016

Awesome Echelon stages for an awesome community.*Keep a lookout for not one, not two, but three of these epic*stages! After last year’s success at Echelon Asia Summit 2015, we thought long and hard about focusing this year’s Echelon on our vision to*empower our fellow startups and investors in the ecosystem. Bringing passion into everything we...
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Saving paradise: How this Uber-for-waste-disposal startup plans to clean up Bali

Gringgo founders first met during the Startup Weekend Bali event in November 2014 As tourism in the Indonesian island province of Bali develops, its*waste disposal problem intensifies – not just*in residential areas, but in*tourism hotspots too. “What happens in those areas is that as land becomes valuable, everyone is building restaurants, hotels, and whatever. And...
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India’s Mypoolin is bringin’ the chatbot to P2P payments

The company empowers user to pay one another, through mobile wallets, by using a chatbot It is not an uncommon, or unreasonable, opinion in the tech sphere to believe messaging services (and their chatbot siblings) will replace the app economy in the not-so-distant future. The logic goes: to replace app overload, why don’t we centralise...
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Transforming office spaces for productivity and collaboration

Changes in office spaces can impact employee attitude significantly, helping improve communication and collaboration and even increasing employee satisfaction The most significant factor that has changed the face of the traditional office space over the years has been cost control. In past years, the trend had*been to seat as many employees in the office as...
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Here is how SoGal Ventures’ Pocket Sun is steadily changing the landscape for women e

The Forbes 30 under 30 recipient expounds on her passion in empowering women entrepreneurs and what the future holds for women in tech Women representation – or the lack thereof, in tech has always been a thorny issue; thankfully, there has been an emergence in women-led platforms such as Glassbreakers and Plum Alley that aim...
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Monday, May 30, 2016

Nuptial discord in corporate boardroom: Mu Sigma Founder parts ways with CEO-wife

The Big Data firm*was last month sued by an early investor for cheating him of hundreds of millions of dollars by downplaying its own growth prospects in a ruse to buy back his VC firm’s early stake Just weeks after Mu Sigma was sued by an early investor for cheating him of hundreds of millions...
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Ten years later, Southeast Asia could see Shopee’s domination in C2C marketplace

Even as the C2C marketplace gets more obscure and unclear, there should be at least one player that leads the market “In such a highly connected and competitive landscape today, we believe that innovation is key for companies to stay ahead of the game,” says Shopee CEO Chris Feng. As the buyout of Lazada by...
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Go more viral than the flu: 5 social media strategies for your startup

Are you in design or food? Best focus on Instagram. What about data analytics? Maybe Twitter or LinkedIn are the best outlets * Anyone trying to get a startup going and growing knows having a strong social media presence is crucial. Yet it seems some businesses get great results from their social media efforts while...
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Fellowship of the seed: 7 dtac accelerate startups receive over US$1.9M of combined f

Seven out of 11 dtac accelerate startups have landed investment, which equals to a success rate of 70 per cent dtac accelerator today announced that seven out of its 11 startups have finally received a combined seed funding of over THB70 million (US$1.9 million) from local and international VC firms, led by 500 TukTuks, Golden...
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7 unique job interview questions to ask your next candidate

Their answers will tell you far more about them beyond their skill set I have learned over the years here at Red Branch Media that there is an art to the interview process. It is an intricate melange of interpersonal communication, company culture, informative questions (and answers), and a touch of the hiring manager’s personality....
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How JINGO! began: Man meets dog, man creates startup.

With JINGO!, Michael Martin aims to help dog owners enhance their best friend’s health and well-being with a monthly subscription box full of premium, healthy and delightful goodies. The origin story of*JINGO & Friends shortly begins*after Michael Martin and his wife, Christina, adopted Wonka, their new pup, from the Singapore SPCA.* When the couple brought...
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La La Logistics: Hong Kong’s Lalamove raises US$10 million, eyes expansion

The deal brings the company’s total funding to US$30 million in an industry full of regional and local competition Lalamove, a Hong Kong-based logistics company formerly known as EasyVan, announced today it has raised a US$10 million round of funding led by MindWorks Ventures, a previous investor based in Hong Kong and London. All but...
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How rumors of Didi’s “IPO” got bigger, then burst

The rumour began when a “leaked” document appeared in Chinese tech news site iyiou.com China’s largest ride-hailing company, Didi Chuxing, found itself in the midst of a media storm. Over the past few days, Chinese media have been chasing a rumour that Didi were planning an IPO. On Sunday, a document appeared on iyiou.com, a...
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As Japan seeks more foreign students, ST Booking has raised US$200K to facilitate the

ST Booking has a deep network in*Taiwan, Thailand and Vietnam and will use the funding to make it even stronger In 2008,*the Japanese government launched*a ‘300,000 foreign students’ plan in an effort to more than double the amount of exchange students in the country (from*140,000) by the year 2020. Eight years later, a Tokyo and...
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Regional house of representatives calls for Jakarta Governor to discontinue Qlue on n

The obligation for neighbourhood heads to file and follow up reports on the platform is considered ‘burdensome’ A group of neighbourhood heads (RT/RW heads) recently spoke to the Regional House of Representatives (DPRD DKI) to call for the discontinuation of the*Qlue platform to file financial reports to the government, and to follow up on reports...
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What are the four Cs to driving successful innovation? Innovation Labs Asia’s MD Scot

The digital innovation evangelist Scott Bales expounds on disruption, and the key to creating long lasting innovative products Disruption and innovation are more than just buzzwords in the tech world; they are the fuel that will power the engine of the modern economy. In only a few years, the digital tsunami has laid waste to...
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A spoiled brat in childhood, this young man from India is a serial inventor now

Juhaim Ibnu Abdul Jabbar’s startup Reckone Innovations has developed a connected motorcycle system called ridelogic that can communicate with the rider For this young entrepreneur, each and every invention is a way of protest against the establishment, system, government and even nature. Unlike many other entrepreneurs of his age, he is a ‘biomimic’ — which...
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