Uber China to merge with Didi in US$35B deal: Bloomberg

This merger will mark the end of a protracted competition between the two ride-hailing giants in China Two Chinese riding hailing giants, Uber China and Didi, are set to merge in a deal valued at US$35 billion, according to sources at Bloomberg. Investors in Uber’s China chapter will stand to receive a 20 per cent...
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Memoirs of an e27 Intern – how I rocked it, and 3 tips to growth-hack your internship

Stop worrying and start hustling 5000 cold emails, 100 calls and over S$50,000 (US$37,313) in revenue generated. 3 intensive months, 3 key takeaways and so many beautiful memories. My e27 journey can be summed up in one word: amazing. For the past 3 months, I have been incredibly privileged to have been a part of...
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NTUC Income launches equity-free accelerator programme partnering Infocomm Investment

Programme will focus on improving the accessibility of insurance and customer experience, including*catering to the unserved and underserved in Singapore NTUC Income (Income), a Singapore-based insurance services provider, has recently announced its partnership with*Infocomm Investments Private Limited (IIPL), a wholly-owned subsidiary of*the Infocomm Development Authority (IDA) of Singapore, to launch the third edition of ‘Future...
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5 hot Sri Lanka startups from July

The month of unrelenting heat and sun is behind us, so who were the hottest startups from July in Sri Lanka? Cabinet with the Information and Communication Technology Agency (ICTA) and the Central Bank leading the initiative. Hopefully, this will facilitate digital commerce among government bodies and maybe make it easier to make payments online...
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How a funding news turns sour for this Indonesian startup

On Thursday, Baca was reported to secure at least US$20 million from Bertelsmann Asia Investment (BAI), Crystal Stream, and CC Zhuang Indonesian news aggregator app Baca announced on Thursday that it has secured at least US$20 million of Series B from Bertelsmann Asia Investment (BAI), Crystal Stream, and CC Zhuang. The startup’s parent company —Hong...
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Didi Chuxing, Uber are now legal in China

However, the legalisation comes with some draw backs for the companies For those living in China, using ride-hailing apps Didi Chuxing and Uber has become a part of daily life. Which is why it might surprise some to hear they were illegal until a few days ago. The services finally left the legal grey zone...
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UNFRAMED unveils 6 new Singaporean startups targetting eldercare

The social impact incubator has completed its second five-month incubation programme and aims to tackle need for innovation in the eldercare space Singapore is about to get hit hard by a silver tsunami. By 2030, the local elderly population is expected to soar to 900,000, so it is no exaggeration to say that innovation in...
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This smartmeter alerts you when there’s a water leakage in your apartment and enables

WaterOn is an IoT-based water meter that empowers users to monitor, control and optimise their water consumption in real time As neighbours in an apartment complex, Vivek Shukla and Kasturi Rangan experienced the pain of inaccurate water billing and lack of metering, which often ended up in them paying for water they did not consume....
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Biggest threat to OTT industry is not Netflix, but another video giant

There has long been a sleeping giant in the OTT industry, and it might finally be waking up Thanks to the growth of companies like iflix, Viu and HOOQ (and competition from Netflix) the Over-The-Top (OTT) video streaming industry in Southeast Asia has become competitive and dynamic — qualities leaders in the industry*have welcomed. A...
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This startup aims to introduce self-service car rental to the Indonesian market

Inspired by ZipCar in the US, HipCar is targetting university students in Jakarta as its market Despite challenges, car-sharing continues to become a hot business in Indonesia, with companies such as Grab even claiming the country as its biggest market. But Jakarta-based HipCar decides to speed on a different lane by introducing a fully digital...
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Kris Gopalakrishnan backs GoCoop.com to uplift the artisan and weaving community in r

GoCoop is an online marketplace for co-operatives and community-based weavers and artisans to connect with domestic and international*buyers Bangalore-bases social venture GoCoop Solutions and Services, which*provides an online marketplace*for co-operatives and community-based weavers and artisans, has closed an undisclosed sum in Series A funding from leading investors, including Infosys Co-founder Kris Gopalakrishnan and Saha Fund,...
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5 must-have tools for startup sales team

Want your sales team to be more productive, close deals faster and be on top of everything? Check out these tools to make daily tasks*easier With each passing day, the world is getting more and more automation-dependent. People now want everything at their fingertips and are increasingly becoming hesitant to leave the cozy comforts of...
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Setting up a Hong Kong company: a newbie’s guide

The five steps that you need to take in order to set up a business in Asia’s World City With Hong Kong’s coveted geographic location –-neighbours with China and a short-distance flight from key Asian markets-– it’s undoubtedly a desired metropolitan for many to set up shop. However, as with most things requiring governmental approval,...
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How to build the right social influencer mobile marketing campaign

Working with social media influencers has quickly gained ground as a marketing strategy. Find out how you can achieve company goals with them Working with social media influencers has quickly gained ground as a marketing strategy. Influencer marketing is often run as pure-play brand activities, but what many marketers do not realise is that they...
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The key to running a business as a new parent

Having a child is one of life’s great events, but boy does it make entrepreneurship extra challenging Whenever a person transitions to running their own business, they have to adjust their concept of work/life balance. In return for equity and the possibility of financial freedom, you’ve got more responsibility and much longer hours. This means...
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Go-Med and dependency on on-demand services

The presence of Go-Auto and Go-Med, assuming if the latter turns out to be true, will push businesses to be more pro-active in pursuing existing opportunities About two days ago, a popular Twitter handle that discusses startups Startupwati “leaked” a document about Go-Jek’s partnership with Apotik Antar to develop the Go-Med feature in the Go-Jek...
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3 reasons why you should launch your mobile app & game in China now

Is China the best country to launch your mobile app and game now? Find out more We all heard China is a super hot mobile gaming market, but just how hot exactly it is?*Is it really worth investing your*time and effort to publish your*game there? Here are the top 3 reasons why you should publish...
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Paying online without a credit card? Japanese startup Paidy just raises US$15M to pus

These are the two main motivations behind creating a cardless payments app in Japan Japanese startup Paidy, ExCo’s online payment service, announced a US$15 million Series B funding round led by SBI Holdings*and*Eight Roads Ventures Japan on Thursday. Other*investors*include Itochu and two returning funders: SIG Asia and Arbor Ventures. Like every country, Japan‘s e-commerce landscape...
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Aladdin Group announces plans for first premium quality products and halal e-marketpl

Aladdin Street Singapore*is poised to*be the world’s first premium quality products and halal*e-marketplace, to be launched in the fourth quarter of 2016 Aladdin Street Singapore, a*member of the Aladdin Group, has recently announced that it will be the world’s first premium quality products and halal*e-marketplace to be launched in the fourth quarter of 2016. The*e-marketplace...
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Make your commute great again: Singapore now has a 24/7 ‘Trump TV’ channel

The question is if*Trump has big enough hands to watch the station on an iPhone 6+ The toupée, the demagogue, the next leader of the free world. No matter the preferred nickname — or the result of the US elections in November — 2016 will go down in American history as the ‘year of Trump’....
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India’s GHV Accelerator partners with Japanese VCs to launch US$52M startup fund

The fund will look to invest in 10-15 startups in the health-tech, fintech, Internet of Things, consumer-tech and agri-tech sectors Gurgaon-based GHV Accelerator has joined hands with Japanese VC firms*World Innovation Labs (WiL)*and MT Partners*to launch a INR 350 crore (US$52.2 million) fund for Indian startups. The fund*will look to invest in 10-15 startups operating...
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Myopic Singaporeans rejoice, this startup wants to deliver eyecare at your doorstep

SeeChic wants to capitalise on Singapore’s growing myopia problem Singapore is ranked high in many areas: cleanliness, low crime rates, a world class airport, etcetera. But, if there is one record we would love to wipe off our achievements list, it is our population’s soaring myopia levels (‘shortsighted’ in laymen’s terms). Globally, Singapore holds the...
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Grab opens two new satellite support centres, announces new driver initiative

New initiatives are part of Grab’s ongoing commitment to serving its drivers Grab, Southeast Asia’s ride-hailing company, has recently*announced the opening of two new satellite GrabTaxi Driver Support Centres, as part of the*company’s continued commitment to serving its drivers. In addition, Grab is also*introducing a special bonus scheme and a premium hotline dedicated to high-performing*drivers....
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4 smart tools for better team communication and collaboration

Definitely an essential need for teams that are working remotely Team communication is a real issue, especially if you are dealing with a virtual team. It gets hard to manage and to keep a virtually distributed and geographically dispersed team on a single page all the times. The right tools and resources can prove to...
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Penang tech mafia Curry Khoo on growing a startup community in Penang and launching S

The Malaysian tech community builder shares his thoughts on his upcoming tech event and why Penang is the next best thing for startups Curry Khoo is one of the most well-known figures in the Malaysian startup community. The man started his journey in entrepreneurship in 2000 before founding TE4P, a company that hosts various tech-centric...
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