This CEO skipped university to build JIO, an advertising technology that tracks eye m

The 21-year-old CEO of JIO, Benjamin Tang,*skipped university to develop a*startup that analyses human emotions In mid-August this year, Benjamin Tang faced a dilemma; skip the first day of school at Singapore Management University, or attend the K-Startup Grand Challenge 2016 (an accelerator programme funded by the South Korean government). He chose the accelerator. Now,...
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Samsung fails to placate Chinese users after 6th phone ignites

Some are wondering if China is facing a double standard when it comes to the recall programme This is a fiasco if there ever was one. As Samsung’s Note 7 crisis continues to unfurl, Chinese consumers scowl at Samsung’s assurances of safety, with the toll hitting six yesterday. China’s sixth Note 7 phone went off...
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Chinese bike-sharing startups cycle ahead with combined $200 million investment

Chinese bike-shares remain popular even as car ownership grows Bloomberg reports that China’s leading bike-share startups, oFo and Mobike, have raised $100 million apiece from investors for further expansion. The quick success both companies scored shows the continued growth for this market, driven by a variety of factors in the country that makes it unique....
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This Indonesian startup wants to help women drive more safely

With a mission to empower women to ride cars and motorbikes safely, Queenrides claimed that it is on the way to reach break-even point soon Anyone who had been to Jakarta would be able to tell that there is an ongoing road safety issue in the city. And the data speaks for itself. “In the...
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Revealed: Ex-MaGIC CEO Cheryl Yeoh’s new designation

Since leaving MaGIC in December 2015, the public has been anticipating the founding CEO’s next adventure Former MaGIC founding CEO Cheryl Yeoh has been announced as the new director of Flexiroam, a telco company that enables customers to bypass roaming charges around the world. Effective October 1, Yeoh will be holding the new position with...
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The app aims to turn live events in Southeast Asia into cashless affairs; no wristban

It will certainly make buying beer and merchandise at gigs more orderly Two weeks ago, Singapore’s inaugural Ultra festival — a renowned electronic dance music event — was smacked with bad press*because*attendees had to endure*hour-long queues at food-and-drink stalls. This is a persistent problem that plagues most live events; no amount of logistical planning can...
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Japan’s Septeni Holdings acquires KL-based digital marketing agency Lion & Lion

Lion & Lion was acquired for an undisclosed double-digit million amount Leading Japanese digital agency Septeni Holdings is expanding its reach into Southeast Asia through the acquisition of another digital agency, Kuala Lumpur-based Lion & Lion. Lion & Lion is a portfolio company of Nova Founders Capital, a global investment company. The VC firm will...
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Catcha Group’s online classifieds portal is expanding its reach in Africa

It will increase its stake in leading Moroccan automotive portal to 49 per cent Malaysia-based internet group Catcha Group*is growing its investments in the African market. Today, it announced that*its online classifieds portal Frontier Digital Ventures*(FDV)*will increase its shares in leading Moroccan automotive portal moteur.ma*to 49 per cent through call option funding and acquiring vendor...
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5 moves to leverage social proof and convert visitors into buyers

Because 92 per cent of people will trust a recommendation from a peer Imagine this: It’s dinner time — and in front of you, there are two restaurants. Both are very similar to one another, except restaurant A has a long waiting list, while restaurant B is empty. Most people will conclude that restaurant A must be...
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Online payment 101 for startups

Here is a guide to integrating and optimising your business’s e-payment system Unless you have been living under a rock or on a deserted ranch in the Outback, you would have no doubt noticed that online transactions are coming on in a big way. E-commerce sales are expected to hit 10 per cent of all...
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Indian Bitcoin startup Unocoin raises US$1.5M funding

The funds will be used for product development as well as to expand the business and scale the team Bangalore-based bitcoin startup Unocoin has secured US$1.5 million in fresh*investment*from Blume Ventures, Mumbai Angels and ah! Ventures. Digital Currency Group, Bnk to the Future and FundersClub and Boost VC also co-invested in the round. The funds...
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Why women and tech are a rocking combination!

While women make up for almost half of the world’s workforce, the top 5 tech companies (Apple, Google, Microsoft, Facebook and Twitter) have less than 20 per cent women working in tech roles “Strength lies in diversity, not in similarities.” While talk about gender diversity has been ongoing at large, the truth is that the...
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Don’t quit your day job: 9 strategies for starting a new business on the side

Want to start your dream business without risking your current position? Try these helpful tips Question: I have to keep keep my day job while starting my business. What is one piece of advice you have for me? Commit to days and times in advance “Create a schedule in advance of the days and times...
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Parent company of CekAja, eCompareMo raises undisclosed Series B round led by Telstra

C88’s existing investors Monk’s Hill Ventures and Kejora Ventures also took part in the round, with many others participating Southeast Asian fintech company Compare88 (C88) today announced that it has raised an undisclosed Series B round led by Telstra Ventures, with participation of existing investors Monk’s Hill Ventures and Kejora Ventures. Other investors participating in...
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7 tips to create most efficient Minimum Viable Product (MVP) for startup

MVP lets you gauge the end-user reactions to the fundamental functionalities in your product As a startup owner, you must first understand the need to create a minimum viable product (MVP) to ensure that your product caters to the customers’ needs effectively. Most of the bootstrap startups aim for mobile app development as a primary...
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Walmart eyes US$1B stake in Indian e-commerce giant Flipkart

Will Walmart’s investment be enough to keep Amazon India away from the top spot? * India’s largest e-commerce company, Flipkart, is in talks with America’s largest retailer, Walmart, over an investment deal that would see the US giant obtain a stake in the Indian entity for between US$750 million and US$1 billion. This follows a...
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EDBI invests in Shape Security to defend enterprises against sophisticated ‘human-lik

Shape enables large enterprises and government customers to defend against advanced automated bot attacks on their web and mobile*apps Automated threats are responsible for millions in fraud losses per day, targeting web and mobile applications of retailers, banks, airlines, healthcare organisations and government agencies. Existing defenses cannot stop cyber criminals, who use increasingly automated tools...
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How Sharing Economy gives this young leader an adrenaline rush like no other

Jim*Tan, President of the Sharing Economy Association of Singapore, talks about the emerging trends and opportunities in Singapore, and*how nonprofits and communities can participate in the sharing economy It’s no secret that the sharing economy is redefining the way we solve problems, offering us greater simplicity and convenience, while improving processes and efficiency in a...
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5 apps that will help entrepreneurs get through life

Leading an entrepreneurial life is a struggle. Luckily, there are apps available that will make ploughing through each day easier Entrepreneurs — the bonafide ones — are wired differently from the average folk. They are characterised by their doggedness in the face of insurmountable odds; they are willing to, against conventional wisdom, take the path...
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Spectrum 28 closes first US$170M to work closer with founders – no matter where they

Find out the different sectors that the Silicon Valley-based firm plans to invest in When we first heard that Silicon Valley-based venture capital firm Spectrum 28 has closed a US$170 million-worth of inaugural firm, we were curious if there will be a strong Asian focus that local startups can tap into. In a phone interview...
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Google’s former M&A man in Asia just launched a new VC firm

And he wants to help startups figure out an exit strategy from Day 1 The mantra goes; ‘build what you love, fix a problem, create an awesome product and the money will come’. In Southeast Asia, this means the typical strategy for an entrepreneur is to work towards raising the alphabet soup of funding rounds....
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How mobile operators are filling the e-payments gap in emerging markets

Mobile operators are well positioned to take over the role of banks in emerging markets, and have*have*the ability to fill the online payments gap Facebook*announced*support for chatbot payments a few weeks ago. But depending on the market, up to 99 per cent of people will be unable to use the feature. How come? Outside of...
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Few tips to win the startup marathon

One of the major considerations you should have is to avoid spending a lot of time on planning; the*moment you finalise the idea you should go ahead*with it There are plenty of youngsters who are stepping into the startup game, of late. A considerable number of startups have given solutions to the basic human problems...
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Bridging the Gap: Hainan summit presents opportunity for Southeast Asian startups to

The event takes at Clear Water Bay on the island of Hainan and registration closes tomorrow * It is common knowledge in the startup world that the Chinese tech ecosystem is leading the East Asian region and has risen to rival that of Silicon Valley. For many startups in Southeast Asia, the Chinese market is...
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10 tips for participating in your first on-camera interview

A key to a good interview is preparation Question: What is your best tip for a founder who is participating in an on-camera interview for the first time? Be very high energy “Make sure to be very high energy and speak with a lot of intonation, more than you would do in a normal conversation....
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