Wander’s Krystal Choo is the hardy entrepreneur Singapore needs

Singles travel app Wander recently raised US$500,000 in seed funding, and saw*25,000 matches in the first month This time last year, Wander Founder Krystal Choo lost the CTO of her previous bootstrapped two-year-old startup which then crashed and burned, went through a relationship breakup, needed medical care*for a 3.7 cm*ovarian*cyst, and lost a friend to...

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Indian cloud startup Aryaka raises US$16M led by Nexus

Nexus leads US$16 million fresh funding round in Bangalore-based enterprise cloud networking solutions company Aryaka Trinity Ventures, InterWest Partners, Mohr Davidow Ventures and Presidio Ventures also co-invested Latest round brings the company’s total funding to date to around US$70 million * Bangalore-based cloud-based networking solutions company Aryaka*Network has nabbed US$16 million in fresh funding, led...

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Snapdeal forays into financial services; acquires RupeePower

Indian online marketplace Snapdeal has acquired*majority stake in digital financial products distribution platform*RupeePower With this, the e-commerce player to launch a marketplace for financial services It aims to enable US$1 billion consumer loans disbursal over the next two*years Indian online marketplace*Snapdeal*has* announced its foray into financial services with the acquisition of a majority stake in...

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Kickstart Ventures tops up its war chest with US$50M

This growth fund targets startups in expansion mode anywhere in the world with clear regional and global prospects Philippines-based Globe Telecom has announced earmarking an additional US$50M for its venture capital arm*Kickstart Ventures. According to a statement released by the company, this money, known as Fund 2, will be used by Kickstart Ventures to “drive...

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AppsDaily nabs US$16M Series C led by Zodius

Indian mobile app development and distribution company AppsDaily gets US$16 million Series C from Zodius, ru-Net, Kalaari and Qualcomm Capital will be used to launch new products, and expand team and retail distribution network Individual investors who put money through Mumbai Angels have partially exited Indian mobile app development and distribution company AppsDaily Solutions has...

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Singapore’s Red Dot Ventures will IPO on 23 April

Singapore seed-stage VC firm Red Dot Ventures (RDV) has just announced that they will IPO on 23 April, 2015. This bold and unexpected move comes three years after RDV’s inception But it’s April Fool’s Day and you assumed that IPO meant Initial Public Offering. The NRF TIS incubator will not be exiting but instead opens...

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Happy 30th birthday to .COM: An Infographic

According to an infographic from Internet stewards, Verisign, there are now 116 million ‘.com’ addresses now as opposed to just six at the end of its yea of inception, 1985 Exactly three decades ago, in March of 1985, a small American computer manufacturer called Symbolics Inc was the first to do something that would eventually...

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Understanding Millennials in the startup workplace: Invest ASEAN 2015

Millennials are broadly defined as individuals born between the years 1980 and 2000.*A tech startup panel at Invest ASEAN 2015*discussed what this generation is looking for in the workplace Day one of the Invest ASEAN 2015 conference hosted by Maybank kicked off in Singapore today, with one of the panels focused on Millennials in the...

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Meet mompreneur, Debadutta Upadhyaya, creator of Timesaverz

Being a mother to an infant, a quality professional and a perfect homemaker without any support system was unimaginable, explains Deb “There was never any question in my life as to what will I choose, my son or my work. They were both important for my existence,” said the mother of a 10-year old child...

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E-Payments company Tyro opens Australia’s first FinTech hub in Sydney

Tyro also intends to*offer banking experience and expertise to certain startups who will benefit from co-developing with the company Australian*electronic funds transfer at point of sale (EFTPOS) provider Tyro Payments announced today that it has opened the country’s first*first hub for financial technology startups in Sydney. According to Tyro, the Tyro FinTech Hub will offer*co-working...

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How to launch your MVP faster and smarter

What does it take to get your*minimum viable product out in the market as soon as possible? Through the course of my work at New York Startup Lab, I’ve had the privilege of interacting on a regular basis with early-stage entrepreneurs who are looking to get their projects off the ground with a little help...

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Tripda India is growing twice as fast as Tripda global: Nitish Bhushan

India is already one of Tripda’s top three markets globally and is leading its Asia journey, shares the*Tripda*Asia Manager * Unlike Europe, the US or even Latin America, car pooling in India is still in its infancy. Although ride sharing has been happening in the unorganised sector for many years now, there has not been...

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Hosting an investor-centric conference in Tokyo: VentureCon

How can the Asian investment community*benefit from VentureCon, an investor-centric conference hosted in Tokyo? Hiroshi Shimazu of Tokyo VC Global Brain weighs in While Silicon Valley-based investors can stroll down Palo Alto’s University avenue to chat*with other VCs daily, some investment communities in Asia may have a tougher time meeting in-person. The value of connecting...

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India’s TripHobo raises US$3M Series B from Mayfield, Kalaari

Pune-based online trip planner TripHobo gets US$3 million in Series B funding from Mayfield Fund and Kalaari Capital Funding will primarily go into R&D, hiring, scaling content and technology integration Startup earlier raised US$3.5 million from Kalaari TripHobo, a trip planning portal in India, has secured US$3 million in its Series B round of funding,...

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Indonesia is ripe for investor picking! Here’s what you need to know

It has become a fertile ground for investors wanting to get a taste of an economy that will exceed the size of Germany and UK within two decades “I met some astonishing entrepreneurs in Indonesia with really interesting technologies focussed on solving problems that are very unique to the country,” said Bill Reichert, Managing Director,...

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Alibaba’s Aliyun announces Founder+, a support program for startups

Aliyun plans to grant US$4,800 to $64,000 in cloud-based training and resources as well as offer free working spaces to*selected startups Alibaba’s cloud service Aliyun announced on Monday that the firm will be launching Founder+, a new program targeting Chinese startups, according to Sina. The initiative was conceived by Aliyun, in collaboration with 30 venture...

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Li Ka-Shing Foundation’s Solina Chau is one shrewd investor

According to The Wall Street Journal,*Chau secured deals totaling*US$70 million in 2014 as head of Horizon Ventures The name Li Ka-shing invokes a certain awe and reverence; with a*net worth of US$33.4 billion, the 86-year-old chairman of Hong Kong conglomerates Cheung Kong Holdings Ltd and*Hutchison Whampoa Ltd is considered Asia’s richest person according to Forbes.*Horizon...

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Smipter inks deals with Thailand’s Page365, 100 Tabao merchants

Smipter is in the process of relocating from Bangkok to Singapore, and projects to hit over US$1.3 million in revenues by the end of March 2016 After forecasting growing competition from the likes of*GrabTaxi, Lalamove (Easy Van), Skootar and UberRush, Thai entrepreneur Koben Lee decided to part ways*with his previous startup team at JFDI-funded RushBike,...

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How to start up in biotech

Here are five crucial factors to consider before launching a new biotech startup in order to succeed in this fast-paced, highly competitive market Few industries are as challenging or as exciting as biotech. Constant innovation and strict regulation means that you have to be at the top of your game in order to succeed. So...

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Mobile marketplace Duriana secures US$2.5M led by Beenos

Japanese Internet giant Beenos Asia leads US$2.5 million Series A funding in Malaysian mobile-first marketplace Duriana Fresh round brings the total funding raised to date to approximately US$3.5 million. Funding to*be used for product enhancement, integration of additional payment and logistics options, and also to scale market presence Malaysia-based mobile marketplace Duriana has secured US$2.5...

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Singapore venture builder Hatcher announces US$100M venture fund

The fund will focus primarily on later-stage fin-tech*and IT investments seeded by Hatcher Singapore-based venture builder platform*Hatcher has announced the*launch of the Hatcher Fund, an early-stage venture fund with a target size of US$100 million. The Hatcher Fund will be advised by Hatcher and operated by Gateway Investment Management Services, a fund management firm based...

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Israel’s Emu is one app to be integrated into Facebook Messenger

At Facebook’s F8 developers’ conference, the company announced 40 app developers that will be integrated with Messenger. Emu, a two-week old app, is one of the lucky few At Facebook’s F8 developers’ conference last Wednesday, the company made a dramatic*announcement. Facebook is transforming its Messenger app into a platform, enabling “developers to easily build apps...

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Livspace acquires design community marketplace DezignUp

The acquisition comes three months after Livspace nabbed US$4.6 million in Series A funding Livspace, an India-based online marketplace for personalised home interior design and décor, has acquired DezignUp, an online community and marketplace for consumers and design professionals. With the acquisition, Livspace will be able to offer more choice to homeowners, who can discover...

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Echelon TOP100: PawnHero and FlipTrip win at Philippines Qualifier

Online pawnshop PawnHero was the Judges’ Choice, while online travel platform*FlipTrip walked away as the Peoples’ Choice at the Philippines Qualifier of Echelon’s TOP100 Startups Our search for Echelon Asia Summit’s Top 100 startups continued in Manila, Philippines on March 24 at A SPACE. With a laid back vibe, attendees sat on beanbags for the...

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ScholarDeck is streamlining Malaysia’s scholarship space

The team of four Co-founders, with an average age of 21, have been incubated at the Living Lab Accelerator programme in Cyberjaya since*February Malaysia has a problem. It’s difficult for students in the country to find scholarships at home and the broader region via a super simple interface. The Malaysian government has its own*platform launched...

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