Thursday, February 25, 2016

foodpanda’s loss is Delivery Hero’s gains

foodpanda’s continent-wide exits signal an exciting time for Delivery Hero with a huge and rapid amount of growth in countries, market size and opportunities It’s estimated that 12 per cent of the US$70 billion global food ordering market happen online. According to a report by Cowen and Company, by the year 2020, the online food...
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Psst startups! Want a shot at pitching in Washington? Read this!

Venture fund and incubator 1776 is hosting a challenge cup which will see startups compete to win over US$1 million in prizes 1776 is hosting Challenge Cup Regional Singapore on March 9 at BASH — #03-01, 79 Ayer Rajah Crescent Singapore, Singapore — and you’re invited. The Challenge Cup is a*worldwide tournament for the most...
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Ematic Solutions raises nearly US$1M in Pre-Series A from MDI Ventures

It will use newly-raised capital to expand into Indonesia, increase hiring, and further product development and R&D Singapore-based SaaS email marketing company Ematic Solutions has raised close to US$1 million in a pre-Series A round led by Telkom Indonesia‘s venture arm MDI Ventures. It will use this newly-raised capital to expand into Indonesia with the...
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This ‘wearable’ T-shirt displays the slogans of your choice and you can change them o

India-based Broadcasts Wear allows you to programme a display (pictures, text or slogans) embedded in a regular T-shirt using your smartphone Ayyappa Nagubandi — who calls himself an ‘inventor’ with almost 10 patents to his name — is determined to bring new dimensions to the concept of wearables, one of the hottest technology inventions of...
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Watch out, Snapcart, there is a spicy new competitor in town

Called Paprika, this Medan-based startup creates an app that allows you to get points from a purchase Medan is not exactly the city that comes in mind when people talk about Indonesia’s tech startup scene, but this week*Paprika*announced its entrance to Jakarta after getting considerable traction in the North Sumatra capital city. Paprika itself is...
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This eco-friendly lunchbox startup was expecting only US$25K but raised nearly 50 tim

Prepd Pack brings sustainable design practices*to the lunchbox;*oh yeah, and it just raised US$1.26 million on Kickstarter Bringing your homemade lunches to work can be a healthy and inexpensive alternative to splurging on that steak joint down the street. Unfortunately for many overworked office drones, time is in short supply – preparing food beforehand can...
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Jealous much: These 27 companies scaled while you were sleeping

I heard if you say their company name in front of a mirror*three times, their growth triples each month. Ever heard of the term “stealth mode?” These entrepreneurs may not always choose to be front and center of the media, but they’re secretly working on the next big thing. We’ve uncovered these diamonds in the...
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