Wednesday, August 31, 2016

Malaysia’s SmartBite gets funding from Marna Capital, Rhombus Food Holdings, others

The SmartBite model aims to make it convenient for working professionals to get lunch from their favourite restaurants which are selected based on its quality, variety and proximity Malaysia-based food delivery service for working professionals*SmartBite*has received*an undisclosed sum in strategic*investment*from Marna Capital, Rhombus*Food Holdings*and*Noodles Digital, besides a*private angel investor. The SmartBite model aims to make...
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Grab starts collaborating with Taxi companies, onboards 2nd largest taxi operator in

The partnership is Grab’s first with a taxi operator and*will see approximately 7,000 Trans-cab drivers using the Grab mobile app exclusively to serve*on-demand passenger bookings Grab, Southeast Asia-based ride-hailing company, and*Trans-cab, Singapore’s second largest taxi operator, today announced a partnership to bring all*Trans-cab drivers onto the Grab platform. The partnership is Grab’s first with a...
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How to build your personal brand to promote your business

As the face of your business, it’s important to cultivate a strong personal brand, says*Solomon Thimothy,*founder and CEO of*OneIMS*and*Clickx Most entrepreneurs think that the business or product they represent is the most important aspect of their business and that the face of the business is of no importance. This, however, isn’t necessarily true. While it...
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Tencent doubles down on advertising business with AppsFlyer partnership

Chinese tech giant Tencent*is making good on its word to boost its advertising business and offer advertisers more refined targeting tools On Wednesday, Tencent and AppsFlyer, a mobile marketing analytics and attribution platform, jointly announced a strategic partnership that would let app marketers outside of China*access real-time analytics to Tencent Social Ads for the first...
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Carousel acquihires personal safety app Watch Over Me, plans to double product team i

Carousell hired Andrius Baranauskas, former Head of Product at Vinted, to lead the overall product strategy Exactly a*month after Carousell announced*its US$35 million Series B funding, the Singapore-based P2P marketplace revealed*today*that it has*acquihired Watch Over Me’s engineering and product teams. Based in Singapore,*Watch Over Me, which has now shut its doors, was a personal safety...
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Cashback sites are all the rage but not in Thailand; this startup aims to fill the ga

Dealcha! aims to take advantage of Thailand’s fast-growing e-commerce market Like many countries in the region, Thailand has got the serious hots for e-commerce. Recently, the Thai tech ecosystem has seen significant investments in e-commerce solutions; been a test bed for new e-commerce solutions; and in 2015, logged a whopping US$9.8 billion in retail and...
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What do Venture Capitalists want? Getting under the skin of Asia’s most influential V

Find out what it takes for your startup to get funded Currently hovering at around a total of 51 deals totalling US$255 million, Southeast Asian investment activity has halved from its peak in the fourth quarter of 2015. This slowdown in deals is reflective of the attitude of investors. Brexit and the U.S. Presidential elections...
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With Alibaba in the horizon, who among Flipkart and Amazon will be the king of India’

Although Amazon clearly has an edge over Amazon, the Indian e-commerce giant cannot be written off yet, say experts In February this year, it was reported that Chinese e-commerce giant Alibaba*was planning to acquire Flipkart, the largest home-grown e-commerce company in India. However, the talks did not make much headway, as Alibaba — known for...
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Tuesday, August 30, 2016

The battle of social networks in Asia: Who is winning?

Asia’s social network landscape is nothing short of dynamic The world is evolving in the direction of attention economy, and social networks have been top of mind for every investor, entrepreneurs, business executives and consumers. The western hemisphere has been more or less dominated by Facebook and its various apps. In Asia, the landscape is...
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In photos: The hustle and bustle at Indonesia Fintech Festival & Conference 2016

Sights from Indonesian fintech industry mega event, held by the Financial Services Authority (OJK) and the Chamber of Industry and Commerce (KADIN) Hosted at the ICE BSD in a suburban area of South Tangerang, Banten, The Indonesia Fintech Festival & Conference (IFFC 2016) concluded on Tuesday with several new deals and partnership being announced. Apart...
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Tech startup Fang Tian launches real estate mobile app platform in Malaysia

The Fang Tian platform has three mobile apps catering to the different roles that complete the*property transaction process Malaysia-based tech startup Fang Tian*has recently launched a real estate*mobile app platform.*By streamlining real estate marketing resources, Fang Tian aims to support both developers and agents*with efficient data connectivity to uncover additional projects and lead channels for...
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This Aussie startup can make it easier to track HIV worldwide

A spinout from the Burnet Institute in Melbourne has tech that can change the lives of HIV and Hepatitis sufferers, but landed in China for better funding Battling HIV isn’t the most glamorous or rewarding war you could fight. It takes a thick skin and acute determination since there have been few breakthroughs to defeat...
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Creating a smooth transition after a key employee moves on

Don’t wait until a team member gives their notice to begin thinking about the value of their role Kim had been with LogicPrep*from the very beginning when there were just four of us working out of one room. Since joining*in 2011, she*helped us grow from four*to 25 employees, coordinate the move to our current office...
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5 qualities to imbibe from a successful entrepreneur

Although not all successful entrepreneurs have a common background, education or area of interest, they have a lot of common characteristics India being the third most prolific startup environment in the world, our new-age founders are a much talked about lot, with all eyes on them. Today, many known stalwarts from the world of Indian...
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Japan’s GREE Ventures enters India with a participation in Flyrobe’s US$5.3M Series A

Flyrobe*is a fashion rental service that offers users access to premium apparel and accessories at a fraction of the retail price * Flyrobe, a fashion rental platform for women in India,*has raised US$5.3*million*in Series A round of funding, led by IDG Ventures. The round also saw*participation from existing investor Sequoia India*and*Tokyo-based GREE Ventures, its first...
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Notion Press raises US$1M to help writers self-publish books

Authors are mentored by Notion Press’s team of publishing and book marketing experts who assist them in every step of the publishing process Chennai-based self-publishing startup*Notion Press has raised US$1 million in pre-Series A funding from a group of High Net-Worth Individuals (HNIs). The deal will help the startup strengthen the management team and expand...
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EDBI invests in LogRhythm to help enterprises detect and neutralise cyber threats

LogRhythm helps organisations to reduce the time to detect and respond to cyber threats that have penetrated the enterprise perimeter or originated from within Less than a week after injecting money into RetailNext, EDBI — the VC investment arm of Singapore Economic Development Board — has made another equity investment in US-based security intelligence company...
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Check out the new fintech industry partnerships announced during the IFFC 2016

An MOU-signing ceremony witnessed by President Joko Widodo marked the beginning of the second day The Indonesia Fintech Festival & Conference 2016 (IFFC 2016) entered the second and final day of the event, with fintech industry players using the opportunity to launch a new partnership with fellow startups, conventional banks, and even industry associations. Several...
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Japan’s GMO invests in Malaysian mobile tech company MACROKIOSK

MACROKIOSK enables content providers to monetise their digital content across Southeast Asia via a single direct connection to its mobile payment platform Malaysian mobile technology company MACROKIOSK has secured an undisclosed sum in strategic investment from GMO Payment Gateway, a unit of Japanese conglomerate GMO Internet Group, in return for a substantial stake. “Having GMO-PG...
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Fintech platform Marvelstone Tech launches FundEast to help SMEs maximise profit

FundEast will help small and medium-*sized enterprises (SMEs)*facilitate their trade transactions at rates that are more than what current solutions are*offering Marvelstone Tech, a fintech platform under private investment*group Marvelstone Group, has today announced the launching of FundEast, a fintech startup*that does structured trade finance for Asia, this month. The platform claims FundEast will help...
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4 important things to know when scaling a marketplace

In the early stages of your marketplace development, it’s important to know that you’re constantly adapting to the needs of the people and the trend in the market Starting any business is hard and comes with many challenges, but growing is even harder. In building a marketplace, one of the most difficult tasks is to...
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5 Singaporean chatbots you will actually use

We have all heard that chatbots are the future. But who among us really knows where to find the best services. These five are a good start Hate listening to the bank’s frustrating call centre menu every time you dial their hotline? Well, customers*will be pleased to know DBS is in the process of installing...
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Monday, August 29, 2016

Malaysian industry players weigh in on the GrabGas controversy

We reached out to Malaysian startup key players, Curry Khoo, TC Wu and Victor Chua to offer their two cents on the recent GrabGas controversy On Aug 25, a former CTO named Julian Ee blogged about how he got screwed over by a Malaysian startup that delivers cooking gas named GrabGas — which had also...
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This new Singaporean US$30M fund aims to boost SE Asia’s media content and tech

Aurora Media Capital focusses on content creation but aims to grow content distribution platforms and content production technology too Singapore-based media and entertainment management and investment group Aurora Media Holdings*has announced the establishment of Aurora Media Capital, an approximately US$30 million fund that will be used to grow regional media content and technology. Its financing...
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This Kickstarter project lets you talk to your plants

ReSpeaker is a god-send to all botanists Giving people*the ability to control*objects with their voice has*typically been the domain of big tech companies:*Amazon Echo, Google Home, Apple’s Siri. Shenzhen-based hardware company Seeed Studio wants to change that. “You can take a plant and make it something you can talk to,” says Xiaobo Ye, the product...
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