Wednesday, March 1, 2017

How I burned 10 million dollars so you won’t have to

An education in humility, humanity, and leadership In startups, we talk a lot about the value of moving quickly. But sometimes, speed is dangerous and not the appropriate answer. We learned that lesson the hard way in the last 12 months. We’ve changed up our playbook significantly. My hope in sharing our lessons openly is […]
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India’s credit scores startup CreditMantri raises US$7.6M led by Quona Capital

On the CreditMantri platform, customers can*also learn how to*improve their credit health, resolve past issues, and in the process discover products best matched to their credit profile CreditMantri, an online platform to help borrowers access their*credit scores and improve their credit health, has secured US$7.6 million in Series B funding, led by US-based fintech-focussed VC […]
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Jakarta govt launches subsidised coworking space, encouraging “products first” attitu

Apart from providing a space to work, the Jakarta Creative Hub will also facilitate trainings, workshops, and conference The Jakarta city administration through its cooperatives, trade, and small businesses agency today launched a new coworking space to support the city’s growing batch of “young, creative business.” The Jakarta Creative Hub is located at Gedung Graha […]
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AI and data will be the future of the M&A banking industry (Why I decided to merge wi

Consolidating forces will strengthen our value proposition in helping entrepreneurs, investors, and M&A advisors connect to the right opportunities in Asia In 2015, I left my job as an M&A banker all fired up and determined to transform the M&A industry. Having been in the industry for five*years, I was appalled at how manual and […]
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Thailand’s Box24 is going beyond laundry and tackling the logistics hardware industry

In a sea of last mile logistics startups, Thailand’s Box24 aims to stand out by deploying its locker infrastructure for other services When e27 first covered Thailand startup Box24 last year, it was in the context of their laundry delivery service WashBox24, which had just set up shop in the Singapore market. Through a patented […]
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Malaysia’s Cradle Fund is shifting towards equity funding, launches new service to he

Cradle Fund is moving away from grants; ‘Direct Equity 800’ will invest around US$70,000 to US$180,000 in early-stage startups Cradle Fund Sdn Bhd, an agency under Malaysia’s Ministry of Finance, announced this week the launch of an investment product called Direct Equity 800 (DEQ800) that is built to help startups receive cash injections of between […]
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Morgan Stanley slashes Flipkart valuation once again

At least five mutual fund investors have marked down Flipkart’s valuation over the past year, including Fidelity Investments A mutual fund managed my Morgan Stanley has once again slashed the valuation of India’s e-commerce leader Flipkart by 3 per cent. According to filings with the US Securities and Exchange Commission (SEC), Morgan Stanley*trimmed the value […]
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