EdTech startups to pitch live and attract 50+ funding sharks at the live Edupreneur Village Challenge: The Final Battle

Getting an investor to back a venture is among the foremost issues faced by most startups in India. To make the journey easier for EdTech startups seeking equity funding and support, Delhi-based Edupreneur Village (EV), early stage Venture Capital fund, backed by Sri Aurobindo Society (SAS), launched Edupreneur Village Challenge in 2018. Now, crores of VC funding await to transform…

9 Singapore companies make it to Forbes Asia’s Best Over A Billion list

Nine companies from Singapore have made it to Forbes Asia's inaugural Best Over A Billion list, which spotlights 200 top-performing listed companies across Asia-Pacific with revenues of US$1 billion (S$1.39 billion) or more. They are the Republic's Big Three banks - DBS Bank, OCBC Bank and United Overseas Bank - Wilmar International, CapitaLand, City Developments, Olam International, ASM Pacific Technology…

Singapore healthtech startups attract US$105m in 2018

HEALTHTECH startups in Singapore attracted US$105 million across 21 deals in 2018, according to a report published by healthtech researcher Galen Growth Asia in collaboration with Singapore's Economic Development Board. Singapore's deal value made up 24 per cent of total deal value in Asia excluding China and India. China took home the crown for having attracted the most funding, amounting…

How one Singaporean entrepreneur is impacting the global craft spirits market

F&B veteran Michel Lu turns his hand to distilling boutique Asian flavours under The Orientalist Spirits brand, and also aims to champion other independent distilleries in the region. Turning 50 this year has offered veteran F&B entrepreneur Michel Lu time for introspection. “A brand done properly can last a lifetime, and even outlive you,” he muses, as he shares his…

Singapore-based HR tech startup StaffAny raises $722k in seed funding

StaffAny, a Singapore-based startup which offers a workforce management solution for companies with hourly workers, said it has raised S$1 million (about US$722,000) in a seed round led by Japanese marketing tech company FreakOut Holdings and angel investors. The startup’s angel investors include HR tech entrepreneur Kenji Niwa, as well as the founders of live-chat software firm Zopim; Lim Qing…

How Singapore’s second billion-dollar startup is revolutionising retail

Trax offers real-time product tracking services and counts Coca-Cola and Nestle amongst its clients. With retailers facing the risk of up to US$1t in losses due to out-of-stock products, according to a study by IHL Group, retailers are in an ever challenging position to ensure that the products lining their shelves are stacked and positioned with pristine accuracy. Against a…

Investment in water infra will spur growth: analysts

Prime Minister Narendra Modi’s announcement on the 73rd Independence Day on providing water connections to every household in the country at an estimated capital expenditure of over ₹3 lakh crore is expected to create huge business opportunities for corporates, said analysts. They said the move would provide employment to millions of people and may kick-start the investment cycle. “These are…

From Sleepless in Singapore to $70 Million for Budget Hotels

Amit Saberwal went through many a sleepless night when he first began pitching the idea that became Southeast Asia’s top online budget-hotels service, RedDoorz. Few financiers paid attention back then to a middle-aged former hotel sales executive. His vision of quality $20-a-night rooms seemed impractical for a largely neglected market. And rival outfits run by younger founders, like Rocket Internet-backed…

The startups turning their backs on hubs

Growing up in Coimbatore, Bengaluru seemed like a dream city to Dhruv Suyamprakasam, the place where every other person was an entrepreneur and the best jobs were. So, after college, he moved to India’s Silicon Valley with dreams of setting up his own healthcare startup. However, after almost 16 months, he realized that Bengaluru was not ideal for the healthcare…

Brick & Mortar Ventures launches $97 million construction tech venture fund

Construction technology is a growing sector, which is why Brick & Mortar Ventures has raised a $97 million fund to invest in both hardware and software for construction-related industries. The San Francisco venture fund was founded by construction tech investment veteran Darren Bechtel and is backed by high-profile corporate funding sources. The fund targets emerging companies developing innovative software and…

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