techinasia.com Archives - 30 August 2015, Sunday

  • All you need to know about the Singapore startup scene

    techinasia.com 28 Aug '15, 12am

    After the first edition one year ago of the Singapore Startup Ecosystem & Entrepreneur Toolbox with more than 25,000+ views, I have the pleasure to share the second edition: Singapore startup ecosystem and entrepreneur toolbox – Aug 2015 from Arnaud Bonzom Some of the findings include...

  • MyRepublic promises 1 year of free, unlimited mobile data

    MyRepublic promises 1 year of free mobile data

    techinasia.com 27 Aug '15, 4am

    L-R: MyRepublic CEO Malcolm Rodriguez MyRepublic , an upstart broadband provider in Singapore, has upped the stakes in its bid to become the country’s fourth telco after Singtel, StarHub, and M1. It promised that, if it succeeds, it will offer its broadband customers 12 months of free...

  • The Hub Singapore is launching an investment fund

    techinasia.com 25 Aug '15, 12pm

    Mention “coworking space” in Singapore, and a few names crop up. One of them is The Hub Singapore . Launched in 2012, this familiar player has established itself as a face of the burgeoning startup, social enterprise, and innovation scene in the country. It clearly wants to be more th...

  • Blockchain tech can eradicate corruption in Asia

    techinasia.com 20 Aug '15, 2pm

    Still with me? Because of this, the bitcoin blockchain contains a verifiable record of every transaction ever made. The key thing to remember is that blockchain tech decentralizes everything. There is no master data center where you’ll find the blockchain’s brain or stacks of overheat...

  • This new app wants to be an all-access pass for fitness in Singapore and beyond

    Passport wants to be the all-access pass for gyms and fitness

    techinasia.com 20 Aug '15, 6am

    I would love to sit here and complain that the reasons for not making it to the gym as often as I should are just the lack of gyms near me and expensive subscriptions. But if I’m honest, motivation (a.k.a. “get that butt off the couch”) is a far bigger problem for me. So it’s a good t...

  • Singapore’s RedMart raises $26.7M to prepare for regional expansion

    Singapore's RedMart raises $26.7M for regional expansion

    techinasia.com 20 Aug '15, 2am

    RedMart , a Singapore-based online groceries marketplace, this morning announced it has raised US$26.7 million in a bridge round of funding. This will lead to a series C round later in the year that will fund international expansion and product development. Existing investors Garena, ...

  • Alibaba’s new data center in Singapore is next step in Southeast Asia push

    Alibaba's new data center in Singapore is next step in Southeast Asia push

    techinasia.com 19 Aug '15, 2am

    Alibaba, China’s ecommerce titan, seems to really like Singapore. Just over a month after Alibaba made a follow-up investment in SingPost (the two injections total US$456 million), the company today announced a major new cloud data center and a “headquarters of international business”...

  • Philippine telco PLDT acquires Singapore’s Paywhere for $5M

    Philippine telco PLDT acquires Singapore’s Paywhere for $5M

    techinasia.com 18 Aug '15, 10am

    Philippine telecommunications firm PLDT, through unit Voyager Innovations, bought Singapore-based ecommerce startup Paywhere for US$5 million, the company announced today. The deal is expected to close within the third quarter, subject to the fulfilment of certain conditions. It is in...

  • Singapore’s Capital Match raises $710K to enable small business lending

    Fintech startup raises $710K to enable small business loans

    techinasia.com 17 Aug '15, 10am

    Singapore-based Capital Match has raised S$1 million (US$710,000) in a series A funding round, the P2P lending startup announced today. The round was led by international investment firm Innosight Ventures. Previous investors Crystal Horse Investments and CE-Tech Invest also participa...

  • For Singapore to innovate, it needs to conform

    For Singapore to innovate, it needs to conform

    techinasia.com 14 Aug '15, 2am

    Minister in charge of Smart Nation, Vivian Balakrishnan (right), with founder of Sypher Labs Shamir Rahim. I’d forgotten how formal business conferences are. Yet, there I was, wearing what I deem to be formal attire – a white, buttoned shirt with brown chinos – standing out in a roomf...

  • These entrepreneurs will leave Bay Area, return to Singapore to simplify C2C payments

    Xfers offers a simplified solution for C2C payments

    techinasia.com 12 Aug '15, 3pm

    Payments startups are coming out of the woodwork these days. As they seek to claim a place in the landscape crystallizing out of the volcanic material that is fintech, distinct formations are slowly starting to appear. Some companies want to upend the current system of payments by off...

  • HBO Go now available in Singapore through Starhub

    HBO Go video streaming service is now available in Singapore

    techinasia.com 12 Aug '15, 9am

    HBO Go, the acclaimed US network’s long-awaited and much ballyhooed online streaming service, is now available in Singapore, according to an announcement by HBO Asia and Singaporean telco Starhub. The service will be part of Starhub Go, a video streaming component by Starhub, which wi...

  • Dragon Law wants to take a bite out of startups’ legal hassles

    Dragon Law takes a bite out of startups’ legal hassles

    techinasia.com 10 Aug '15, 3pm

    In Southeast Asia’s startup world, the unspoken rule is to start executing your idea before worrying about legal issues. In emerging markets like Indonesia and Vietnam, this is something that’s very easy to get away with, even if you’re already bigger than just a bootstrapping startup...

  • Singapore’s Numoni raises $4.7M to bring digital payments to unbanked

    Singapore’s payments startup Numoni raises $4.7M

    techinasia.com 07 Aug '15, 11am

    Singapore-based digital payments company Numoni has raised S$6.6 million (US$4.76 million) in a series B round. Singaporean investment firm OWW Capital Partners and notable local business figure Robert Yap, along with several private funds, participated in the round. Robert Yap also s...

  • Food fight: New challengers spice up Singapore’s online grocery war

    Honestbee spices up Singapore’s online grocery war

    techinasia.com 29 Jul '15, 12pm

    Honestbee founders (L-R): head of products Isaac Tay, CEO Joel Sng, and Singapore country manager Jonathan Low. At a cramped office in Singapore’s Little India, journalists awaited the unveiling of Honestbee , a new grocery shopping site. The space was already sardined with the startu...

  • Singapore is #10 of the world’s top 20 startup ecosystems

    techinasia.com 27 Jul '15, 3pm

    1.INDUSTRY – Not a single High Tech corporate, Big MNCs – especially economy driving Service Sector (from IT, High Tech – source of higher disposable income – source of thriving economy) have a presence in TRIPURA – Need of the hour (with major connectivity projects on and due for com...

  • Tech in Asia Tour makes its last stop in Singapore

    techinasia.com 22 Jul '15, 8am

    July 30 will mark Tech in Asia Tour’s final stop in Singapore. A prelude to Tech in Asia Tokyo 2015 , the tour will see the city’s finest startups battling for the honour of the top spot and a free pass to the Tokyo conference taking place this September. If you’ve always been curious...

  • Singapore Bitcoin startup gets $4M from Naspers and Digital Currency Group

    Singapore's BitX gets $4M from Naspers and DCG

    techinasia.com 21 Jul '15, 8am

    Bitcoin is in an interesting phase. With the flight of speculators following the crash of Bitcoin prices, startups in the space are making a slow climb up the “slope of enlightenment” in the hype cycle . It’s where the rubber meets the road. The sudden interest of banks in cryptocurre...

  • Startups, here’s your chance to score some face-time with GREE Ventures in Singapore

    Score some face-time with GREE Ventures in Singapore

    techinasia.com 21 Jul '15, 2am

    Kuan Hsu joined GREE Ventures in 2012 and serves as Principal of GREE Ventures Asia. Based in Singapore, he oversees GREE Ventures’ overall Southeast Asia operations as well as advising portfolio companies. Kuan Hsu has led GREE Venture’s rapid expansion in Southeast Asia, leveraging ...

  • Top advice for startups from Google, GrabTaxi and Zendesk at Product Hunt Singapore Meetup

    Top advice for startups at Product Hunt Singapore Meetup #4

    techinasia.com 15 Jul '15, 11am

    Pie co-founder and CPO Pieter Walraven at the Product Hunt Singapore Meetup. “Does my product work?” “Do people understand how to use my product?” “How can I make my product better than other people’s products?” Startups struggle with questions like these every day when they develop a...

  • Singapore’s Paktor gets $7.3M to become more than a dating app

    Paktor secures $7.3M series B investment

    techinasia.com 14 Jul '15, 1am

    Singaporean startup Paktor , creator of the dating app of the same name, announced today that it has secured S$10 million (US$7.35 million) in series B funding. Existing investor Vertex Venture Holdings joined the round, which also included Singaporean investment company Majuven and I...

  • Here are 4 cues the Philippines can take from Singapore to build a thriving startup ecosystem

    Here's what the Philippines needs to do to grow startups

    techinasia.com 13 Jul '15, 6am

    “I have to admit, the government has lagged behind in its understanding and support for the [startup ] sector. That’s definitely something we’d like to change going forward,” Philippine trade secretary Gregory Domingo said during his opening remarks at the two-day Slingshot Manila las...

  • Angels who are devils in disguise, and how do you spot them

    techinasia.com 11 Jul '15, 4am

    It is quite interesting to hear all the different stories of the many types of angel investors from the many startups that I advise. Some investors are nice but some are seriously devils in disguise, out to ruin potential startups of their promising future. Forbes had written an artic...

  • We’re on a hunt for the next rockstar startup in Singapore. Are you up for it?

    We’re looking for the next rockstar startup in Singapore

    techinasia.com 09 Jul '15, 11am

    We’re on the hunt for the next rockstar startup in Singapore. If you are up for the challenge, you might just be able to pitch your way to a sponsored trip to our Tokyo conference in September and exhibit at our ever-popular Bootstrap Alley . Hardware/software startups who have raised...

  • Singapore startup gets series B funding to do mobile payments in Africa and more emerging markets

    Nearex gets series B funds to boost mobile wallets in Africa

    techinasia.com 08 Jul '15, 6am

    Nearex , a mobile payments startup based in Singapore, yesterday announced it raised funds in a series B round led by Tata Capital Growth Fund . After it has gained traction across Africa, the startup is aiming to expand to other emerging markets. Nearex specializes in mobile payments...

  • Foodpanda Singapore denies it was raided by police, calls rumors “absolutely untrue”

    Foodpanda Singapore denies it was raided by police

    techinasia.com 06 Jul '15, 9am

    Foodpanda’s Singapore offices were allegedly raided by police last Friday, if a rumour circulated by tech blog e27 is true. However, Foodpanda flatly denies such an incident ever took place. Both Cassandra Ong, Foodpanda’s head of marketing for Singapore, and Tim Schefenacker, Foodpan...

  • Singapore’s DBS bank brings its Paylah mobile payments app to Apple Watch

    DBS brings its Paylah mobile payments app to the Apple Watch

    techinasia.com 29 Jun '15, 11am

    Singaporean bank DBS is bringing its DBS Paylah app to the Apple Watch, it announced today. DBS Paylah is a mobile payment app for iOS and Android phones. DBS account holders can link their accounts to the app in order to add funds to it. The funds are stored in the app’s mobile walle...

  • Infinium Robotics dreams of being a leader in indoor drones

    techinasia.com 23 Jun '15, 9am

    Junyang Woon was as far away from the tech industry as you can imagine. An officer in the Singapore Navy for seven years, Woon inhabited a world of strict regimentation and uniformed discipline. Yet he was also surrounded by technology; he had a chance to work with drones while on the...

  • SPRING Singapore to invest $56M for tech startups

    techinasia.com 12 Jun '15, 5am

    Singapore’s trade support agency SPRING today announced a new investment and incubation program for “high potential startups with deep technology content.” Through its investment arm, SPRING Seeds Capital (SSC), the agency intends to co-invest in startups working in areas like cleante...

  • Twitter expands Singapore office as it tries out new things in Asia

    Twitter expands Singapore office as it tries out new things in Asia

    techinasia.com 11 Jun '15, 10am

    Nearly two years after first opening up an office in Singapore, Twitter revealed today that it’s moving into a new and larger office in the city as the social network doubles down on Asia. Twitter is now calling this new space its Asia-Pacific HQ. “The Singapore-based team has since g...