techinasia.com Archives - 02 July 2015, Thursday

  • 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...

  • Singapore's startup ecosystem in an infographic

    techinasia.com 10 Jun '15, 6am

    I found this really interesting infographic from Singascape summarising the startup scene in Singapore. Enjoy

  • To build a tech startup ecosystem, China should look to Singapore

    To build a tech startup ecosystem, China should look to Singapore

    techinasia.com 10 Jun '15, 5am

    Last week, China’s State Council approved a host of new government programs aimed at helping out domestic startups , especially tech startups. The programs will allow startups to access more affordable land, government subsidies, tax breaks, cut prices on power and internet, and more....

  • Proof that coworking spaces are hot: The Hub Singapore just raised $1.1M

    Coworking space The Hub Singapore raises $1.5M

    techinasia.com 09 Jun '15, 8am

    The Hub Singapore’s co-founder and CEO Grace Sai. So-called coworking spaces are starting up everywhere in Southeast Asia. We spotted 38 of them at last count, and that’s an under-estimation. While plenty are little more than glorified shared offices, a few do capture the essence of c...

  • 10 reasons why Singapore is the next big city for fintech - Tech in Asia #fintech

    10 reasons why Singapore is the next big city for fintech

    techinasia.com 09 Jun '15, 4am

    Three years ago, I saw a similar surge over fintech in the United States – a large number of projects, a lot of discussions, and the customers who are ready for innovation. Many fintech companies emerged in Europe and other parts of the world, but the real big play didn’t happen. Ther...

  • Singapore wealth management app creator raises $3M in series A round

    Wealth management app creator Mesitis raises $3M in series A

    techinasia.com 05 Jun '15, 5am

    Singapore-based fintech company Mesitis announced today that it has raised US$3 million in a series A funding round. The investment came entirely from private parties, with the majority being “private investors comprising former and current corporate CEOs/chairpersons and entrepreneur...

  • Meal delivery startups are dying in Singapore, but Redmart might just win the market

    Redmart might just win the meal delivery market in Singapore

    techinasia.com 05 Jun '15, 5am

    Meal delivery services are taking off all over the world – US-based Munchery is the latest startup to land a massive amount of funding . In Singapore, however, many ready-to-eat and ready-to-cook meal startups are finding themselves in dire straits. Take Chef Box , for example. In Aug...

  • Apple Watch to launch in Singapore, Korea, Taiwan on June 26

    Apple Watch launch announced in Singapore, Korea, Taiwan

    techinasia.com 04 Jun '15, 1pm

    The much anticipated Apple Watch will finally be available in Singapore, South Korea, and Taiwan on June 26, the device maker announced . The smartwatch will be purchasable from Apple’s website , official Apple stores, and selected authorized Apple resellers. These three countries joi...

  • CreoPop raises seed funding round for its 3D printing pen

    techinasia.com 02 Jun '15, 12pm

    3D printing pen creator CreoPop has raised a seed funding round, the company announced today. The round is led by Wavemaker Partners and the Singapore National Research Foundation (NRF), while other investors include Malaysian venture capital firm Kumpulan Modal Perdana via its E&E Ca...

  • Tech in Asia Singapore 2015 in an infographic

    techinasia.com 26 May '15, 2pm

    May 6 and 7 left an indelible mark in our conference history as we welcomed one of the biggest crowds ever to Tech in Asia Singapore on its fourth edition. In just 48 hours, we hosted a total of 2,135 attendees from 45 countries. This year, we provided more networking opportunities by...

  • Singapore’s Gushcloud gets acquired. Is it really a win for the company?

    Gushcloud gets acquired. Is it really a win for the company?

    techinasia.com 22 May '15, 8am

    It’s a pattern I see all the time. Startup gets acquired. Startup sends out press release trumpeting the news. Journalists like myself lap it up. Cue congratulatory messages for the founders on Facebook. Surely it’s a win for the entrepreneurs and employees alike, right? Not always. S...

  • How Singapore’s ConnectNPay is helping stir up Myanmar’s financial sector

    Singapore’s ConnectNPay brings epayments to Myanmar

    techinasia.com 20 May '15, 8am

    Since Myanmar opened up its economy in 2010, after one of the most brutal dictatorships in Asia, capitalism has been on the rise. The country’s abundant natural resources, strategic location between Asia’s powers India and China, and its largely untapped market of 60 million people ha...

  • Paybill.io lets overseas workers pay bills with bitcoin

    techinasia.com 20 May '15, 6am

    Pakistan received US$17.6 billion in remittances in the last year, according to the country’s central bank . The majority of this money was remitted by the Pakistani diaspora – 7 to 8 million strong – consisting of students, blue collar workers, and industry professionals. The most co...

  • The famous global startup ecosystem ranking is back, but it needs more data from Singapore

    Back in 2015: Compass' global startup ecosystem ranking

    techinasia.com 19 May '15, 11am

    Compass – a company that aims to be the “moneyball” for startups – stirred up a lot of debate when it launched its worldwide ranking of startup ecosystems in 2012 . While unprecedented in its ambition and scope, it generated a lot of heated discussion, particularly in its Asian covera...

  • Singapore accelerator JFDI could invest up to 4 times more per startup

    Accelerator JFDI could invest up to 4 times more per startup

    techinasia.com 19 May '15, 7am

    Singapore-based startup accelerator Joyful Frog Digital Incubator (JFDI) today announced that it could invest up to four times more than it usually does in selected startups for its upcoming bootcamp, which goes on for 100 days. Each team will get an initial S$50,000 (US$37,000), whil...

  • Singapore startup lets you save time by posting job ads everywhere at once

    Singapore startup StaffOnDemand saves time spent hiring

    techinasia.com 18 May '15, 9am

    Startups and small businesses should spend less time hiring and more time building their products and services. That’s the simple idea behind Singapore-based StaffOnDemand . A startup itself, StaffOnDemand knows first hand the obstacles of searching for good talent. It cuts out time a...

  • Smart Nation: Singapore’s plan to mold the world in its image

    techinasia.com 14 May '15, 7am

    Singapore has a plan to build a tech utopia – a real-life tomorrowland where inhabitants lead blissful lives under the auspices of all-seeing tech overlords. It calls this the Smart Nation initiative. There’s nothing quite like it. It’s an ambitious government project to use technolog...

  • Healthcare entrepreneur to fund many startups, starting with Bitcoin firm Satoshi Citadel

    Bitcoin startup Satoshi Citadel Industries raises $100,000

    techinasia.com 12 May '15, 8am

    Philippine Bitcoin umbrella company Satoshi Citadel Industries (SCI) has raised $100,000 in seed funding from Filipino healthcare entrepreneur Joe Maristela. Maristela says the investment marks the start of many more investments he plans to make in Philippine startups , specifically t...

  • Singapore is still Southeast Asia's startup hub, but neighbors are encroaching

    Singapore is SEA's startup hub, but neighbors encroaching

    techinasia.com 06 May '15, 5am

    The number of venture capital deals in Singapore has stagnated, according to Jason Lin, the head of business development at Tech in Asia ‘s own Techlist , who spoke on stage today at our annual Singapore conference . While Singapore is often thought to be the leading country when it c...

  • GrabTaxi turns up the heat on Uber in Singapore, launches new chauffeured GrabCar options

    GrabCar launches new chauffeured options in Singapore

    techinasia.com 28 Apr '15, 2am

    Since its introduction in Singapore last year, the Uber-esque GrabCar service has received overwhelming demand during peak hours, according to head of GrabCar Singapore See Ee Ling. With this in mind, it is now introducing a new range of GrabCar categories that consumers can pick from...

  • Come hear how Khailee Ng built and exited two startups at breakneck speed

    How Khailee Ng built and exited two Malaysian tech companies

    techinasia.com 22 Apr '15, 2am

    Khailee Ng, managing partner at 500 Startups in Southeast Asia If you’ve been in Southeast Asia’s startup scene for a little while already, you may remember when Groupon invaded Malaysia in 2011 by acquiring the five-month-old GroupsMore daily deals site. It might sound like Groupon w...

  • Singapore’s B2B startup TradeGecko raises $6.5M in series A

    Inventory management startup TradeGecko raises $6M in series A funding

    techinasia.com 21 Apr '15, 11am

    Singaporean inventory management software startup TradeGecko announced a US$6.5 million series A funding round today. The round is led by Singapore-based venture capital firm NSI Ventures, which has been actively looking to support local companies through series A financing, and Jungl...

  • How Asia uses Bitcoin in one color-coded map

    How Asia uses Bitcoin in one color-coded map

    techinasia.com 21 Apr '15, 10am

    Bitcoin is a global phenomenon, but not everyone around the world uses it in the same way. Here in Asia, the way a person from the Philippines uses bitcoin is probably very different from how it’s used in Thailand, and both are very different from the typical user in Taiwan. Despite b...

  • New entrepreneurship program for technology experts announced in Singapore

    Entrepreneurship program for computer experts in Singapore

    techinasia.com 21 Apr '15, 3am

    Infocomm Investments, the investment arm of Singapore’s Infocomm Development Authority (IDA), announced yesterday it will be partnering with Entrepreneur First , a British accelerator that helps computer experts turn their ideas into successful startups. News of the program was releas...

  • The Co-Foundry and Plug & Play launch new fintech accelerator in Singapore

    FinTech accelerator launches in Singapore & Silicon Valley

    techinasia.com 20 Apr '15, 5am

    Startups in Singapore’s fintech space will get another shot at joining an accelerator , thanks to the arrival of a new program called TCF-PnP Program: Fintech Call 2015 . The program’s acronym-heavy moniker doesn’t exactly roll off the tongue, but it highlights the main partners behin...

  • This app is the best way to find interior designers in Singapore

    Qanvast: the best way to find interior designers in Singapore

    techinasia.com 18 Apr '15, 12pm

    Getting an interior designer is a rite of passage for many Singaporean families. It’s a big financial commitment: they’d typically commit at least S$25,000 (US$18,600) to doll up the whole house, and could pay up to S$40,000 (US$30,000) after adding air conditioning, electrical wiring...

  • Amidst declining print business, SPH launches media startup accelerator with Plug & Play

    Singapore Press Holdings launches media startup accelerator

    techinasia.com 18 Apr '15, 4am

    Singapore’s leading print media company Singapore Press Holdings (SPH) is getting more deeply involved in the startup space, the company has announced, with a new accelerator program aimed at media and technology startups. SPH is partnering with Singapore’s Infocomm Investments and Si...