techinasia.com Archives - 03 August 2015, Monday

  • 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...

  • 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...