The government of the Chinese city of Shenzhen is currently seeking contestants within Sydney, Australia to take part in a new regional contest which launched this month.
Gemstar Technology, a company that aims to bridge the gap between Australia’s growing technology sector and the trade, investment and market opportunities that exist in Southeast Asia using Singapore as the gateway, has entered a new growth phase with the strategic appointments of Martin Christmas and Geoff Gourley.
Melbourne-based startup Rewardle (ASX:RXH) has announced a major commercial partnership with AirAsia that will allow Rewardle members – there are almost 1 million – to trade small business loyalty points for AirAsia flight vouchers. This could see members flying to anywhere on the AirAsia network, which includes over 100 destinations across ASEAN and beyond.
Some may think it would be crazy to think that Real Estate and Domain, both disruptors themselves could ever fall to their knees. However, that doesn’t stop startups from launching something similar with an “individual twist” on the concept that hopefully gives them a unique selling point from the two industry heavyweights.
Chinese startup Honeymate announced this week that it has raised a pre-A funding round of more than RMB 10 million (US$1.6 million). [Source:TechInAsia]
A decade ago, startup was a wild notion for Singapore. Conservative and moderate, this society preferred seeing their best brains in the government or in banks – safe and sound places. Starting a company, investing and risking were fads acceptable for a very small handful of people.
India is attractive right now for investors. In the last 12 months, investment into India’s tech scene has increased threefold – it has become the world’s third largest startup ecosystem just behind the United States and United Kingdom, according to the 2014 National Association of Software and Services Companies (Nasscom) report. The same report also suggests that the number of startups in India will rise from around 3,100 currently to over 11,000 by 2020.
Indian startup Freshdesk has just announced a $50 million Series E round and plans to expand its operations in Australia.
Yesterday India based Helion Venture Partners made the announcement it has just launched a fourth fund worth US$300 million.
It has only been a few weeks that the current muru-D accelerator class have been back in the country after their recent trip to China and already muru-D have confirmed that some of the founders have had opportunities arise that will mean a select few of the founders will actually be remaining in China until demo day early next month.
Named ‘One Small Step’ the app aims to displace the misconception of coding as an intimidating task but rather encourage girls to take small steps to gain better understanding of the technology around them.
Mobile HealthTech startup Healint announced last week that it had raised $1 million in seed funding for its new app Migraine Buddy. The round was led by Wavemaker Pacific with Gree Ventures and Shin Ryoku also coming in on the deal.
When it comes to startups and entrepreneurship, most of the narrative in the past years have been focused on Silicon Valley. 2014 is the year where Southeast Asia proved itself to be a worthy challenger to the lead role, and people are beginning to take notice. [Source: TechinAsia]
Co-founder of Technode and Koombah as well as Forbes.com contributor Jason Lim along with his business partner Mathew Benjamin are announcing this week an exclusive Asian startup focused event they are running called Asia Recon.