Expara Ventures calls for startups for COVID-19 accelerator

Expara Ventures, a Southeast Asia-focused VC firm, is calling for startups with technologies and innovations that could help test, treat and monitor the COVID-19 outbreak, according to DealStreetAsia.

Selected teams will be receiving a capital of US$50,000, along with extensive mentorship.

Also Read: Meet the Govt: How Thailand plans to turn startups into economic warriors through university, corporate collaboration

“Governments and corporates are struggling against the virus, and Expara wants to invite entrepreneurs and startups to join the battle,” said Douglas Abrams, CEO of Expara Ventures.

College planning startup Univariety raises US$1.1M from Info Edge

India’s online college planning platform Univariety has raised US$1.1 million seed funding from InfoEdge, according to TechInAsia.

With the funds, the company plans to grow its operations further, focus on product, scale its alumni platform, and build its brand.

The startup is owned and run by International Educational Gateway, which has students in Singapore, India, and the UK. It claims to have served over 100,000 students and has partnerships with more than 350 schools across 60 cities in India.

The Financial Inclusion Lab accelerator is building fintech solutions for low to middle-income segments

The Financial Inclusion Lab, an Indian accelerator programme supported by Bill & Melinda Gates Foundation, will identify and support startups to support lower-income communities with mentoring, market research, access to networks and capital for fintech startups.

For its third cohort, the lab has selected nine innovative startups namely — Adhikosh, Aggois Business Solutions, Awaaz De Infosystems, Credochain Technologies, Entitled Solutions, Frontier Markets Consulting, Lakshy Inclusion Services, Whrrl Fintech Solutions and XaasTag Regtech. 

Also Read: Morning News Roundup: Surge’s third programme to go online, Temasek invests in India& CureFit

These startups will be working on credit, savings, insurance and related technology-driven financial solutions that benefit underserved segments such as low-income workers, micro-businesses, auto drivers, farmers and agribusinesses.

The programme is also supported by JP Morgan, Michael & Susan Dell Foundation, MetLife Foundation and the Omidyar Network, and run in collaboration with MSC Consulting.

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