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Singapore hotel industry declining amidst growth in tourism, thanks to sharing economy


Sharing economy allows a company to introduce excess supply and lower prices for consumers An interesting article caught our attention recently. Boosted by growing wealth of the Chinese middle class who are enjoying overseas vacations more than ever, Singapore seems to be enjoying a healthy growth in its tourism industry. However, there was an even more interesting […]

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Lofelt raises $5.4M to develop next-gen haptic tech for gaming, AR, VR, automobile, and more


 Lofelt, a Berlin-based startup that is developing ‘next-generation’ haptic technology for use in a range of products — including gaming, AR, VR, automobile, consumer electronics, toys, medical, and entertainment — has rais...

The success of a venture often lies in why the entrepreneur started in the first place


When entrepreneurs know their “why”, it acts as a constant reminder of what they are trying to accomplish Why? This is the single most important question that entrepreneurs should ask themselves if they are planning to start their own venture. The rest of the specifics – how, when, and where, will follow later. A Harvard […]

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Developing your product: 6 things to consider when working with an outsourced team


So you’ve decided to outsource your development team. What now? Startups, mostly due to constraints in resources, may consider working with an outsourced team to develop their product. Apart from costing less and eliminating the management an in-house team, dealing with an outsourced team means that the startup has access to a collective wealth of knowledge and […]

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Singapore fintech startup Active.ai raises US$8.25M to help banks adopt AI solutions


The startup offers full stack solutions that cover messaging, voice and IoT devices Singapore-based fintech startup Active.ai (Active Intelligence) has raised US$8.25 million in a Series A round led by Temasek Holding’s Vertex Ventures, Creditease Holdings and Dream Incubator. Existing investors Kalaari and IDG Ventures India will also participate in the round. Additionally, the company will also […]

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Exclusive: Fenox VC is opening a startup incubator in China; to launch over US$50M India-focussed fund in 2018


As part of the incubation programme, Fenox will give US$50,000 each for 10 per cent equity, and provide them mentorship and training by experts from Silicon Valley and local markets Fenox Venture Capital, a Silicon Valley-based fund with significant operations in Southeast Asia, will soon launch a startup incubator in Chengdu, the capital of southwestern China’s Sichuan province, in partnership with the government. […]

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