From Online payment to eCommerce
Myanmar accelerator Phandeeyar to invest US$25K each in up to 10 startups attending cohort 2
In addition, startups will get more than US$200,000 worth of services from its strategic partners, six months of coaching from over 40 local and international mentors, and access to a network of investors Myanmar’s first-ever tech startup accelerator Phandeeyar Accelerator today announced the launch of cohort 2 at its downtown innovation lab. Applications for Cohort 2 opened on […]
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Berrybenka MD steps down to lead Telkomsel’s mobile payment arm Tcash
Danu Wicaksana will continue to be involved in fashion e-commerce site Berrybenka as Strategic Advisor and minority passive shareholder Managing Director of Indonesian fashion e-commerce site Berrybenka, Danu Wicaksana, has stepped down from his position to lead state-owned mobile operator Telkomsel’s mobile payment arm Tcash. According to his LinkedIn profile, starting from June his new […]
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Gobi Partners leads US$7M round in Chinese drone sharing startup that serves farmers
Nongtian Guanjia will use the newly-raised capital to expand its business into more cities and build more services such as GPS Gobi Partners has led a US$7 million round in Beijing-based agriculture drone-sharing platform Nongtian Guanjia. The round was joined by existing investors, including GGV Capital, Shunwei Capital, the Zhen Fund and Yunqi Partners. Nongtian Guanjia […]
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Singapore Press Holdings partners RecomN Technologies to launch services matching portal
SPH will have a one-third stake in the joint venture for S$980,000 (US$708,000) [A previous version of the article stated that SPH will take a 33 per cent stake in RecomN Technologies. This is incorrect. SPH only owns a 33 per cent stake in the joint venture known as RecomN Singapore] The Lion City media […]
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Wavemaker Partners is closing US$50M fund as Tim Draper shifts focus from China to Indonesia
In Southeast Asia, Wavemaker Partners have exited five companies in the past two years Venture capital firm Wavemaker Partners announced that it is in the process of finalising its new US$50 million for Southeast Asia. The new fund will target 80 early stage startups with strong focus on B2B sector, with specific focus in the […]
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Live from CES Asia 2017, an inside look at Baidu autonomous vehicles
Baidu has launched Road Hackers, a machine learning-based autonomous driving solution Baidu’s GM of Intelligent Vehicles Gu Weihao started his keynote session for CES Asia by asking the question: When will autonomous driving be able to surpass human ability? He cited a report from think tank RAND that calculated self-driving vehicles would have to clock 275 […]
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