Bossjob, an online job search platform in the Philippines, has secured US$5 million in funding from an undisclosed venture fund.

The startup will use the investment to enhance its platform, refine the user experience, and expand the team.

The deal comes as the company expands into Singapore, Indonesia, and Hong Kong.

Bossjob was founded in 2018 by Anthony Garcia and Kiat How Quak. The co-founders met at a networking event in the Philippines. As they discussed their challenges as aspirating entrepreneurs, they discovered a common challenge: finding suitable candidates in the country. They wanted to develop a tech solution to address this challenge. This led them to start Bossjob.

Also Read: Investor expectations have evolved beyond a singular focus on topline scale, growth: KKday CEO

Bossjob is a chat-first career platform. It aims to provide speedy communications between talents and bosses to eliminate lengthy application processes through direct chat.

With a focus on personalised algorithms and data-driven insights, Bossjob aims to streamline the job search process, ensuring professionals connect with the right opportunities and employers discover top talent efficiently.

“The expansion into new markets, including Singapore, Indonesia, and Hong Kong, demonstrates our commitment to addressing the global demand for a smarter and more effective hiring process. With a goal of reaching 30 million users by 2026, we are poised to significantly impact the job market,” said Garcia.

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Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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Amidst growing economic challenges, businesses are deep into their annual planning strategies. While many companies face budget cuts and hiring freezes, Gartner’s research reveals that four out of five CEOs are increasing their investments in digital technology, betting that the right investments can counter the effects of the recent headwinds. This indicates that digital transformation is viewed as a strategic priority that can help businesses remain competitive and achieve growth amid our increasingly precarious and unpredictable market.

However, while startups and SMBs recognise the value of tech investment in future-proofing their businesses, Gartner reported that more than half of digital initiatives fall short of leadership expectations, with businesses seeing two particular challenging areas: delays in completion (59%) and value realisation (52%). As such, technology leaders must balance short-term gains with long-term goals, harnessing cloud infrastructure optimisation to make their organisations leaner and more agile. By doing so, they can free up resources such as time and effort to focus on long-term strategic business priorities.

Also read: 15 exciting startups make it to the 2023 TOP100

While delivering quick results for the bottom line, they must also maintain a long-term technical vision that is aligned with the company’s broader strategic objectives. By freeing up both time and money, leaders can reallocate resources to strategic business priorities, such as product development, customer engagement, and talent management. Ultimately, this approach can help organisations thrive in a rapidly evolving business environment.

In managing their expectations, there are a few things business leaders must look into in order to adopt a more robust cloud infrastructure that will help them achieve short-term gains while also working towards long-term goals.

How can infrastructure costs be lower and more predictable?

As an organisation grows, the costs for cloud infrastructures are also likely to increase. This is because cloud providers typically charge users based on usage which means companies are often billed by the hour, these charges can fluctuate from month to month, especially during periods of high traffic which can lead to unexpected surges, and therefore higher costs. These fluctuations make it difficult to plan on an annual basis and cloud service bills can be complex and difficult to understand, so it’s worth asking your cloud provider to review both your average costs and any unexpected costs or overages.

By having these conversations with your cloud provider, you can identify areas where you can optimise performance for cost savings. For example, if there are periods of high utilisation followed by periods of lower utilisation, it is likely that computing power is being underutilised during the low utilisation periods. In such cases, dynamic loads may benefit from automation, making use of tools such as Kubernetes, which can save your team time and reduce operational costs. By monitoring your usage and optimising your computing resources, you can reduce your cloud costs and get the most out of your cloud investment.

How can we make cloud infrastructure easier to manage?

All teams encounter technical debt and legacy processes at some point in their operations. To address these issues, it is important for teams to evaluate their organisation’s architecture internally and in partnership with cloud providers. This will help them identify areas where processes can be improved and optimised for better performance.

One potential solution is to explore fully managed services offered by cloud providers. Although this option may come with additional costs, it could save valuable time that can be redirected towards high-value initiatives that were previously impossible due to the maintenance demands of the infrastructure. By freeing up internal teams from infrastructure maintenance, organisations can leverage their expertise in other areas that are essential to their operations.

Also read: See how GHARAGE is empowering travel and retail at Echelon

Furthermore, internal teams can provide valuable feedback on bottlenecks or cultural issues that are hindering processes. Addressing these issues could have a ripple effect across the organisation, leading to improvements in efficiency and productivity.

By taking a comprehensive approach when it comes to identifying areas for improvement, teams can optimise their processes and leverage new technologies and strategies to stay competitive in today’s fast-paced business environment.

How can we increase stability and reliability for customers?

Load times and application uptime can have a significant impact on an organization’s revenue growth or loss. Therefore, it is essential to focus on increasing the stability of your applications, as this can lead to outsized revenue performance.

One critical step towards improving application stability is to evaluate your cloud provider’s Service Level Agreement (SLA) to ensure that it meets your organisation’s needs. Companies should also confirm that the cloud provider’s data backups, network load balancing, autoscaling, failovers, and other fail-safe mechanisms align with your business needs. This will help ensure that your applications are always available to your customers, even during unexpected disruptions.

Internally, you should also identify areas where application resilience can be improved and prioritise those improvements accordingly. This may include investing in new technologies or strategies to enhance your applications’ stability and minimise downtime.

By taking a comprehensive approach to evaluating your applications’ stability, you can optimise your revenue performance and ensure that your customers have a seamless experience with your products or services.

Are there ways to reduce development time with automation?

Cloud computing has enabled development teams to move faster, but automation can take these improvements even further. By implementing tools like Git for version control, CI/CD pipelines for quick updates, and Infrastructure as Code (IaC) for provisioning resources, teams can free up significant time and focus on developing high-quality products that meet their business needs and goals.

Cloud providers can also provide valuable guidance on best practices for automation based on their experience and expertise. By working closely with your cloud provider, you can identify the most effective automation processes to implement within your organisation. This will help your teams quickly resolve bugs, release new features, and provide a better customer experience.

Also read: Echelon: Strategies for growth equity according to industry experts

Moreover, automation can help streamline development processes and ensure consistent, high-quality results. It can also help teams stay up to date with the latest technologies and industry trends, giving them a competitive edge.

By leveraging automation and working with your cloud provider to identify best practices, your organisation can accelerate its development processes, improve quality, and ultimately deliver better products and services to your customers.

Casting a vision for the business

After identifying areas for optimisation in the current architecture, it is essential for technology leaders to communicate their vision to the organisation’s leadership. By articulating the anticipated value and timeframes for the proposed optimisations, leaders can begin laying the foundation for what’s possible.

To establish priorities and develop a clear strategy for technology investments, it is necessary to work across the organisation and gather input from various stakeholders. This can help ensure that the technology investments align with the business’s goals and deliver tangible benefits. Moreover, by prioritising investments that deliver business value, technology leaders can cast a technical vision for their organisation that inspires and excites their teams in 2023 onward. This vision should incorporate the latest trends and emerging technologies, while also addressing the organisation’s unique challenges and opportunities.

Effective communication, collaboration, and strategic planning are key to achieving this vision and driving technological innovation within the organisation. By leveraging these best practices, technology leaders can help their teams stay ahead of the curve and deliver exceptional value to their customers.

To learn more about how to optimise your cloud, talk to one of DigitalOcean’s experts today at https://do.co/Contactus .

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Photo by cottonbro studio via Pexels

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This article is produced by the e27 team, sponsored by DigitalOcean

We can share your story at e27, too. Engage the Southeast Asian tech ecosystem by bringing your story to the world. Visit us at e27.co/advertise to get started.

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Southeast Asian super app giant Grab has announced that its Co-Founder Tan Hooi Ling has decided to relinquish her active role in the company, including her directorship, effective 2023-end.

Ling will transition into an advisory role in the company.

The Nominating Committee of the Board will review potential candidates to supplement the Board later this year. Grab will make a further announcement upon the changes to its Board of Directors taking effect.

“People who know me well know that I am an adventurer at heart, and there are many other personal passions that I have put aside to build Grab with Anthony. With the strong leadership bench we currently have, I believe now is the right time for me to pass on the baton to our next generation of leaders and to pursue these other passions,” Ling said in a statement.

Also Read: Paul Allen’s VC firm returns to invest in social music creation platform BandLab’s new US$25M financing round

Ling co-founded Grab with Anthony Tan in 2012. Ling led various operations and technology teams as COO.

She currently leads Grab’s technology organisation and is mentoring the next generation of technology leaders, including the Group CTO Suthen Thomas and CPO Philipp Kandal. Ling has also been a member of Grab’s Board of Directors since its public listing in December 2021.

Grab offers ride-hailing, food delivery, and digital payment services. With over 200 million app downloads and a presence in over 400 cities across eight countries, Grab is currently valued at over US$40 billion.

The firm recently announced its financial results for Q1 2023. The Q1 2023 revenue grew 130 per cent to US$525 million from last year’s period. The loss for the quarter narrowed by 43 per cent to US$250 million.
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Echelon Asia Summit 2023 brings together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here. Echelon also features the TOP100 stage, where startups can pitch to 5000+ delegates, among other benefits like connecting with investors, visibility through the platform, and other prizes. Join TOP100 here.

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Earlier in May, global multi-stage investment firm B Capital announced the appointment of Don Wood as a Venture Partner focused on climate tech.

The Venture Partner was recently a managing director at DFJ as well as Venture Partner and Advisor at Energy Impact Partners and Piva Capital; he has also served as a board member for 15 public and private companies and is a faculty member of the Stanford Graduate School of Business.

With his over 25 years of experience as a venture capitalist and climate tech specialist, Wood’s appointment is meant to expand the firm’s climate investment strategy, serve as a trusted advisor to the firm’s growing climate team and mentor select portfolio companies.

In an email interview with e27, Wood explains in more detail the kind of support that B Capital wants to give to climate tech startups–and the opportunities that the firm wants to pursue.

Through a strategic partnership with BCG and its own internal platform team, the firm provides guidance to enable entrepreneurs to scale fast and efficiently, expand into new markets and build exceptional companies.

“This approach drives high performance for portfolio companies and B Capital, regardless of the market cycle,” Wood says.

Also Read: How climate tech companies in Asia measure the impact of their work

B Capital’s climate tech portfolio includes eight investments across the US and Asia, such as Patch, a company that offers a suite of APIs and developer tools that connect buyers and sellers of carbon credits, and Accacia, which provides AI-enabled decarbonisation solutions to the real estate industry.

Going forward, the firm will continue investing along core themes it sees in climate tech today, including decarbonisation, electrification, and adaptation.

“The core mission of B Capital is to champion founders whose technologies have the potential to change how people work and live across the globe,” Wood stresses.

The following is an edited excerpt of our conversation with him.

In your years of experience in the climate tech sector, what do you think is the biggest challenge faced by climate tech startups in promoting their solutions and building a sustainable business?

Many climate tech startups are breaking new ground – which means they have no playbook to follow for success. These startups are at the forefront of developing groundbreaking technologies, requiring substantial investments and time to demonstrate their efficacy.

Many are pioneering innovative business models that necessitate forging new partnerships and attracting customers with innovative value propositions. Compounding these challenges is the dynamic nature of the regulatory landscape they must navigate, which constantly evolves and presents market timing uncertainties.

Also Read: Why these startups focus on informal plastic waste workers in the fight against climate crisis

However, climate tech startups have learned many lessons from the startup wave we saw a few years ago in Clean Tech 1.0.

By building on these lessons, and by taking advantage of the significant tailwinds in the current landscape, we’re seeing stronger companies that are more likely to succeed.

There has been a conversation about how the corporate world is moving relatively slowly in adopting decarbonisation initiatives. How can startups play a role in accelerating and tackling this problem? What advantage can they offer to the corporate world?

Climate tech companies will be essential in supporting corporates in achieving their net-zero pledges. We are seeing early signposts that large corporates, particularly in the US, are heeding this opportunity (albeit much work remains) to strategically partner with or invest in new technologies to carry out their climate goals.

This drove our investment in Patch, which is helping large corporates offset their emissions with high-quality, trusted carbon credits to hit their net zero goals. More broadly, industry leaders will increasingly need to think about what their business will look like in the context of a net-zero economy and engage with climate tech companies to build advantage through access to their innovative products and services.

This is mutually beneficial. For startups, increased engagement from corporate champions will help de-risk investments and create a positive feedback loop to propel the climate tech ecosystem further. Though it is still early days, and much work remains to be done to activate corporate climate tech strategies more broadly, we are excited about the potential for partnership between startups and corporates and are leveraging our close partnership with BCG to explore this opportunity.

Also Read: The key to tackling climate change: Electrify shipping

Does the funding winter affect the prospect of climate tech investment negatively?

Wider macro trends from the public and private sectors signal a positive outlook with increasing demand for climate tech.

In 2022, a record US$70 billion was invested globally into 4,000 climate tech startups according to HolonIQ. 2023 will be down by perhaps 30 per cent but will remain a very active sector for venture capital investors.

Over US$1.3 trillion in capital was invested into the energy transition and decarbonisation globally and BNEF forecast this will more than triple by 2030 and continue growth beyond that in order to address stated climate goals. This investment will fuel hundreds of successful new climate tech startups in the years ahead.

What will be B Capital’s major plan this year in the climate tech sector?

B Capital will continue to grow our climate tech practice, making new investments into the most promising technologies and companies to earn strong returns for our investors and helping decarbonise the economy and enable the energy transition.

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Echelon Asia Summit 2023 is bringing together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here.

Echelon also features the TOP100 stage, where startups get the chance to pitch to 5000+ delegates, among other benefits like a chance to connect with investors, visibility through e27 platform, and other prizes. Join TOP100 here.

Image Credit: B Capital

The post B Capital believes in startups, corporates collaboration to bring decarbonisation efforts forward appeared first on e27.

Use our special promo code: GO for 75% off your Echelon tickets!

Featuring the TOP100 stage, the 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June 2023. Are you a startup founder, investor, corporate, or tech enthusiast? Don’t miss out on one of the most anticipated tech conferences in the region! For more information, visit the official Echelon page.

The TOP100 program is an annual project spearheaded by e27 with the goal of recognising the most promising and innovative startups in the Southeast Asian region and beyond. The program is a highly anticipated event that provides a platform for exciting new startups to showcase their ideas, gain exposure to investors and potential partners, and receive valuable feedback from industry experts.

Through the TOP100 program, startups have the opportunity to pitch their ideas to a panel of judges comprised of investors, corporates, and industry giants. The judges evaluate each startup based on various criteria, including innovation, market potential, team strength, and overall execution.

Also read: How to improve your business in 2023: Optimise your cloud

Winning the TOP100 program can have a significant impact on a startup’s growth trajectory. The program has helped many startups secure funding, gain media attention, and expand their customer base in the regional market.

With its rigorous selection process, 100 startups get to pitch their products and services at the Echelon Asia Summit slated on June 14-15 at the Singapore EXPO. Top contenders will proceed to the finals where winners will be selected.

Without further ado, here is the third batch of startups that will be competing at this year’s TOP100!

15 more semifinalists for the 2023 TOP100 

TABLE – Lifestyle & Beyond

TABLE is Asia’s up-and-coming, end-to-end online platform serving as a curated marketplace for premium lifestyle bookings.

TABLE, through its curated and managed marketplace, www.tablebooking.co, has become Thailand’s go-to platform for premium lifestyle experiences. From convenient online table reservations in the FnB space to exclusive lifestyle deals, unforgettable experiences, event discovery and booking, and concierge services for high-value clients, TABLE ticks all the boxes.

TABLE has experienced 300%+ quarter-on-quarter organic growth, already having served thousands of customers across Thailand, including Bangkok, Koh Phangan, Koh Samui, Pattaya, and Phuket. TABLE plans to expand its reach even further, with two new locations in Thailand in Q2 and one new international location in Asia in Q3 of 2023.

DashoContent

DashoContent is an AI-powered B2B content creation platform designed for marketing. 400 million small and medium businesses suffer from current options for content creation because they are expensive in time, resources, or energy. On the other hand, purely automated AI content is rarely on par with that of a human and ends up penalised by search engines.

DashoContent is a pay-as-you-go content platform to create marketing content for businesses that is consistent in their brand voice. Through a platform with powerful AI-assistive tools, they combine the benefits of automation and handcrafted content through their community of vetted expert content creators matched to businesses to help create content that helps with their marketing online.

Qalboo

Qalboo is an Islamic well-being platform to help Muslims find peace. In Southeast Asia, conversations around mental health still carry a negative stigma. This is especially apparent in religious communities, as there is a common belief that poor mental health equates to weak faith. For Muslims, the intersection goes much deeper. There are Islamic laws that aren’t aligned with modern techniques, making it harder for Muslims to seek help, let alone speak openly about it.

Qalboo is changing this narrative. The Islamic wellbeing app is faith-based — providing Muslims with evidence-based solutions that are integrated with Islamic values from the Quran and Sunnah, turning the link between faith and wellbeing into actionable and easy-to-follow solutions.

Biomark

BioMark is a tech startup that operates in the health and wellness space. The company is owned by Pathology Asia Holdings (PAH) and Texas Pacific Group (TPG), one of the largest global private equity firms, with business presence/entities/subsidiaries in Singapore, Malaysia, Indonesia, Philippines, Brunei, Australia, Vietnam, and Hong Kong. Their combined businesses result in them seeing an annual flow of 10-11 million patients per year.

Regionally, BioMark is used across over 6,500 clinics and 63 hospitals, storing more than 24 million patient records. Their core business model is centred around being the conduit between laboratories, doctors, and patients.

Broadly speaking, BioMark ingests blood and pathology reports and displays them to doctors and patients through their platforms. Clinics and healthcare providers (HCPs i.e. doctors and nurses) using their platform can effectively monitor their patients’ well-being, flag patients who need follow-up consultations (and follow-up tests), and order pathology tests and medications. Patients using their platform can better make sense of their lab results and monitor the progress of their health.

Parlon

Parlon is a beauty technology platform where you can discover, book, and buy best-in-price beauty and wellness deals in the Philippines. Parlon has partnered with over 450 salons and wellness brands with a combined number of 1,500 branches in more than 60 cities/provinces in the Philippines. With the widest salon network in the Philippines and expanding soon in Singapore, they are on the road to becoming Southeast Asia’s largest beauty services discovery and fintech platform.

They provide their merchant partners with a world-class multi-channel ecosystem, enabling them to accept bookings and payments, not just in the Parlon app and website, but also via the biggest platforms like Grab, Google, and GCash. With their proprietary technology, they have helped their merchant partners go digital by enabling them to sell their deals online and manage their daily operations.

AI Communis

AI Communis is a Singapore-based startup with Automatic Speech Recognition (ASR) and Natural Language Processing (NLP) technologies through its flagship product, Auris AI.

Auris AI is a web-based platform that automatically generates transcripts and subtitles from audio and video files. It also translates between English and other languages, particularly Asian languages like Japanese, Bahasa Indonesia, and Hindi. Utilising its own ASR technology, Auris AI is able to specialise in Asian languages and drive down operating costs, making it more affordable for users.

In a nutshell, AI Communis is the leader in Automatic Speech Recognition (ASR) software.

Also read: 15 exciting startups make it to the 2023 TOP100

Microtube Technologies Pte Ltd

Microtube Technologies is a wearable sensing technology University spin-off focusing on soft, stretchable sensing technologies that can be incorporated for fitness, gaming, healthcare, and metaverse interactions. Its solution allows objective data capture using these imperceptible wearables, building a seamless integration between wearables and activity tracking in both the real and virtual or metaverse worlds.

ARIS is a wearable developed by Microtube Technologies Pte Ltd to revolutionise gym strength performance. Weighing less than 35g, it is capable of providing accurate and real-time muscle analysis and deriving more than 15 data metrics, including muscle expansion/contraction, range of motion, stability, control, consistency, fatigue level, power, speed, estimated 1 rep max, tempo, uniformity, rep count, total volume, and time under tension, among others.

Potioneer

Potioneer is a private chef/dinner booking platform with the most number of active chefs in Thailand, providing venue alternatives for unique dining experiences. They empower both young and veteran chefs with an inspirational course menu that showcases their identity to bigger crowds.

To serve higher demand from many diners, the team behind Potioneer aims to launch an “Open Table” feature in mid-2023 to enable chefs to accept reservations similar to omakase/chef’s table manner, not limiting to private group dinners.

The team strongly believes that Potioneer can be beneficial to many more chefs in the Southeast Asian region and hopes to grow the number of chefs to 20,000 by 2027.

24 Solution Group (Thailand)

24 Solution Group is a VC-backed one-stop maintenance and technician service platform based in Bangkok, removing all the hassles so that clients can spend more time on mission-critical business operations. Especially for business accounts, 24 Solution Group’s service extends to areas such as material marketplace, inventory management, and predictive and preventive maintenance with the integration of their computerised maintenance management system. Today, they provide a spectrum of complex and specialised services in interior, renovation, and maintenance services.

Unlike other platforms, they are not just a matchmaker between clients and agents but a real end-to-end service provider. Recognising that property maintenance is an elaborate practice that requires specialised knowledge, they have a dedicated team that controls the process from start to finish, ensuring that their services are of the highest standard. Today, their ecosystem holds more than 500 active fixer teams and 500 material vendor stores.

treasure

treatsure is a mobile platform connecting businesses with surplus food to consumers to tackle food wastage. Users can purchase a takeaway buffet-in-a-box from $10 or surplus groceries up to 80% off.

They are a Singapore-based startup tackling the problem of food wastage through its innovative technological solutions. Its flagship product is a mobile platform connecting hotels and grocers with surplus food to individual consumers. In 2018, treatsure created Asia-Pacific’s first takeaway buffet-in-a-box concept in collaboration with global hotel brands. In 2019 and 2020, treatsure also ventured into surplus and sustainable groceries respectively. In 2021, it started an offline concept store. The company also offers educational experiences and collaborates with corporate and governmental partners to drive sustainability lifestyle awareness and adoption.

BuzzAR

Based in Singapore, BuzzAR is a location-based AR solution for retail and commerce.

Since 2018, BuzzAR has been building metaverse solutions in real life (IRL) and has been uniquely positioned for luxury brands — with its clientele including regional Fortune 500 companies and government agencies. They pioneer the offline-first offline to online to offline (O2o2o) traffic platform, turning offline traffic visible to venue owners, shopping mall operators, and hoteliers.

BuzzAR escalated to global prominence with its debut at London Tech Week where thousands turned up, including Singapore’s Deputy Prime Minister, Heng Swee Keat, queuing up to play with their Pop Up Metaverse.

Also read: See how GHARAGE is empowering travel and retail at Echelon

Wallet Codes

A one-stop platform for gamers to buy digital vouchers with ease and redeem them in peace, Wallet Codes offers a wide variety of over 50 digital top-up vouchers and gift cards at affordable prices, including Mobile Legends, PUBG UC, Steam, iTunes, Nintendo, and many more.

Wallet Codes’ top priority is to facilitate fast, secure, and convenient transactions on its platforms across all payment modes. Additionally, registered users will be enrolled in their P Points loyalty reward program with any purchase. The accumulated points can be used to redeem any product available on the platform. The highlight? There are no expiry dates or redemption periods. Furthermore, Wallet Codes also offers B2B partnerships for brand distributors and resellers looking to expand their portfolios.

MedsGo

MedsGo was created with the goal of making medicines and healthcare supplies convenient for Filipinos. Founded in 2023, MedsGo is a digital service that allows customers to order these items on the web. They team up with registered pharmacies and distributors to guarantee quick access to essential medical products. Their services are continually evolving, which include same-day delivery, a telephone health line, and an online prescription option.

It is MedsGo’s ambition to become the principal e-commerce provider of medical items and healthcare essentials around the Philippines. The company seeks to revolutionise the purchasing process of medications, making it hassle-free, and dispensing without the need to queue up at a store.

MedsGo is devoted to providing a simpler way of obtaining medicines and healthcare goods. With the help of their partner pharmacies and distributors, they are committed to taking care of the medicinal needs of Filipinos. They are also making every effort to expand their products and services by including health-related assistance.

Fraxtor

Fraxtor is a real estate tokenisation platform that provides bite-sized access to global real estate investment opportunities.

The Fraxtor digital platform bridges investors and real estate investment opportunities originated by private equity managers and small to mid-sized property developers.

Fraxtor promotes financial inclusion by enabling investors’ easy access to investments with a digital platform and by lowering capital outlay. Private equity funds and developers can similarly leverage Fraxtor’s digital platform as an alternative avenue to raise funds from a pool of accredited investors in an efficient manner.

To date, Fraxtor has tokenised real estate assets worth more than US$250 million in Singapore, Australia, and the UK.

EkkBaz

EkkBaz is an innovative and dynamic B2B marketplace that connects small businesses in the agriculture and food industries across developing countries in Asia, available in Bangladesh, Singapore, and expanding. The platform leverages cutting-edge technologies and data-driven financing solutions to help small businesses grow and thrive in an increasingly competitive global marketplace.

With a commitment to sustainability and environmental responsibility, EkkBaz is creating a supportive and collaborative ecosystem that empowers small businesses to reach their full potential. By facilitating connections between suppliers, buyers, and other service providers, EkkBaz streamlines the supply chain and makes it more efficient.

EkkBaz is dedicated to supporting small businesses and promoting economic growth and development in local communities. Through its partnerships with local organisations and governments, the platform is working to identify and address the unique challenges that small businesses face in different regions and to develop customised solutions that are tailored to their needs.

Also read: Echelon: Strategies for growth equity according to industry experts

To be battled out at the 2023 Echelon Asia Summit

Watch out for these exciting startups as they battle it out on the TOP100 pitching stage at the 2023 Echelon Asia Summit happening on June 14-15 at Singapore EXPO.

The Echelon Asia Summit is a leading technology conference that brings together experts from around the world to discuss the latest trends and innovations in the industry, share expert knowledge, and provide opportunities to network with peers. The event is a must-attend for anyone in the tech industry looking to stay ahead of the curve.

Catch these startups and more at this year’s TOP100 stage! To learn more about Echelon Asia Summit 2023 and to sign up for the event, visit the official page here.

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