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Crafting compelling narratives: A communication workshop for TOP100 Semi-Finalists at Echelon Asia Summit 2023

Calling all TOP100 Semi-Finalists! Join us at the Echelon Asia Summit 2023 Communication Workshop for Startups on May 30, from 11 AM to 12.30 PM. Hosted by PRecious Communications, this engaging session is designed to empower founders like you to conquer funding challenges and elevate your communication skills to new heights.

This interactive workshop will provide invaluable insights and best practices to help startups navigate the complex media landscape in Southeast Asia. Led by Prayaank Gupta, VP of Growth & Innovation, and Daniel Tan, Director at PRecious Communications, founders will gain expertise in key areas for startup success.

Learn to identify and analyse your target audience, tailoring your messaging for maximum impact while gaining a deeper understanding of their preferences and needs to deliver compelling narratives that resonate. Discover the art of captivating storytelling to communicate your startup’s vision, values, and unique selling points, distilling complex ideas into engaging stories that leave a lasting impression. Develop a strong message house foundation for clear and concise communication, effectively structuring your messages to highlight your startup’s value proposition and deliver your pitch with clarity and impact.

Also Read: Cracking the PR code: A PR blueprint for startups

Additionally, take advantage of networking opportunities to connect with like-minded entrepreneurs, share experiences, and foster valuable connections for your startup’s growth journey.

Don’t miss this exclusive opportunity to enhance your startup’s communication prowess in preparation for Echelon 2023. Elevate your pitch, overcome funding challenges, and amplify your communication impact in Southeast Asia’s startup ecosystem.

Invitations have been sent out to all the TOP100 program semi-finalists.

Elevate your startup’s communication and stand out in Southeast Asia’s competitive startup landscape. See you at the workshop!

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: Miguel Henriques on Unsplash

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Volkswagen backer QIA joins women-led B2B SaaS unicorn Insider’s US$105M funding round

Insider CEO and Co-Founder Hande Cilingir

Insider, an online platform for building individualised, cross-channel experiences, has announced an up to US$105 million investment from existing investors Qatar Investment Authority (QIA) and Esas Private Equity.

The latest investment takes the Sequoia Capital-backed Insider’s total funding to US$274 million.

Insider CEO and Co-Founder Hande Cilingir said: “These funds will be used exclusively for the purpose of acquiring exceptional product companies in APAC, including Singapore, to complement our technology further and create product synergies.”

“The response from the market, and our customers, following Insider’s acquisition of MindBehind, earlier this year, has increased our appetite to explore further opportunities to acquire unique organisations with industry-first technologies to better serve our customers, drive more value, and source innovative solutions to marketers’ biggest frustrations and challenges,” he added.

Also Read: B Capital believes in startups, corporates collaboration to bring decarbonisation efforts forward

Insider is a woman-founded, women-led B2B SaaS unicorn. The firm enables enterprise marketers to connect customer data across channels and systems, predict their future behaviour with an AI intent engine, and build individualised customer experiences. The firm claims the platform enables marketers to deliver consistent and engaging experiences across web, app, web push, email, SMS, and WhatsApp Commerce.

Since its launch in Singapore ten years ago, Insider has won several notable clients in the city-state, including Watsons, Pizza Hut, and Lancome.

Globally, the firm works with 1,200 global businesses, including Singapore Airlines, Estée Lauder, Virgin, Toyota, New Balance, IKEA, GAP, L’Oreal, Samsung, Vodafone, Allianz, Santander, BBVA, Pizza Hut, Newsweek, MediaMarkt, Nissan, AVIS, MAC, Marks & Spencer, Madeira Madeira, Avon, and CNN.

Tunc Bolluk, Managing Director of APAC. “This investment opens up countless opportunities for strategic acquisitions right here in Singapore, and we are actively looking to hire the best local talent the industry has to offer, as we grow our team and create more jobs. We can fuel product innovation by acquiring companies with industry-leading solutions to help marketing and ecommerce leaders, drive more value and growth from their customer experience initiatives.”

In March last year, Insider secured US$121 million in its Series D financing round and became a unicorn.

QIA, the sovereign fund of the Qatar government, is the backer of Volkswagen and Barclays.

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.

The post Volkswagen backer QIA joins women-led B2B SaaS unicorn Insider’s US$105M funding round appeared first on e27.

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I use strategies such as diversification to manage risks: Blockchain expert Anndy Lian

Amidst the challenges of a tough funding climate, e27 is launching an exciting new article series called Angel’s Advocate to provide fresh perspectives on angel funding. In this exclusive series, we sit down with prominent angels to hear their stories and strategies and gain unique insights about the early-stage financing space.

Anndy Lian is an all-rounded business strategist in Asia. He has provided advisory across various industries for local, international, and publicly listed companies and governments. He is an early blockchain adopter, serial entrepreneur, author, investor, board member, and keynote speaker.

In this edition, Lian shares his take on angel funding.

Edited excerpts:

How do you typically approach investing during a funding winter?

I would put my eggs into different baskets. In one of my baskets, I will focus on companies with solid fundamentals and a proven track record of generating revenue and profits. This kind of investment tends to be on the safe side, longer term, and returns may not be fantastic.

Then in my next basket, I will find low-valuation, high-potential startups with the right fundamentals to invest in. Crypto companies fit into this category nicely.

What are your typical investment criteria, such as industry, stage, and geographic location?

Investment criteria do not cover everything. It gives me guidelines that my team and I can use to filter out bad companies. In the current state of the market, I only look at tech companies, mainly in the cryptocurrency and blockchain industries. If they are more infrastructure-like, I do not mind investing in them at later stages. If the project is one of a kind, I would like to invest as early as possible, maybe pre-seed. If the project is more hype-driven, I will invest when the volume picks up. 

Can you describe your investment process from initial contact to closing a deal?

First of all, the initial contact. We may learn about a potential investment opportunity through their personal network, a pitch event, or by contacting the company seeking funding directly. Then followed by screening. This process is a deeper level of evaluation where we will have longer calls to look for investment alignment.

We will go through the due diligence process if they pass this stage. We will conduct more in-depth research and analysis to evaluate the company’s business model, management team, financial performance, and growth potential. This process is the most important to me. The chance to interact with the team would be one of the key things.

The next stage would be negotiation. If we decide to move forward with the investment, we will negotiate the terms of the deal with the company, including the amount of funding and the valuation.

Once all parties have agreed upon the terms of the deal, legal documents will be prepared and signed to finalise the investment.

Also Read: Do not treat the pitching process as a transaction, angels are not ATMs: Yi Ming Kau of Krux Asia

How do you evaluate a startup’s potential for growth and success?

Evaluating a startup’s potential for growth and success can be challenging, as many factors can impact a company’s future performance. I look at the market opportunity, business model, management team, financial performance and competition.

How important is the founder’s experience and background when making investment decisions?

Well, it is definitely important. The founder is the brain and creator of the company. If the main driver does not have the experience and background, the outcome would generally be disastrous.

Can you share your successful investment and what made that investment successful?

So far, crypto investments are the most successful in my portfolio. At crazy times, meme-coins can also be a potential 100X gem.

What are some common mistakes that startups make when pitching to angel investors? What are some myths about angel investment?

Some common mistakes that startups make when pitching to angel investors include not understanding the needs and goals of angel investors, failing to clearly articulate the value proposition, relying too heavily on financial projections, not doing enough research on potential investors, and not having a multi-faceted marketing strategy.

Another mistake is sending your executive summary or business plan unsolicited. Many investors do not read unsolicited emails and prefer a referral from someone in their network. It’s also important to do your homework on the investor and ensure your company is aligned with the investors’ objectives.

Also Read: Pure ideas with no executions to prove do not attract savvy investors: Shao-Ning Huang of AngelCentral

How important is the alignment of values between the investor and the founder?

The alignment of values between the investor and the startup founder is crucial. Ideally, your investors should be experts in your field or sector so that they not only understand the costs, time-to-market, and potential pitfalls of your vision but can also connect you with the right people and resources to help you achieve it. It’s important for the investor to spend some time understanding the skills and capabilities of startups.

How do you manage risks when investing in startups? Are there any specific metrics or indicators you look for?

Investing in startups is risky, but it can be very rewarding if the investments pay off. Most new companies or products do not make it, so the risk of losing one’s entire investment is a real possibility.

To manage risk, I can use strategies such as diversification, which refers to spreading my investments over a variety of assets with the aim that a portfolio of lowly-correlated assets does not all move in the same direction at the same time or even if they do move in the same direction, it should at least be by different degrees.

Can you share any advice for startups looking to raise funds from angel investors?

My humble advice to startup owners is to develop a business plan before approaching someone about funding. Put in writing what the investor is offering the business outside of funding because many angel investors expect to contribute their time actively to startups in which they invest. Establish roles.

It’s also important to create a strong, thorough, and engaging investor pitch deck and guidance on presenting to angel and venture capital investors.

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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Zendesk: Customer experience leader will be at Echelon!

Echelon

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

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.

A partnership is a critical aspect of any successful endeavour, and the upcoming Echelon Asia Summit 2023 is no exception. With the Asia Pacific tech conference happening in Singapore EXPO on June 14-15, 2023, sponsors are playing a crucial role in ensuring its success.

Also read: Echelon: Achieving a sustainable model according to Kumu

Echelon Asia Summit 2023 is one of the premier events for technology professionals, bringing together experts from around the world to share knowledge and discuss the latest trends and innovations in the Southeast Asian tech startup ecosystem. This year’s conference will feature keynote speeches, panel discussions, and workshops on a wide range of topics, including artificial intelligence, blockchain, digital healthcare, and other emerging digital trends.

How these partners are helping us give you the best Echelon experience ever

Sponsors play a critical role in ensuring the success of the Echelon Asia Summit 2023 in several ways. Firstly, they provide various forms of support and coverage for the various activities and features that make the summit such an exciting and meaningful experience for attendees.

Moreover, sponsors bring their expertise and experience to the table, providing attendees with unique perks. By leveraging their networks and marketing channels, sponsors also help bridge the event to wider audiences, enabling access to valuable insights for different demographics.

Also read: Six ecosystem innovators to watch out for at Echelon 2023

One of the key roles of sponsors is also their presence at the actual Echelon Asia Summit. This provides attendees with the opportunity to network with them and get to know their products and services, which is an essential aspect of Echelon’s purpose as an ecosystem enabler that connects all stakeholders together. By supporting the Echelon Asia Summit 2023, founders can connect with other professionals, investors, and startups in the tech industry, forging new partnerships and collaborations that can drive business growth and success.

As such, e27 is proud to announce Zendesk as one of its sponsors for the 2023 edition of the Echelon Asia Summit!

Meet Zendesk at Echelon Asia Summit 2023!

Zendesk is the leader in Customer Experience (CX) that helps businesses unlock the power of their customer interactions. Zendesk delivers smarter experiences across the entire customer journey through its integrated, seamless suite of services operating on the latest Web 2.0 technologies and Zendesk’s design philosophies. Businesses, agents, and consumers all benefit from the power of everyday interactions thanks to Zendesk’s industry-leading solutions and expertise.

Zendesk helps businesses unlock this power with personalised experiences, an open and flexible platform, advanced AI and automation, and the data and tools needed to make important decisions in real time.

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

Zendesk’s mission for the APAC startup ecosystem is to create a programme built for growth. Zendesk makes it easier for businesses to support their customers using Zendesk’s customer service, engagement, and sales CRM solutions. Moreover, qualifying early-stage startups get Zendesk free for six months.

At the Echelon Asia Summit 2023, Zendesk hopes to meet as many startups and VCs with the hope of building meaningful partnerships and collaborations that can yield impactful results.

Join Echelon Asia Summit 2023

Get to know Zendesk and more at this year’s Echelon!

Echelon Asia Summit 2023 is happening on 14-15 June, at the Singapore Expo. Featuring a slew of speakers, exhibitors, business matching sessions, pitching stages, and more, the event enables participants to connect, network, and engage with the larger tech startup ecosystem.

To learn more about Echelon Asia Summit 2023 and sign up for the event, visit the official page here.

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Removing barriers to collaboration, Zoom aims to further explore the use of AI

Lucas Lu, Head of Asia, Zoom

During the COVID-19 pandemic, it seemed impossible to find a person who had never used Zoom to support their remote working setup. As travel became limited and team members were confined to their residences, more and more people embraced the use of the video communications platform to connect with colleagues and business partners.

In addition to turning it into a household brand, how does this affect how Zoom innovates through its products?

“Over the last few years, people around the world have started to rethink what makes them happy. This includes their priorities at work. We need to remember that humans are not workers; we are people who work. This may seem like a small difference, but at Zoom, it is at the heart of everything we do,” explains Lucas Lu, Head of Asia, Zoom.

“As such, we’ve doubled down on helping organisations create happiness at work as they relook how, when and where work happens. We are focused on helping remove barriers, lowering stress and providing tools that work best for employees, their lives and their workflows. The results we have seen are encouraging: organisations tell us that employees feel happier, and more empowered because they are able to focus on what matters to them.”

Lu states that ultimately, Zoom believes that it is less about the “future of work” and more about the shifting strategies around work collaboration.

Also Read: ‘Co-working spaces should introduce new tech tools to cater to hybrid, remote workers’

“Distributed workforces are not new, and the need for flexible work tools has always been there. The last few years have just accelerated the importance of fostering better collaboration among employees – no matter if they are working from home, at an office, or in a different country,” he states.

In this email interview, e27 catches up with Zoom to find out about the next innovation that the company is working on, particularly with exciting technologies such as AI. The following is an edited excerpt of the conversation:

What is the most significant milestone that your company has made recently?

At Zoom, we see artificial intelligence (AI) as the next industrial revolution in the workspace.

Many of the existing Zoom products that our users know and love already incorporate AI, from the virtual backgrounds and gesture recognition of Zoom Meetings to our conversation intelligence solution Zoom IQ for Sales.

Most recently, we have taken that to the next level with the enhancement of Zoom IQ, our next-generation AI smart companion that will empower collaboration and unlock the potential of a flexible workforce by summarising chat threads, organising ideas, drafting content for chats, emails, and whiteboard sessions, creating meeting agendas, and more.

For example, teams will be able to simply open up a whiteboard session to collaborate on a product launch, and have Zoom IQ generate a list of ideas based on text prompts. Once the meeting ends, Zoom IQ will be able to send the meeting summary to Zoom Team Chat, with suggested action items for owners to take on.

Ultimately, the upcoming features of Zoom IQ will help employees focus on what matters by streamlining workflows. The time saved from, for example, finding the notes about a meeting missed, or catching up on unread chats – can be put to unlocking greater collaboration within teams and innovation to deliver better experiences to their customers.

Also Read: Is remote work the answer to tech’s layoffs?

What opportunities do you aim to seize this year? Any particular trend or vertical that you are interested in?

With CX now critical to companies’ bottom lines, our priority at Zoom is to help customers reimagine their CX roadmaps across various verticals including healthcare, education, and financial services.

The key to success in today’s economic landscape is resiliency, and businesses will need to double down on driving a differentiated customer experience as a priority. Being able to acquire and retain customers is a source of competitive advantage for organisations and helps to build brand loyalty in the long term. Leaders need to invest in the right technologies that can help consolidate business communications across employees, customers, and partners.

Where CX is concerned, this increases convenience and ease of use for customers who can now enjoy a seamless, end-to-end customer journey all within one interface. We developed Zoom Virtual Agent to help organisations with delivering the fast yet personalised experiences customers want. As an intelligent conversational AI and chatbot solution, Zoom Virtual Agent was able to work around the clock to resolve support queries quickly and accurately. For employees, streamlining day-to-day workflows can allow them to devote more time to creativity and innovation, which can also have positive implications for CX.

Our omnichannel cloud contact centre platform, Zoom Contact Center, which will generally be available to Asia later this year, is another example of our platform-first innovations seeking to provide customers with an all-in-one Contact Center as a Service (CCaaS) solution. This can deliver tangible benefits to organisations both in terms of cost savings and enriching CX.

A recent report from Metrigy showed that organisations that integrate unified communications with an omnichannel contact centre gained significant benefits, including improvements of up to 36 per cent in customer satisfaction ratings, in addition to 29 per cent reduction in operational costs.

Also Read: Building successful remote teams: Navigating cultural differences between Southeast Asia and the world

What is your major plan this year?

People are central to the success of any flexible work model. For Zoom, that means providing our customers with new ways to keep their employees informed, engaged, and connected, no matter where they work.

Most recently, we announced the acquisition of Workvivo, a modern, feature-rich employee experience platform. With Workvivo’s advanced internal communication and engagement tools, social intranet, and employee app, all blended into one central hub, we can offer our customers the best-in-class solutions they need to unlock the potential of their employees and evolve their company culture in a hybrid world.

Part of our focus on helping organisations improve employee experience is in leveraging AI to support enhancing human connection in the workspace. This is why we are rapidly expanding our Zoom IQ capabilities to offer more innovative solutions powered by generative AI. From composing emails and chats to generating chat summaries – many of these features coming later this year, we hope to bring the power of AI directly to our users.

Earlier this week, we also announced our investment in Anthropic, an AI safety and research company. This is set to boost Zoom’s federated approach to AI by allowing Anthropic’s AI assistant, Claude, to be integrated with Zoom’s platform (which includes Team Chat, Meetings, Phone, Whiteboard, Zoom IQ), starting with Zoom Contact Center.

Our approach to AI is no different than our approach to everything else: with care and with a commitment to empowering our users to save time so they can have more meaningful connections and collaboration opportunities.

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: Zoom

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