Singapore’s edutech accelerator EduSpaze has unveiled the six early-stage Southeast Asian startups selected for its three-month programme.
The latest batch of startups aligns with the accelerator’s programme goal of supporting the development of innovative solutions that can improve the education landscape in Singapore and the region.
The six startups were meticulously selected due to their high market potential and scalability, strong founding team, and clear value proposition while displaying great potential.
Also Read: In this age of digitalisation, is edutech a bane or boon for educators?
As part of the programme, the edutech startups would receive seed funding and mentorship from industry experts, access to a network of investors, and opportunities to expand their businesses in the region.
“The Southeast Asia region is known for its unique challenges and opportunities, making it a dynamic area for professional endeavours. This region comprises diverse countries, each with its own distinct characteristics and obstacles despite their geographical proximity. We observe varying levels of readiness for digital transformation among countries in SEA,” said Alex Ng, Managing Director of EduSpaze.
For example, with a 98 per cent internet penetration rate among students in Singapore, the Edtech Masterplan 2030 is focused on creating a seamless and enhanced learning environment for students. “However, in countries with low internet penetration rates like Cambodia, their edtech policy prioritises expanding access to quality education for marginalised communities. As such, we are committed to bolstering the growth of the eighth cohort, to foster innovation and address the diverse educational needs and capacities within the SEA region,” Ng added.
EduSpaze, operates under the umbrella of Spaze Ventures, a seed capital firm and startup incubator, and is supported by Enterprise Singapore. Now in its eighth iteration, the programme strives to empower and uplift edutech startups within the region. Past participants of this initiative include Flying Cape, ClassPoint, and myFirst.
Below are the profiles of the six startups:
Yaho Lab (Vietnam)
YAHO! is a tutor and class matching platform designed for children aged 2-12. The edutech firm connects parents with verified and trained tutors for in-home services within 24 hours, considering the child’s age, personality, interests, and individual requirements.
Edvance (Malaysia)
Edvance provides schools with a suite of school management systems aimed at digitising various aspects of school operations, such as fee collections, billing, and classroom scheduling. In collaboration with their credit partner, they address the cash flow requirements of schools by providing invoice-based lending solutions. Concurrently, it handles collections by offering parents multiple payment methods.
Also Read: Edutech in SEA is still “far behind compared to North America” – but there is some hope
Quippy (Thailand and Hong Kong)
Quippy is an AI-based platform for learning Chinese speaking skills, designed for K12 students. It’s affordable and user-friendly, tailored for K12 learners.
School On Cloud (Singapore)
SOC presents an innovative suite of learner-centred products designed to provide personalised education. Starting with FunBooks, an interactive online portal featuring e-storybooks and learning videos, SOC gathers valuable data on learners.
Safe Space (Singapore)
Safe Space fortifies mental resilience through swift and cost-effective access to high-quality mental health therapy care, available both online and offline. Additionally, the edutech offers preventive education and a customised Employee Assistance Program (EAP) that is not only hyper-local but also globally scalable.
Sala Tech (Cambodia)
Sala is a two-sided marketplace for high school students to find their path and for institutions to connect and engage more students through the school management suite. Through Sala, high school students in Cambodia can access advice, guidance, deals, information and networks to make study an enjoyable experience while connecting them to the right opportunities.
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