From speaker breakdowns, attendee numbers and exhibitor stats, here is what you can expect at #Echelon2019

Get insights from the best of the best at Echelon Asia Summit 2019. Happening on May 23-24 at the Singapore Expo. Enter promo code ECHELONFUTURE for free tickets!

It’s the time of the year again as we’re building up toward Echelon Asia Summit 2019, and here’s a multitude of reasons why you should be excited for the event on 23-24 May in Singapore!

3 stages, 65 sessions, 150 speakers

Our line-up celebrates the best of Southeast Asia’s startup ecosystem with household names such as James Chang, CEO of Lazada Singapore; Chris Yeo, Head of Grab Ventures; Blake Larson, Managing Director, Lalamove.

Hearing personally from the very people who headline the trends and happenings you’ve been reading about will be a strong indication of where the ecosystem’s headed next.

While Echelon veterans would already be familiar with the Future stage and Founder stage, this year’s conference will introduce a brand new Capital Stage.

For the ecosystem to continue growing sustainably, we will also address key issues to ensure inclusivity and accountability, discussing topics such as “#MeToo two years on; Has the tech world done enough to create a safe space for diversity and level the playing field?”.

12,000 attendees, 250 exhibitors, 10 government delegations

This year’s event is expected to comprise of 45 per cent tech startups, 25 per cent corporates and 12 per cent investors, with incubators & accelerators, SMEs, developers, students, media organizations and regulators making up the rest of the demographic.

The 50 per cent growth from last year’s 8,000 is a result of our decision to subsidize ticket prices at US$10, as we continue championing startups and inclusivity, especially for the overseas delegation who make up slightly less than half of the total attendee size.

Also Read: Meet 6 of our corporate partners who will FORGE their corporate-startup innovation at Echelon

250 exhibitors is a new record for Echelon, and we have a diverse group of companies with SaaS, Fintech and AI forming the top representation in this year’s cohort.

Echelon will also host 10 government agencies – from Singapore, Indonesia, Thailand, Vietnam, Philippines, Malaysia, Brunei, Korea, Taiwan, Kazakhstan, – who will each bring a delegation of startups to Singapore, and also attend a 5-hour closed door forum.

4,000 minutes, 320 meetings, 45 investors

Echelon Connect will continue to catalyze the region’s fundraising and deal flow activity through 15min speed-dating sessions between startups and investors in-attendance.

This programme boasts a track-record of 15% startups raising follow-on funding post-event, and participating VCs this year include the likes of Monk’s Hill Ventures, Jungle Ventures and Quest Ventures to name a few.

6,000 minutes, 200 meetings, 20 corporate partners

The newly introduced FORGE aims to drive towards tangible value and outcomes by matching startups who wish to explore business opportunities with the bigger boys, as well as organizations who are serious about their corporate innovation ambitions.

Also Read: Don’t tell anybody, but this riddle can help you get to #Echelon2019

To illustrate a few business cases – NEC Asia Pacific wants to partner startups to co-develop and go-to-market with a complete solution for “payment by facial recognition”, Dentsu Aegis Network is looking to acquire adtech and martech solutions, while PT Sampoerna is looking adopt HR tech to support 20,000 staff for payroll, leave application and other employee matters.

600 applications, 20 countries, 110 startups, 1 judges choice 

Echelon is proud to be hosting the region’s largest startup Demo Day annually on the TOP100 stage. This year, we’re showcasing 110 promising companies curated from over 20 countries and 2-months worth of qualifiers across the continent.

This programme will culminate in the TOP100 finals featuring 10 startups who will vye for EnterpriseSG’s S$50,000 StartupSG grant. Other prizes include return flights and access to Web in Travel’s boot camp later this year, day passes to Greenhouse Co-working, as well as complimentary lifetime subscription to AntiHack.me’s email spoofing solutions.

300 premier tickets, 1 seamless experience

If you can’t contain your excitement already, engage us on social media at #Echelon2019, and we’ll see you there 🙂

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Get insights from the best of the best at Echelon Asia Summit 2019. Happening on May 23-24 at the Singapore Expo. Enter promo code ECHELONFUTURE for free tickets!

Photo by Ambreen Hasan on Unsplash

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Looking to grow your portfolio or find the next big venture to support?

Looking to grow your portfolio or find the next big venture to support? Echelon Asia Summit 2019 gives you unprecedented access to the cream of Southeast Asia’s tech startup ecosystem for two whole days. Here are some highlights of activities targeted toward investors.

Showcase: Korea Startups Spotlight Hour

• What: 7 Startups from South Korea curated by Korea Mobile Internet Association (MOIBA)  will be pitching
• When: Day 2, May 2 at 10:00 AM – 11:00 AM
• Where: TOP100 Fight Club stage
• Featured startups: Daliworks, Ideaconcert, PayRaiz, Unidocs, LiveK, Toy’s Myth, and Smart Study

Showcase: Taiwan Spotlight in collaboration with e27 Echelon Roadshow and TOP100 brought to you by AsiaIOA

Founded in Taiwan, AsiaIOA is a service provider for IHLs, corporate accelerators and government innovation agencies, focused on connecting startup ecosystem between East Asia and Southeast Asia through offline event management, and program curation.

• What: 3 Startups from Taiwan curated by AsiaIOA will be pitching
• When: Day 2, May 2 at 11:000 AM – 11:20 AM
• Where: TOP100 Fight Club stage

Showcase: Kazakhstan Startups Pitching

• What: 2 Startups from Kazakhstan curated by Astana Hub will be pitching
• When: Day 2, May 2 at 11:20 AM – 11:30 AM
• Where: TOP100 Fight Club stage
• Featured startups: Clockster and ISSU

Showcase: K-Pitch Demo Day

• What: Korea International Cooperation Agency (KOICA)  Demo Day — 9 startups from South Korea and curated by KOICA will be pitching
• When: Day 2, May 24 11:30 AM – 1:00PM
• Where: TOP100 Fight Club stage
• Featured startups: Glory & Tech, ShareLight, PiQuant, NEO TOP, VUNO, Flint Lab, TreePlanet, MoreDream, K.O.A.
• RSVP here.

NEXTICORN – Next Indonesian Unicorn 2019

The NextICorn (Next Indonesian Unicorns) platform streamlines and promotes Indonesia’s most investable startups to the most capable investors domestically, and across the globe. Backed by the ICT Ministry, BKPM, AMVESINDO and EY Indonesia, NEXTICORN promotes the growth of Indonesia’s digital sector – which has attracted over USD 4 billion in Foreign Direct Investments in 2017, resulting in over $24B digital economy and directly empowered millions of SMEs in 2018.

• What: Networking and lunch
• When: Day 1, May 23 at 12:00 to 2:00 PM
• Where: Conference Room J, Singapore Expo Hall 3A
• RSVP here.

Korea Mobile Internet Business Association (MOIBA) Networking Dinner at Echelon After Party

• What: Dinner and Networking with startups from South Korea, exhibiting under MOIBA pavilion
• When: Day 2, May 24, 2019 at 7:00 PM
• Where: Canvas, 20 Upper Circular Rd, #B1-01/06, The Riverwalk, Singapore
• Featured startups: Daliworks, Ideaconcert, PayRaiz, Unidocs, LiveK, Toy’s Myth, and Smart Study
• RSVP here.

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Get insights from the best of the best at Echelon Asia Summit 2019, happening on May 23-24 at the Singapore Expo. Get your free Starter tickets here.

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The US$281-million startup facility was built in 2017 by Xavier Niel, a serial entrepreneur and founder of Kima Ventures

With an aim to attract international startups into Paris and make entrepreneurship more accessible, serial entrepreneur and investor Xavier Niel built STATION F in Paris in 2017.

Niel — the founder of telecom operator Free Mobile, tuition-free coding school 42 in France and California, and hyper-active early-stage VC firm Kima Ventures — also wanted to add more coherence and unity to the fragmented startup ecosystem.

Located in central Paris, the 34,000 sq meter building hosts an entire startup ecosystem under one roof.  The facility hosts not just local startups but startups from across the world, including Asia, such as Wishupon (South Korea).

At STATION F, you can find a startup zone with 3,000 startup desks divided into 30 different startup programmes — including Facebook’s Startup Garage, vente-privee’s Impulse and its own Founders Program. STATION F also has event spaces, offices for investors and tech companies, a makerspace, a co-working coffee-shop, and a giant food market.

A co-living space for 600 entrepreneurs is also under construction 15 minutes away from STATION F.

So far EUR250 million (US$281 million) has been invested in STATION F.

STATION F campus is divided into three zones: SHARE, CREATE, CHILL. The SHARE zone provides a variety of event spaces and services for entrepreneurs. In this space, two areas are open to the public: an Anticafé (a co-working coffee shop where you can pay by the hour) and an innovative Post office.

The SHARE zone also includes six of the eight events spaces available on campus, including a 370-seat auditorium and a ‘creativity room’ built for brainstorming sessions. All events happening on campus revolve around entrepreneurship and creativity.

There are numerous startup services in the SHARE zone, like a French Tech area that provides direct access to 35 key administrations and experts.

There is also a Tech Lab, managed by Techshop Ateliers Leroy Merlin, with 3D printers, laser cutters, and workshops.

In addition, several private offices host major tech companies like Amazon Web Services and Zendesk, and a VC areas with members like Balderton Capital, Index Ventures, Accel Partners, Alven, Ventech, Kima Ventures, and more.

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“It’s what you do in the dark that gets you in the light.”

Get insights from the best of the best at Echelon Asia Summit 2019, happening on May 23-24 at the Singapore Expo. Get your free Starter tickets here.

An interesting realities about running a startup is the fact that early decisions often impact the ability for the company to scale when it grows. A clunky product might hold back a fantastic business model. Truly global companies usually build a product that fall into the category of, “the more you use it, the more you love it”.

Once we get past the ideation stage, startups are all about company building — it’s execution over everything.

But how exactly should an entrepreneur go about ensuring their product has what it takes?

Pieter Kemps, a Principal at Sequoia Capital, will be speaking at Echelon on how early-stage startups can shape products, build for scale and create categories in Southeast Asia.

The VC will talk about what that means for Founders – and how they can build and tap their network for help, hacks and hands-on expertise.

Kemps has a long history in Product Management — having started a company in Japan at a young age. According to his company bio, he is fascinated by the idea of building something from scratch.

This requires hard work, tenacity and an ability to take feedback. Kemps mentions a quote from Michael Phelps in his bio,

“It’s what you do in the dark that gets you in the light.”

In many ways, the parallels to entrepreneurship are obvious.

The session will be moderated by Bhaskar Prabhakara, the Co-Founder and CEO of WeInvest. WeInvest is a B2B2C robo-advisory platform. WeInvest has built a platform for wealth management that it sells to institutions so they can provide the service to their customers.

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Get insights from the best of the best at Echelon Asia Summit 2019, happening on May 23-24 at the Singapore Expo. Get your free Starter tickets here.

Photo by True Agency on Unsplash

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A Facebook Founder called for the breakup of Facebook this week. Will it come to pass?

Calls to break up the big tech companies may be overdone depending on which side of the regulatory and political aisle you are on. But a loosening of the grip by Google and Facebook on the global advertising market will prove to be a good thing for a burgeoning ad tech industry.

Any time a monopoly or, in this case, duopoly is unchallenged for too long it harms innovation. That’s certainly become true of ad tech of late. Google announced earnings at the end of April and, as expected, we saw its advertising businesses increasingly pressured by newcomers like Amazon – sending the Alphabet stock down 15 per cent, its worst day decline in nearly seven years.

To be clear, I’m a fan of Google and Facebook. They’ve done amazing things for global advertising, connecting billions of consumers seamlessly to brands and marketers. But that has sometimes come at the expense of opportunities for smaller ad tech providers and would-be innovators.

The first signs of trouble for the duopoly became apparent during the previous earnings season in February, when Amazon reported that it earned more than $10 billion in 2018 income – most of which came from its advertising business. That raised eyebrows.

Indeed, Amazon’s e-commerce platform, which has a natural ability to gather consumer data, gives it an edge over Facebook. Google is more diversified with its search business and its Android mobile operating system, which powers most of the world’s smartphones. But traffic acquisition costs for Google have been very obviously rising as a percentage of revenue.

Competition is forcing both Facebook and Google’s costs up in the advertising space. With Amazon as the new competitor, we will move into a healthier state of affairs with a little bit more room for smaller ad tech players to steal slices of the giants’ pie.

I’m a strong believe that ad tech start-ups and innovators have an important role to play in the future of advertising, with a few big challenges on the immediate horizon that they can help solve.

One big challenge is around how to reduce ad loads on consumers, by which I mean how advertising evolves to continue delivering margins and profits while reducing the disruption caused to consumers. This tends to happen when ads are not delivered seamlessly in a way that flows with the content experience they are consuming, be it on a browser, TV, tablet, or mobile.

For example, rather than interrupting a consumer watching a TV show with a regular advert, a mixed reality experience prompt could be offered that invites them to learn more about a product they just saw on their favourite TV show. It could be Tesla’s latest electric car or Samsung’s new folding smartphone.

The technology already exists for the mixed-reality prompt to be delivered to the consumer’s tablet or smartphone, though the content was being watched on their TV.

Also Read: 6 Echelon Asia Summit 2019 exclusives the investor community can look forward to

Another use case could include allowing a fashion store to send a shopper, who made it to the changing room but not the cashier, a promo through social media inviting them to go back to the store to complete their purchase – with a suitable incentive. This kind of offline-to-online tracking technology already exists, but challenges remain around how to implement it in a way that is not creepy.

Ads need to become more relevant and targeted, but there is also a deeper question about the need for advertising to be reinvented altogether. If there is to be a rebirth of the industry – revolution rather than evolution – ad tech players are going to play a key role in how that’s conceptualised, achieved, and delivered.

With a more competitive advertising industry, the guys at the top (Amazon, Google, and Facebook) will be forced to innovate more quickly and aggressively in terms of what they offer the buy and sell sides. This will mean many more ad tech acquisitions and greater market incentives for breakthrough technology to be built, bought, and sold.

I’m optimistic about the end of the Google-Facebook duolopoly in advertising and so should you be – especially if you’re one of the little guys. It will prove to be a big boon for ad tech.

Also Read: (In photos) A stroll around STATION F, one of the biggest startup campuses in the world

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Photo by Glen Carrie on Unsplash

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SalesCandy just launched in Malaysia 18 months ago

SalesCandy International Sdn Bhd, a Malaysia-based salestech startup, has entered Thailand, the Philippines, Indonesia, and Vietnam. The company said it has struck multiple contracts across Southeast Asia in the first quarter of 2019 and is readying up operation in the said countries.

“With a combined population of more than 650 million and smartphone penetration in Southeast Asia are on the rise, the adoption of digital solutions and technology in sales management, are still lagging behind. We are confident that our product will help businesses improve their sales productivity by closing more sales and bringing down cost per sale.” said Stanley Chee, CEO & co-founder of SalesCandy.

SalesCandy’s product is SalesCandy LMS that features a mobile app action-based Lead Management System (LMS) with a real-time routing mechanism. This allows a salesperson to respond to enquiries coming from multiple online and offline channels within five minutes.

SalesCandy LMS (lead management system) app is currently available in four languages: English, Thai, Vietnamese, and Bahasa Indonesia.

SalesCandy claims that right now, its platform serves more property players than other sectors.

Also Read: New US$50 million venture fund launches in the Philippines

Beyond regional expansion, SalesCandy said it has a bigger vision. “We aim to create tighter coordination between the property developers, real estate agencies, and the banks, that they can use SalesCandy to shorten the sales journey of home buyers – from the point where they book a unit to getting a mortgage loan. In the next 3 to 12 months, we will centre our product rollout around developing an ecosystem that helps both our banking and property clients to bridge the missing links, improve sales service level, and ultimately, close more sales,” said Chee.
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Don’t be Jon Snow, be Arya Stark

Before you start, please be reminded that:

via GIPHY

Another day, another Game of Thrones’ appreciation post. We’ve gone through most of the episodes in this season and the last one was a letdown.

All remaining characters are regressing instead of progressing (cough Jamie cough), and yet we can’t get enough of the show.

If there is one good thing that is a silver lining of hope in all of the darkness that this show has brought upon us — literally and figuratively, it’s no doubt Arya Stark.

Allow me to gush. After the long-awaited Battle of Winterfell, we can confirm, amid the darkness, that Arya is the real hero in this saga.

Arya is consistent, quietly get the job done, and focussed. Sounds like a reliable character to have in your corner, right? You know where this is going because we’re gonna talk business now.

Arya Stark is a good business personified.

Arya means business

I did myself a service by rewatching the first episode of the first season simply because I have a soft spot in my heart for its epicness. And there she was, Arya, the teeny tiny thing that showed potential since day one.

When her privileged family put her baby boy Bran for training and her for sewing alongside Sansa, she put on some bow and showed what she’s capable of with the weapon. She made her half bro noticed her enough to forge her a sword.

So that was the start. It’s instilled in her that she’s born for this, to fight with skills. She convinced her father Ned Stark (sob) to let her train with Syrio Forel, the swordsman who famously coined the phrase “What do we say to the God of Death? Not today”. That helped her become the hero she’s meant to be.

A good business should mean business. Going into your first entrepreneurial foray should be with the same hustle Arya had that will set the tone for the entire journey. It’s the first step that always counts.

Also Read: Jakarta comes out as “challenger” to global startup ecosystems: Startup Genome Report

This is especially for you who just started: does this business you’re about to work your ass for really means business? With that being said, does it know where it wanna go with the market, the promotion tool, the audience, the sustainability plan, the monetisation, and the solution it offers? What’s your plan?

Arya has seen some horrors but never loses hope

This is rather corny, but I think a good business should walk through the valley of death and survive, come out on the other end ready to fight for another day.

Arya was there when her dad was beheaded, her first sword teacher was killed and she had to throw away her identity and her rights as a Lord’s daughter to survive. And that was just the start.

When you really believe that you have something to offer, first, second, third, and many more failures to come shouldn’t stop you. This is if you start your business with good intention and back it up with enough research and reliable data.

Arya has a to-kill list

This is my favourite. Do you have your own to-kill list?

It’s good to be organised like Arya when you run a business. Surely you aren’t meant to have one role in your life, and this way, you can have an overall clearer view on what to do next without being all over the place.

For me personally, it’s hard to keep a list and tick it all the way through the end. Arya recites her list before she goes to bed, something that she learned from the other.

It’s good exercise, what she does. Before you go to bed, check again all the things you have accomplished that day and prepare your to-kill list for the next day.

It’s hard to keep at it, sure, but the rewards of finishing a list is also a good mental health sport.

Arya is humble enough to learn from people she despises

Syrio Forel and Jaqen H’ghar are two characters most notable for their roles in grooming Arya to be a fighter. But Sandor Clegane, aka The Hound, I personally think was the one who honed Arya.

The Hound was initially on Arya’s list to kill because The Hound kills Mycah, Arya’s friend. But getting stuck together helped Arya realised the other side of The Hound that wasn’t so bad after all.

Arya even learned how to be sensible and merciless from The Hound. To cut the bullshit and just get the job done.

In business, learning moves from your opponents is crucial. Being humble enough to take what it is that they do well may seem unoriginal or downright imitating, but if you think of it as a learning process and put aside the so-called idealism, you might be surprised by what you can find.

Arya is No One

Another favorite aspect of Arya is that she’s a part of this Gods of death cult, wandered far enough to the foreign land of Braavos to join the training under faceless man Jaqen H’ghar and to essentially become No One.

Arya was forced to completely strip her identity, became blind, and couldn’t really emphatise with people outside the cult as she is molded into an assassin.

Arya’s situation, of course, couldn’t be translated literally into how you should run a business. Becoming no one in business means to work on your part quietly and diligently, to keep going with the pace and not rush things, because your business could use a level-headed runner.

Like Arya, treat each experience as training until you get good enough to let other people chime in and accelerate.

Arya is true to herself

In the end, Arya couldn’t really make it through the faceless man training without keeping her identity when it should be otherwise. She ended up not killing Lady Crane, when the murder assignment was given to her by Jaqen H’ghar. So, she could not become a faceless man herself because she couldn’t kill an innocent person.

She is and will always be Arya Stark, the girl who isn’t meant to be a lady and therefore must reject Gendry’s cute proposal in the last episode. She knows what she is and how she wants to live her life, and she’s never got carried away in what other things offer.

In doing business, even after winning and learning, in the end a business needs to go back to its original mission. Unless the survival requires a drastic change, the true mission that can carry the whole company forward should be at the core of everything the business is doing.

Also Read: New US$50 million venture fund launches in the Philippines

If that’s not the case then it will be easy for the business to not be able to withstand challenges that come with growth and to fall apart.

As most of our Game of Thrones’ protagonists, Arya, of course, is not without shortcomings. Despite coming so far and growing so much that she can now co-exist with her sister Sansa after growing up looking down at her, Arya is merciless for her own good and at times can come across as cold-hearted.

This is of course not a good trait of business owners, but her badassery made up for it.

Here’s to businesses becoming more like Arya Stark, the no-nonsense, true hero of the Seven Kingdom.

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Startup Genome has released its latest Global Startup Ecosystem Report, unveiling new categories

Jakarta, the capital city of Indonesia, has come out in the list of global cities that are set to challenge the domination of global startup ecosystems such as Silicon Valley and Beijing, according to the latest Global Startup Ecosystem Report by Startup Genome.

Launched at The Next Web Conference, the report included the list of 12 global cities (“Challenger”) that are currently not included in the main top 30 global startup ecosystem list, but is believed to have the potential to make it to the main list in the next five years.

Topping the list is Greater Helsinki, followed by Hangzhou and Jakarta.

As a region, Asia Pacific dominated the list with seven cities, followed by Europe with two cities.

According to the report, key characteristics shared by the Challenger cities are: Regional leadership and sub-sector leadership.

Also Read: Startup Genome: What you need to know about the Singapore startup ecosystem

In the general global startup ecosystem list, the only Southeast Asian city to make it to the top 15 list was Singapore at 14, which was down two positions from last year.

While the city state ranked first in terms of aspect such as connectedness, it ranked fourth in terms of funding, market reach, and knowledge.

The rise of deeptech

In addition to ecosystem rankings, the report also revealed the fastest growing category in the startup industry: Deep tech, or sub-sectors that “require tangible IP to success.” For example: Life sciences, robotics, or AI.

“Nearly half (45 per cent) of startups being created globally now are in deep tech-related sub-sectors -twice the share they made up in 2010-20115. Moreover, the four fastest growing startup sub-sectors are all deep tech-related,” the report stated.

It also stressed that the rise of deep tech provides a “real opportunity” for growth based on each startup ecosystem’s existing strengths.

Also Read: Genetic testing startup Nalagenetics raises US$1M pre-seed funding round

“Places that would not be anywhere close to the top ecosystems in software have the potential to build a thriving startup economy leveraging their universities, research capacity, and traditional economy strengths. For instance, while Lausanne-Bern-Geneva, San Diego, and Munich are not among the best software startup producers, they all made it into the top 30 global startup ecosystems thanks to their performance in deep tech and life sciences factors,” the report further explained.

“Other ecosystems like Seoul and Tokyo — both massive patent creators — are Challenger ecosystems with a real chance of being part of the top 30 ecosystems of the future,” it continued.

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Image Credit: Franck V. on Unsplash

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15 more exhibitors to showcase their groundbreaking ideas at Echelon Asia Summit 2019!

There are lots of great reasons for you to come to Echelon Asia Summit 2019! With more than 12,000 people attending from over 30 countries, the Echelon Asia Summit brings together a full-range of personalities across the field of tech: from tech enthusiasts, to up-and-coming startup founders, and even to leaders and experts! This makes Echelon Asia Summit 2019 the perfect opportunity for you to brush elbows with potential future partners, investors, colleagues, or other like-minded people who might appreciate your ideas!

More than 120 speakers will also be sharing key insights on emerging trends and disruptive technologies across four key stages, namely: Founder stage, Future stage, Capital stage, and the top 100 stage—where 100 of the most promising startups will be pitching live!

Also read: 16 more Exhibitors to WOW you at Echelon Asia Summit 2019


And finally, one of the key features of Echelon Asia Summit 2019 is how it will showcase some of the most brilliant startup products in the region. With 300 exhibitors that will sprawl all over Singapore Expo, participants can witness firsthand how these companies are changing the world.

So without further ado, here is the sixth set of Echelon Asia Summit 2019 exhibitors!

 

Muuve

 

Muuve is a local startup founded by a group of Cambodian youths initiated with the aim to provide people
with busy lifestyles easier, more time efficient, and more convenient ways to complete tasks.

 

Screea

 

Screea is a universal cashback loyalty platform where users can both earn and spend points globally, online and offline.

 

Baypay

 

Baypay is a blockchain payment service provider that helps you send and receive money through the Blockchain.

 

Dipp

 

Dipp is an A.I. powered design platform that instantly generates digital marketing content for Facebook, Instagram, DSP and more.

 

New Day

 

New Day is a smart, mobile solution for non-executive hiring and professional training.

 

Flexible Pass

 

Flexible Pass is a fitness pass for access to fitness activities.

 

Wika Media

 

Wika lets people enjoy movies, TV shows, or videos—in their own language.

 

TracknRoll

 

T&R aims to provide an affordable and easy to use solution that helps SMEs overcome their daily HR challenges.

 

DRVR

 

DRVR helps transform driving data into revenue.

 

Social Light

 

Social Light empowers low income communities through subsidized and/or free internet connectivity.

 

SalaTech

 

SALA aims to transform and automate the educational system for better quality education.

 

Parakerja

 

Parakerja is a platform for job training for people with disabilities.

 

Blyng

 

Blyng is an AI Virtual Agent for Real Estate that converts online audience into qualified sales lead 24/7.

 

True Digital Park

 

True Digital Park is an interconnected startup ecosystem that powers Thailand to become a global hub for digital innovation.

 

ConnectUpz

 

ConnectUpz redefines customer loyalty by changing the way businesses communicate with their customers and increase repeat sales.

Where to get tickets for Echelon Asia Summit 2019?

Catch this stunning set of companies showcase their brilliant work and more at the Echelon Asia Summit 2019! The event is happening from 23 – 24 May, at Hall 3A, Singapore Expo, 1 Expo Drive, Singapore. We don’t want you and your team to miss out on the important insights that will be shared by our speakers there, so get your Echelon Tickets today!

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Apart from two news updates from Uber, we also have updates from Antler and SoftBank Ventures Asia

Uber IPO values the company at US$82.4B – New York Times

Ride-hailing giant Uber priced its IPO on Thursday at US$45 a share, near the bottom of its expected price range, New York Times reported.

The company was valued at US$82.4 billion and raised US$8.1 billion from this IPO.

According to the report, the numbers will be a “disappointment” to investors, executives, and supporters who have been having high expectations for the company.

Set to begin trading on on New York Stock Exchange on Friday under the symbol UBER, the company will still have a market capitalisation of its IPO that is beaten only by Chinese e-commerce giant Alibaba (US$168 billion in 2014) and Facebook (US$104 billion in 2012).

Uber partners with Yulu to enter India’s bike-sharing market – Tech In Asia

Uber announced a partnership with Indian bicycle-sharing platform Yulu to mark its entry to the country’s bike-sharing market, Tech In Asia reported.

Uber will provide its users in Bangalore an option to book Yulu e-bikes and bicycles through its app as part of a pilot. However, Yulu’s app will not be integrated into the Uber app.

The ride-hailing giant also did not disclose any financial details of its partnership with Yulu

Uber, which is set to start publicly trading today, did not disclose any financial details about its tie-up with Yulu.

Also Read: Today’s top tech news, April 26: Uber aims for US$80B-90B valuation in IPO

SoftBank Ventures Asia to invest in Indian fintech, AI, healthtech startups – Deal Street Asia

SoftBank Ventures Asia, which had recently launched a US$500-million fund, is scouting for early-stage investments in Asia, particularly India, according to a Deal Street Asia report citing anonymous sources.

The firm is looking to invest US$10-20 million to companies in the healthcare, fintech and artificial intelligence sectors.

While SoftBank is known to make late-stage investments through its SoftBank Vision Fund, with SoftBank Ventures Asia, it aims to focus on early stage investments.

Antler launches in East Africa – Press Release

Startup generator and early stage venture capital (VC) firm Antler today announced the launch of its programme in East Africa, particularly Ethiopia and Kenya.

The programme’s entry to the continent followed its operations in Singapore and Stockholm.

Founded by Zalora co-founder Magnus Grimeland, Antler’s team includes first employee & CTO of Spotify Andreas Ehn and former US Treasury Secretary Larry Summers.

Antler also supports entrepreneurs build disruptive tech companies by providing US$1,500 (for Africa) a
month in phase one of the programme, in addition to a US$100,000 investment offered to each of the most
successful graduates of the programme.

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Image Credit: Aditya Vyas on Unsplash

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