Singapore-based Accelerating Asia unveiled the eight startups graduating from its latest cohort (cohort 9), who will pitch to an audience of investors worldwide on demo day on January 31, 2024.
Spread across 100 days, the programme includes master’s classes, mentoring with Accelerating Asia Ventures’s entrepreneur-in-residence, pitch nights, and other events that were capped off with an in-person retreat in Bali, Indonesia, for one week of intensive learning from mentors, facilitators, and program administrators.
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The eight graduates — coming from six markets across Southeast Asia (Singapore), South Asia (India, Sri Lanka, Pakistan, Bangladesh), and East Asia (Japan) — saw an increase in average monthly revenue from US$13.2,000 to US$51,000. They also received investments from Accelerating Asia Ventures Fund 2.
The cohort 9 of Accelerating Asia graduates are:
BrickandMortar.AI: it connects its AI system with existing CCTV infrastructure and churns out real-time actionable intelligence that solves business problems.
Auptimate: a platform which makes it easy to set up and operate special-purpose vehicles.
Interactive Cares: a virtual Edtech company that creates employability for millions of unemployed youths in emerging markets.
Mintpay: a shopping aggregator that simplifies shopping decisions and offers flexible payment options, cashback rewards and voucher discounts.
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Noapp: an AI-driven platform that aims to empower businesses to market and launch their products built with the official WhatsApp API.
ORKO: a software provider for electric vehicle manufacturers & fleet operators and charging station/battery swapping station operators.
PEEL Lab: a B2B greentech manufacturer of plant-based leather made out of leftover pineapple leaves.
UXArmy: the startup enables organisations to understand customer needs and create delightful experiences backed by automated user research and AI.
Accelerating Asia Ventures will also begin recruiting for its next cohort of startups soon. Startups interested in joining the accelerator programme and becoming part of Cohort 10 can apply here.
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