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East Ventures announces new $28m fund for Southeast Asia
As 2017 kicks into full swing, Singapore-based VC East Ventures today announced its fifth fund worth US$27.5 million for investing in early-stage Southeast Asian startups. (Disclosure: East Ventures...
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PhonePe digital wallet has big goals beyond parent Flipkart
Photo credit : wirojsid / 123RF. Mobile payments startup PhonePe, which Flipkart bought last year, has set its sights high this year. In the process of launching the country’s first Unified Payments...
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Japan’s corporations want to work with your startup. Meet the matchmaker.
Photo credit: Tohmatsu Venture Support. Japan’s wealthy corporate venture capital firms are looking for a new target, and they’ve got their eyes set on Asia. They face tough competition. According to...
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‘Uber for trucks’ hauls $840k seed funding for Southeast Asia rollout
Photo credit: PublicDomainPictures.net. Uber for truck deliveries startup Ezyhaul has raised roughly US$840,000 in seed funding to expand its market presence this year. The Singapore-based firm’s...
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10 software engineering jobs to watch this week
Looking for opportunities in software engineering? We have handpicked 10 jobs for you this week. Click on the links below and apply away! Recruiting and keen to list your jobs in future articles?...
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House cleaning! Flipkart’s logistics head, 2 others quit after new CEO takes...
Saikiran Krishnamurthy, who was moved from his post as head of supply chain when Flipkart got its new CEO on Monday, is quitting the company along with two other senior executives. According to The...
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Rocket Internet is getting into the temp recruitment business
Photo credit: andreypopov / 123RF. German startup leviathan Rocket Internet may have had a mixed 2016, but that’s certainly not preventing it from continuing to invest in new companies. The latest...
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Singapore’s BitX lands in London to ride the global bitcoin wave. Oh, and...
Photo credit: Giphy. Singapore-based bitcoin startup BitX announced today it’s setting up an office in London to build up its presence in Europe’s fintech world. And it will be doing so under a new...
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4 rising startups in India – Jan 11, 2017
Photo credit: Pexels. Startup funding is gaining steam, and the beneficiary sectors are as diverse as a rainbow. From a co-working space to healthtech to a driving school aggregator, today’s list is...
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Why is a turnaround expert joining Snapdeal?
Former Housing CEO Jason Kothari is joining Snapdeal. Photo credit : Snapdeal. Remember Jason Kothari? The guy who was sent to Housing to straighten the house, and lied about the company’s acquisition?...
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Netflix competitor Hooq raises $25m from Singtel, Sony, Warner
Photo credit: Terence Lee. Hooq, a Netflix competitor in Asia, raised US$25 million from its existing investors Singtel, Sony Pictures, and Warner, Techcrunch reports. The streaming service –...
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China’s biggest messaging app is on a collision course with Apple
Apple’s Tim Cook versus Tencent’s Ma Huateng. Photo credit: Pando, Bloomberg. Apple’s App Store is a US$28 billion business – of which Apple itself pocketed a tidy US$8.4 billion in 2016. With 2.2...
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The struggle is real in college. A product discovery portal just raised...
Ah, college life. Years of being stuck in the crack between adolescence and independence. For many students, their time in university means pinching every penny until it squeals and cries. Your...
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5 big Chinese investments into Indian startups in 2016
Photo credit: goinyk / 123RF Stock Photo The close of 2015 seemed to leave the next year wide open for collaboration between larger Chinese companies and Indian startups – a handful of Indian startups...
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10 marketing jobs: Rocketium, CrescentRating, Ziptango and more
Looking for opportunities in marketing & public relations? We have handpicked 10 jobs for you this week. Click on the links below and apply away! Recruiting and keen to list your jobs in future...
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How to scale your business across Indonesia’s remote islands
Deni Sugiarto steers the minivan down a deserted road in western Sumbawa toward the regency’s capital, Sumbawa Besar. Equipment rattles around in the trunk as we fly past nondescript towns, separated...
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Xiaomi avoids talking falling phone sales, aims at $14b revenue in 2017
Lei Jun launched Xiaomi’s first phone in 2012. Photo credit: Xiaomi. Xiaomi boss Lei Jun today talked in detail about the Chinese gadget maker’s year – but he studiously avoided revealing precisely how...
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Neighborhood app Nearcircles forays into Indonesia with $1m funding
Photo credit: saiko3p / 123RF. Nearcircles, the app that lets people create private social networks with others who live in their neighborhood, has raised US$1 million in a pre-series round to grow its...
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Dave McClure and Marc Benioff are helping build Gaza’s first coding school
Coworking space in Gaza. Photo credit: Gaza Sky Geeks. The Palestinian territory of Gaza might make headlines for all the wrong reasons but it’s stated to have one of the highest levels of education...
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This IoT startup disrupts GPS tracking, gets Deutsche Telekom backing for...
These Storm Troopers got their shipment of new weapons right on time. A quick search on Alibaba will show you over 9,000 GPS tracker devices. And yet, Roambee, a startup based in Mumbai and Santa...
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