Kaodim , a Malaysian online marketplace for consumers seeking service professionals (e.g plumbers, decorators, movers, yoga instructors, or pest control specialists) has successfully raised $550,000 in a seed round led by , with participation from other venture capitalists (VCs) like 500 Startups .
Asia’s eCommerce industry exploded in 2014, drawing huge financings, international investors, and massive YoY growth. 2014 was an absolutely massive year for eCommerce in Asia as companies in the region raised $11.5B across 367 equity financings last year.
“The best thing women in tech can do is to invest in other women,” 500 Startups managing partner Christine Tsai told me. That’s exactly what the early-stage investment firm has been trying to do over the last five years, and it seems to be succeeding. View on techcrunch.com
Three young Singaporean techies secured $475,000 of seed money for their start-up yesterday.The enterprising trio – Mr Oswald Yeo, Mr Seah Ying Cong and Mr Looi Qin En – met when they were students at Hwa Chong Institution.They went on to study at top colleges in the United States, but dropped out last November to pursue their dream of creating an online portal to tackle global unemployment.
El pasado 10 de febrero tuvo lugar la gran final de The Venture, iniciativa de Chivas Regal para impulsar a emprendedores sociales. La convocatoria reunió más de 230 proyectos que buscan generar un impacto positivo en la sociedad y/o el medio ambiente, de los cuales cinco fueron elegidos para un proceso de aceleración de la mano de 500 Startups.
About a year ago, online education platform Coursera launched “specializations” – its version of college credentials. To graduate from the programs, students take a number of classes and then finish a “capstone” project that lets them showcase that they can put their academic knowledge into practice – similar to a senior project in a traditional college environment. View on techcrunch.com
It may be common in the U.S., but here in Asia we don’t often write about twenty-somethings pausing their education for a startup. So it’s notable that Glints, a Singapore-based startup that helps graduates enter the workforce, closed a SG$475,000 (US$380,000) seed round today.
Image: Chandrakala Basnet Pranshu Patni | 28 Co-founder, CultureAlley Category: Ecommerce Pranshu Patni, 28, is solving a problem that she faced from close quarters: Effective communication. In early 2012, her fiancé (now husband) Nishant had to relocate to Shanghai, China, for an exchange programme and was trying to learn Mandarin in a hurry. View on forbesindia.com
What kind of person comes to mind when you hear “startup founder?” How about “partner at VC”? Or “angel investor?” If you ask people walking down the street (ok, maybe not every street in the country, but perhaps in Silicon Valley or San Francisco), their first reaction may be “bro.” It’s seemingly innocent, but this prototype has had significant negative ramifications on the startup ecosystem at large. Women founders have less access to venture capital, fewer women partners, etc. [stating facts that show the dreary stats] Yet there is a clear disconnect between the people founding and fueling such innovation, and the fact that women control [95%] of consumer spending. It’s a problem. But we’re changing that. At 500, we’ve …