VMoney aims to create a single electronic payment platform for all transactions in the Philippines Though providing simplicity and immediacy, the use of cash for frequent transactions can be risky, costly, and inefficient for consumers and businesses. Presently, 90 per cent of transactions in the Philippines are still cash-based. The inherent risk that cash carries and the…
Business
5 ways Asia is leading the charge in mobile for 2015
Dan Neary, the Vice President – APAC, Facebook shares his thoughts on the massive mobile opportunity in Asia 1. APAC is a primary region of growth An indication of how fast our region is growing can be seen from the latest quarterly earnings report — Asia saw 28 per cent year-on-year (YOY) growth in Daily Active…
BookMyShow takes majority stake in social media analytics firm Eventifier
BookMyShow is an India-based online entertainment ticketing platform The deal size is pegged at US$1-US$2 million Eventifier’s investors Kae Capital and Accel Partners have exited with this deal The money will be used to fulfill social needs in the cinema and events space BookMyShow.com, a leading online entertainment ticketing venture in India, has acquired majority stake…
VMoney launches digital currency E-Peso for the Philippines
VMoney aims to create a single electronic payment platform for all transactions in the Philippines Though providing simplicity and immediacy, the use of cash for frequent transactions can be risky, costly, and inefficient for consumers and businesses. Presently, 90 per cent of transactions in the Philippines are still cash-based. The inherent risk that cash carries and the…
Finance
Former Infosys and Wipro CFOs back Indian startup CimplyFive
CimplyFive offers cloud-based compliance and risk management solutions to enterprises Investors participated in this round include Mohandas Pai and Suresh Senapaty, former CFOs of Infosys and Wipro, respectively Funds will be used for marketing and product development Bangalore-headquartered CimplyFive Corporate Secretarial Services, a startup that offers cloud-based compliance and risk management solutions to enterprises, has bagged an…
Real estate crowdfunding site CoAssets secures US$800K
Real estate crowdfunding site CoAssets raises US$800K in Series A round Values company at US$9.5 million Round was led by private investors Funds will be used to support platform enhancements and regional expansion CoAssets, Singapore-based real estate group buying and crowdfunding platform, announced today that it has raised US$800K in a Series A round led by private investors.…
Former Infosys and Wipro CFOs back Indian startup CimplyFive
CimplyFive offers cloud-based compliance and risk management solutions to enterprises Investors participated in this round include Mohandas Pai and Suresh Senapaty, former CFOs of Infosys and Wipro, respectively Funds will be used for marketing and product development Bangalore-headquartered CimplyFive Corporate Secretarial Services, a startup that offers cloud-based compliance and risk management solutions to enterprises, has bagged an…
A slowly strengthening Japan hits 86 IPOs in 2014; over half in tech
The increasing number of IPOs will be welcomed by Japan as it continues to struggle with keeping its economy afloat in 2014 Japan had some good news to share: the country has seen a record number of IPOs in 2014, up from 64 in 2013 to 86 this year, according to a report by Japan…
Technology
VMoney launches digital currency E-Peso for the Philippines
VMoney aims to create a single electronic payment platform for all transactions in the Philippines Though providing simplicity and immediacy, the use of cash for frequent transactions can be risky, costly, and inefficient for consumers and businesses. Presently, 90 per cent of transactions in the Philippines are still cash-based. The inherent risk that cash carries and the…
Interviews
Exclusive: 15 minutes with Tim Draper — Part 1
Myanmar startups aren’t built just to exit: EventNook’s Kyaw Lin Oo
We want to bring the next billion online: Opera’s Ivollex Hodiny
Singapore
[Singapore] Last Mile Fulfilment Asia 2015
Wish to learn to create sustainable fulfilment models for your eCommerce & omni-channel retail business? Register for Last Mile Fulfilment Asia 2015! Synopsis: APAC eCommerce revenue is set to reach US$34.5billion by 2018! (Frost & Sullivan, 2014) Learn how to create sustainable fulfilment models for your eCommerce & omni-channel retail business and captialise on this…
Indonesia
Vela Asia raises US$1.5M from Majuven in a Series A round
Indonesian e-commerce retail platform Vela Asia raises US $1.5 million Round was led by Singapore-based early- and growth-stage VC fund Majuven Capital will be used to grow to drive site growth and expand the technology E-commerce retail platform Vela Asia has raised US$1.5 million in an oversubscribed Series A round, led by Singapore early- and growth-stage VC fund Majuven. The funds…
India
Former Infosys and Wipro CFOs back Indian startup CimplyFive
CimplyFive offers cloud-based compliance and risk management solutions to enterprises Investors participated in this round include Mohandas Pai and Suresh Senapaty, former CFOs of Infosys and Wipro, respectively Funds will be used for marketing and product development Bangalore-headquartered CimplyFive Corporate Secretarial Services, a startup that offers cloud-based compliance and risk management solutions to enterprises, has bagged an…
Malaysia
The A to Z of e-commerce in Malaysia
We run through the letters of Malaysia’s e-commerce scene! A for AirAsia It can’t be more fitting to have AirAsia leading the list, as the online booking site is the key driver behind first real e-commerce penetration in Malaysia since 2001. B for Blogshop Blogshop is an unique phenomenon that only happens in Malaysia and…
Thailand
Chinese gaming publishers eyeing Southeast Asian markets: Red Atoms VP
Chinese publishers keen on entering countries such as Indonesia and Thailand. Can local companies survive? Southeast Asia is hot and ready for Chinese gaming publishers. At least that was what Andrew Chang, VP, Red Atoms, said in his interview with this author late last month, when he was in Bangkok, Thailand, to speak at the…
World
Exclusive: 15 minutes with Tim Draper — Part 1
From his hiring strategies to his views on the rise of Asia and what he expects of a modern government, Tim Draper talks exclusively to e27 Following his talk at an invite-only event in Singapore yesterday on spotting disruptive tech startups, e27 sat down with legendary investor Tim Draper for a one-on-one. We crowdsourced questions from our Facebook…