Author Archives: Elaine Huang


Indonesia’s SpaVista receives US$160K from founding team of sgCarMart

Indonesia’s SpaVista receives US$160K from founding team of sgCarMart

Beauty, health and wellness services marketplace SpaVista will use the funds to boost hiring and marketing efforts Indonesia-based beauty, health and wellness services marketplace SpaVista has today announced securing S$200,000 (US$160,000) in seed funding from the founding team of Singapore’s online classifieds platform for cars sgCarMart and other investors such as Joel Fu. Specifically, the founding team of


Contrary to rumours, Bubbly gets acquired by India’s Altruist Group

Instead of shutting down, Singapore-based Bubbly has been acquired by India’s Altruist Group Contrary to rumours, Singapore-based mobile social media company Bubbly, or formerly known as Bubble Motion, is still alive and kicking. Today, the firm announced that it has been acquired by Altruist Group, a provider of Telecom value-added service (VAS) platforms across Europe,


ALS Ice Bucket Challenge: 4 from Asia-based startups/investors

Here are our picks for the most memorable and creative ALS Ice Bucket Challenge videos! As of August 20, 2014, the ALS Association had raised a total of US$31.5 million in donations, according to the organisation’s official website. The non-profit, which assists those with Amyotrophic lateral sclerosis (ALS) — a progressive neurodegenerative disease that affects


Australia-based music streaming service Guvera launches in Singapore

Currently expanding in Asia is Guvera, that will compete with other music streaming services like Spotify and Deezer Australia-based music streaming startup Guvera has today announced the official launch of its iOS-, Android- and web-based namesake service in Singapore, its seventh 12th market to date. The other six 11 are: home country Australia, Hong Kong, Indonesia,

alpha camp

Taiwan’s ALPHA Camp launches ‘Million Dollar Scholarship Program’

This startup school will be recruiting its third batch of students with an attractive programme supported by various Taiwanese startups and venture firms Entrepreneurship is a calling, said Bernard Chan, Founder, ALPHA Camp, a Taiwan-based 10-week accelerator programme that aims to help people launch new careers in the startup scene. But that call cannot be


[Updated] foodpanda arrives in Pattaya with Door2Door partnership

Online food delivery marketplace foodpanda is working with delivery partner Door2Door to enter Pattaya, Thailand. How will it do? In a move to enter Pattaya, Rocket Internet-backed online food delivery marketplace foodpanda has today announced its partnership with 11-year-old local delivery company Door2Door. According to an official release, foodpanda will be delivering food to customers


Omise raises US$300K; can it be Thailand’s Stripe and Square?

Thailand-based Omise is looking to launch its payments API and app this September at Echelon Thailand 2014 Thailand-based payments startup Omise yesterday announced receiving seed funding of US$300,000 from Indonesia- and Japan-centric venture capital firm East Ventures. According to Ezra Don Harinsut, Co-founder and COO, Omise, the one-year-old company will use the funds to boost


Meet Algorithmia, Rakuten Ventures’ first catch since launch of US$100M fund

Rakuten Ventures is a participating investor in this US-based startup’s seed funding round of US$2.4 million US-based cloud marketplace for algorithms Algorithmia has today announced raising US$2.4 million in seed funding led by Madrona Venture Group with participation from Rakuten Ventures, Deep Fork Capital and angel investors such as Oren Etzioni and Charles Fitzgerald. This

Co-Founders of

[Updated] Indonesia’s Ruangguru raises seed funding to scale up services locally

Online private tutoring marketplace Ruangguru has secured an undisclosed sum from East Ventures to grow its offerings in Indonesia Indonesia-based online private tutoring marketplace has today announced raising an undisclosed amount of seed funding from East Ventures, a Southeast Asian-centric venture capital firm. According to an official release, Ruangguru is East Ventures’ first education


GoGoVan to drive into Taiwan and Australia with US$6.5M funding

The 50-staff strong delivery matching app GoGoVan from Hong Kong is looking to expand internationally Hong Kong-based delivery matching startup GoGoVan has today announced securing US$6.5 million in an investment led by Centurion Investment Management, with participation from a number of Singapore-based angel investors. According to Steven Lam, Co-founder, GoGoVan, a big portion of the


JetRadar lets those who prefer layovers save a quick buck

Phuket-based flight search engine JetRadar’s new hot tool Magic Fare might brighten up a thrifty traveller’s day Flight comparison websites are becoming increasingly popular amongst travellers, especially those looking to save a quick buck. One such comparison website is flight search engine JetRadar, founded by Konstantin Kalinov and managed by CEO Max Kraynov. Based in


Thailand’s Anywhere to Go lands funding led by 500 Startups

Developer behind Claim Di and iLertU has received an undisclosed investment to eventually go regional Image Credit: Jack Arunsawad Thailand-based startup Anywhere to Go has today announced raising an undisclosed amount in seed funding led by 500 Startups, with participation from venture capital firm Golden Gate Ventures, and other investors like Mike Prasad, Takeshi Ebihara (Rebright


ZipMatch raises US$550K to scale and expand throughout the Philippines

Philippines-based online property marketplace ZipMatch will use funds to expand into major cities like Cebu and Davao In an exclusive chat with e27, John Dang, Co-founder, ZipMatch, announced that the firm has raised US$550,000 in funding from current investors 500 Startups; IMJ Investment Partners; and Deron Quon, CEO, Collective Solutions; as well as new investors Teruhide


Adskom gets US$850K to build data management platform for SEA

The investors in this Singaporean startup’s seed round are Digital Garage, East Ventures, Beenos Plaza, and Skystar Capital Correction: We had earlier reported that “Adskom has today announced raising S$1 million”. The amount should have been S$1.06 million (US$850,000). We apologise for the error. Founded in Singapore, advertising startup Adskom has today announced raising S$1


Anchanto operates Levi’s Malaysia’s e-commerce store

Singapore-based e-commerce fulfilment startup Anchanto is the firm behind Levi’s Malaysia’s website When Singapore-based e-commerce fulfilment startup Anchanto announced raising an undisclosed amount of funding from Innosight Ventures in May 2014, it had revealed to e27 its plans of entering neighbouring countries Malaysia, Indonesia and India. Well, it has entered Malaysia, and business is brisk. An anonymous reader sent