Author Archives: Jacky Yap

Uber Malaysia

Uber launches in Malaysia; to celebrate 1st anniversary in S’pore soon

Uber launches in Malaysia; to celebrate 1st anniversary in S’pore soon

The on-demand chauffeur service has officially launched in Malaysia. It comes at a base fare of RM7.00, plus RM0.30 per min, RM2.00 per km Over the past few months, Uber, the on-demand private chauffeur service, has been on the ground building up its community in the Malaysian capital Kuala Lumpur. With its official launch now, Malaysians

wechat camera

WeChat launches aggressive new features; eyes Southeast Asia market

With the roll out of its 5th version, WeChat has forayed into social gaming, launched animated stickers and dedicated camera app StoryCam The fifth version of WeChat has been officially rolled out to its global users. According to WeChat, there are currently over 100 million registered user accounts across its international markets. For those unfamiliar,


HalalTrip: Targeting an untapped billion dollar Muslim travel industry

Listings on HalalTrip feature Halal restaurants and friendly amenities besides mosques, allowing Muslim travellers make an educated and informed choice Fazal Bahardeen and Dany Bolduc, founders of Crescentrating, a rating system to rate travel & hospitality services and facilities for Halal Friendliness, have launched another website catering to the Muslim community. HalalTrip, the latest launch,


Peatix announces patent pending ColorSync, the QR Code killer

Peatix, a leading events ticketing platform in Japan, has announced ColorSync, an innovative new mobile check-in system for events Japan’s leading ticketing platform Peatix has announced the launch of ColorSync, a technology that removes the need for scanning QR codes or tearing tickets at the entrance of an event, a task often a pain point

Omigo singtel

Is Omigo the e-commerce site of SingPost? We think so

With going live, SingPost is in a power position in the e-commerce space where it can control distribution and even impact prices One of the biggest and fastest growing sectors in Singapore and the rest of Southeast Asia now is undeniably e-commerce. Companies – big and small – are getting serious financial injections in


Australia bitcoin startup CoinJar raises US$455,000 in funding

Australian private investors together with VC firm Blackbird Ventures have made the country’s first major Bitcoin investment by backing startup CoinJar CoinJar, a consumer Bitcoin exchange and digital wallet provider has announced its seed funding from several prominent Australian technology investors. Led by Niki Scevak of Blackbird Ventures, the round is joined by other investors

clozette funding

Clozette secures $3M in Series B funding led by Phillip Private Equity

The funding round is participated by existing investor Walden International and various private investors Clozette, a social networking and shopping portal, yesterday announced securing a US$3 million investment led by Phillip Private Equity, with existing investor Walden International, and other private investors as participants. CEO Roger Yuen said that the new injection of funds will


Personal finance startup Pocketbook raises US$468,000

High profile Australian investors – Tank Stream Ventures, SydStart’s Peter Cooper, and others have together helped Pocketbook raise AU$500,000 Sydney based personal finance startup, Pocketbook, has raised $500,000 from new fund Tank Stream Ventures, TV and consumer finance personality David Koch; former chairman and chief executive of Investec Bank, Geoff Levy; Dimension Data Australian founder and

Parminder Singh

Ex-Googler Parry is Twitter’s MD for SEA, India & MENA

After Karen Stocks, who was appointed as Twitter’s Country Manager for Australia, Parminder Singh is the second ex-Googler to join Twitter Twitter has announced the appointment of Parminder (Parry) Singh as Managing Director for SEA, India & MENA (Middle East and North Africa). According to Twitter, Parry’s key responsibilities will include setting up and building


Online tailor InStitchu acquires custom footwear business Mantorii

Soon after Australian online tailor InStitchu secures funding, it announces acquisition of footwear business Mantorii. Both will operate as separate firms Now, here’s a well-tailored acquisition. Sydney online tailor InStitchu has just announced its acquisition of men’s custom dress shoes business Mantorii, bringing the two businesses under the same roof. However, InStitchu and Mantorii will


Carousell raises S$1M funding; expands to Malaysia & Indonesia

The funding round was led by Rakuten Ventures & includes Golden Gate Ventures, 500 Startups, Danny Oei Wirianto & Darius Cheung. Valuation amount is undisclosed Carousell, a C2C mobile marketplace that makes selling as simple as taking a photo, has raised S$1 million in seed funding. The funding will enable the company to expand its

tomcar australia

Tomcar Australia, the first car manufacturer to accept Bitcoin?

Interested to buy vehicles, parts or merchandise off Tomcar Australia? Well, now you can do it with Bitcoin One of the biggest global phenomena in the digital payment vertical now is Bitcoin. Bitcoin, as defined by Investopedia, is a digital or virtual currency that uses peer to peer technology to facilitate instant payments. As explained


Twofold: 1,700 ‘paid for classes’ students and going strong

Twofold, the Amazon for practical expertise, claims to have about 2,300 registered users and more than 70 active professionals teaching through its platform Platforms such as Udemy, Coursera and Udacity have long been around to help democratize access to education, which was traditionally only available through educational institutions. Now, anyone can learn almost anything if you

Sydney Seed Fund

Sydney Seed Fund raises US$1.8M, scouting for startups

Sydney Seed Fund is now looking for startups to invest in that have some prototype or concept, both technical and business Co-founders, and opportunity to scale Earlier in June, a trio of experienced Australia based startup entrepreneurs started raising fund for their Sydney Seed Fund. The trio is none other than Benjamin Chong (co‐director of


Sydney online tailors InStitchu raises funding at US$2.37M valuation

Founder Robin McGowan says that funding will help scale InStitchu across verticals and internationally. More physical premises too are in the offing Sydney based online tailoring startup InStitchu has announced that it has secured venture capital funding from Disruptive Capital, the technology focussed arm of Aura Capital Group. While the actual funding amount is undisclosed,

tank stream ventures

Tank Stream Ventures is a new AU$20M fund, invested in 3 startups so far

Tank Stream Ventures will be investing between US$191,600 and US$0.96 million in 30 to 40 start-ups, with equity stakes varying between 5% and 12% Tank Stream Ventures, a Sydney based investment fund, recently announced that it has successfully raised more than half of its AU$20 million (US$19.16 million) fund, and has already invested in three