Sydney Seed Fund aims to invest in 20 early stage tech startups with about US$95,000 for each company. When things are not moving forward, you need to give it a kick. This is what the recently launched Sydney Seed Fund hopes to do: spur the startup ecosystem in Sydney by focusing on companies in the Read the full article…

GREE Ventures and IMJ Fenox invest Series A in Indonesia’s online property marketplace, UrbanIndo. Indonesian online property marketplace UrbanIndo announced yesterday that it has raised Series A funding led by GREE Ventures. This latest round also saw IMJ Fenox Pte. Ltd. participating. Launched in November 2011, UrbanIndo previously raised funding from East Ventures and other Read the full article…

Although it was a lot more popular 2 years ago, Friendster certainly has not died at all. Today, it partners with Kakao Corp to promote, market and distribute the Kakao mobile platform in Malaysia.  The partnership will cover Kakao’s KakaoTalk and KakaoStory mobile application services including related businesses to these applications which include mobile game channeling, Read the full article…

iMoney Group just announced receiving US$500,000 in funding from Asia Venture Group to extend its reach in Southeast Asia and dominate Malaysia. iMoney Group, a Malaysia-based startup, just announced yesterday that it has received US$500,000 in funding from Asia Venture Group (AVG) to extend its reach in Southeast Asia and boost its position locally. The Read the full article…

Regulations, cultures and laws vary. But your digital business has only one platform. So how can you scale it globally? In this panel, Bernard Leong, the Technology Manager of Vistaprint talks to other panelists on how they’ve managed to successfully scale their businesses globally. The panelists, who are also entrepreneurs running successful digital platforms were Read the full article…

Ending the morning session of Echelon Day 1 was a panel discussing trends in the global investment markets and the challenges that startups face in establishing their business as a compelling investment case. With so many seed funding schemes available now, is it almost as if getting funded in early stages is becoming a fad. Read the full article…

SHOPDECA, an Indonesian startup that aims to curate e-commerce products, just went live and announced funding news from East Ventures today. SHOPDECA, an Indonesian startup that aims to curate e-commerce products, just launched their services today, with over 30 local and international brands. They also announced securing an undisclosed amount in seed funding from East Read the full article…

Singapore-based Anchanto has just announced a six-digit seed funding from a group of angel investors to forward their sales and marketing activities. Singapore-based Anchanto, a startup which provides technology, warehouse and logistics platform to traditional brick-and-mortar retailers to kickstart online with mobile and web channels has just raised an undisclosed six-digit seed funding from a Read the full article…

Wongnai Media has just announced securing Series A funding from RSP, a Silicon Valley based venture firm owned by Recruit Holdings. Wongnai Media Co., Ltd, known for its restaurant review applications, today announced that it has secured Series A funding from Recruit Strategic Partners, Inc (RSP), a Silicon Valley-based venture capital firm owned by Recruit Read the full article…

500 Startups has appointed Khailee Ng to oversee its new US$10 million micro fund for Southeast Asia. Following our previous conversation with 500 Startups’ Dave McClure, the venture fund has just announced that they are dedicating a US$10 million micro fund to invest in Southeast Asia, as well as the promotion of its Entrepreneur-in-Residence Khailee Read the full article…