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All posts by Tech In Asia

Tech In Asia
Tech in Asia is an online technology news startup based in Asia, with team members all across the region. As a crew of journalists and bloggers with a passion for new ways of delivering the news, we’ve bonded together under one goal – to create a great Asia-focused tech news site to tell the world about the wonderful things that are happening here. Subscribe to our daily newsletter.
  • I launched 5 startups in 2016. Here’s why, how, and what I learned

    This year I launched five startups from nowhere. Here, I’ll tell you how it happened; how I ended up venture building before I knew what a venture builder was, how I manage to get through two lawsuits in the space of six months, and how I raised US$7 million without telling investors what they were investing in. How I began Towards the end of 2014, the Malaysian property market was looking as dead as a dodo, (not good for my property development company), so I started looking for something to keep myself busy. My last tech venture had been back in 2010...

  • Meet the entrepreneur who just snared $350m to slaughter Uber

    "The idea was not just to build a big business, but start one that would have a big impact," explains Mudassir Sheikha, co-founder of ride-hailing startup Careem. "We wanted to improve the lives of thousands of people and change society for the better." And it seems like Mudassir’s on track to succeed on both fronts. Careem’s now the newest ride-hailing unicorn – it announced today that it’s pocketed a substantial US$350 million from a slew of investors including Rakuten and Saudi Telecom. The funding round is the single largest investment in any startup from Dubai. And there still might be more...

  • Jungle Ventures raises $100m fund for Southeast Asia and beyond

    Singapore-based venture capital firm Jungle Ventures announced today it has completed fundraising for its second fund, achieving its target of US$100 million. That’s ten times larger than Jungle’s previous US$10 million fund, which closed in 2012. It had raised around US$65 million in September 2015. Jungle Ventures founding partner Amit Anand tells Tech in Asia part of the new fund has already been deployed, in investments like Thailand’s Pomelo, Singapore’s Tradegecko, and Indonesia’s FinAccel. The VC doesn’t reveal the total amount that has been invested from the new fund so far. New investors include Temasek Holdings, Singapore’s National Research Foundation, and European media...

  • This startup wants to be the Google for your personal data

    Picture this: It’s an awfully busy day. In midst of all the chaos an email lands in your inbox, from your boss demanding certain documents urgently. What do you do? Spend next 30 minutes frantically searching for the documents across your multiple accounts. No luck. Panic sets in. What if there was an easier way to do the same task in less than 5 minutes? That’s VaultEdge. This new startup is aiming to be the Google for your personal data. VaultEdge is a vault that will automatically organize all your documents from multiple accounts into categories like taxes, bill, and so on....

  • 6 lessons startups can learn from the corporate world

    Many books and articles have been written on what corporates can learn from startups — how to build an agile culture, foster creativity in the team, and ship products quickly. However, the opposite is also true in many cases. There are areas that a startup can learn from a well run corporate. Implementing these lessons early on will help a startup immensely along its journey to be a large well-managed company. When I moved from a corporate life to the world of startups, what took me by surprise was the similarities between the two regardless of some fundamental differences. In the...

  • This startup will soon allow you to make mobile payments using sound

    With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology solution for mobile payments. Aimazing’s goal is to offer the mobile payments market a more accessible option than the near field communication (NFC) technology currently in use. The startup’s solution has carried it to a top 30 finish in Slush Singapore 2016, which was held in September. It also earned them a place in season four of Channel NewsAsia’s Start-UP program. Aimazing vs. NFC chips “Phones are made to produce sound,” said COO and co-founder Yar Hong Chiong....

  • Is Singapore the next frontier for edtech?

    The future of Singapore means a vibrant and resilient economy filled with new growth sectors, corporate innovations and jobs, and skills for the future. Getting citizens skills-ready is more crucial than ever before to realize the first ever Smart Nation vision. Education is a starting point in preparing for the economy of the future, yet more work needs to be done in the sector to meet changing needs. Fortunately, as innovative technology creates waves across various sectors globally, the topic of education technology (edtech) to enable tailored and personalized learning is gaining mass awareness. Asia is seen as the next frontier in edtech. The industry...

  • Startup which helps owners find lost pets going global by 2017

    When Ivan Loh's two Labrador retrievers ran away from home two years ago, he "couldn't eat and sleep." While he found his dogs after two weeks, Ivan wanted to prevent a repeat of this "traumatic" episode. He started developing a NFC (Near-field communication) and QR code-enabled pet badge that was launched in March this year. By scanning a QR code shown on the badge, one can obtain the owner's contact details, the pet's allergies and medication needs. Alternatively, the badge shows an alphanumeric code that can be entered on Pet Widget's website. Next steps in expansion With about 1,000 badges sold in Singapore,...

  • The 10 books that inspired me to build a unicorn company

    I admit it. I’m an online ‘snack’ addict. After all, with the digital era has come an endless selection of cheap, easy and addictive pieces of online content for us to readily consume: tantalising Buzzfeed-y headlines, irresistible top-10 lists (like this one), teaser photos of your friend’s latest vacation album on Facebook, etc. When it comes to content, snacking is fun, but it shouldn’t replace full meals. We need to remember to consume long, nourishing content from time to time. Numerous studies have proven that reading can improve brain function; some have even suggested they can make you a better person....

  • Shoot for the moon: how venture capitalists think

    Shoot for the moon, reach for the stars. Entrepreneurs are often the pilots of such inconceivable projects, but many times it's the cash fuel injection that gets them there. Last week at the venture capital (VC) conference Moment 2016 in Tokyo, panellists David Lee from Refactor Capital, Craig Sherman from Meritech Capital Partners, and moderator Gen Isayama of World Innovation Lab spoke about how to identify rockets before liftoff. "The impact from a society impact should be numbered into terms of a thousand 'X'," says David. While home run deals are more about making money, moonshots don't just make money,...