Key practices that drove the Malaysian startup to unicorn status

When Carsome was announced as the first Malaysia-based unicorn in July 2021, the local startup community was thrilled by its success. It seemed to have a domino effect as not long after, Malaysia found 2 more unicorns in edotco, a telco infrastructure services company, and AirAsia Digital, the budget airline’s digital arm. In a Wild … Read more

Look Your Best as a Startup Founder With the Latest Eyewear Tech

The eyewear market is more extensive than most people realize.  It includes prescription eyeglasses, sunglasses, and contact lenses, certainly, but its reach also extends to specialized eyewear categories like gaming and workplace safety. The industry was worth a global total of $115 billion in 2021.  By 2028, its value is expected to grow to $172 billion.  … Read more

S’pore fintech startup Xfers now leads the payments, crypto space in SEA

Xfers is founded by a group of friends — three computer engineers and one legal professional — Samson Leo, Tianwei Liu, Tianyao Liu and Victor Liew. The seeds of Xfers were planted years ago back when Tianwei worked for a startup in California’s Silicon Valley as part of National University of Singapore (NUS)’s Overseas Colleges … Read more

Every Startup Could Use Some Pet Parenting

Pets played an important part in the COVID-19 pandemic. When millions of Americans were cut off from their human friends, they turned to furry ones as a way to stave off loneliness. As a result, pet ownership in the US rose to 70%, the highest it has ever been. More than half of all newly adopted pets … Read more

Grammarly Becomes the 10th Most Valuable Startup After Closing Funding Round

Grammarly, an information technology startup based in San Francisco, has raised over $200 million in funding to expand its leadership after becoming the 10th most valuable startup in the United States. Investors like Baillie Gifford and BlackRock participated in the round, bringing Grammarly’s valuation to $13 B after having raised over $400 million in total … Read more

Coinhako, Tezos on building a blockchain startup and the future of crypto

The field of digital assets has experienced unprecedented growth. The digital market was valued at USD 962.2 million in 2020, and it is expected to reach USD 8,158.6 million by 2026. From Singapore becoming a crypto hub to scaling a company, there is always much to learn from a business point of view. In a … Read more

S’pore telehealth startup Doctor Anywhere acquires Doctor Raksa

Homegrown telehealth startup Doctor Anywhere announced today (November 11) that it has acquired Thailand’s largest telemedicine platform Doctor Raksa for an undisclosed sum. This acquisition comes hot at the heels of its recent Series C financing round at S$88 million (US$65.7 million) in August 2021, which is dubbed one of the largest private funding rounds … Read more

Youth Startup Numbers Boom, Post-Pandemic

Which was the most-hit demographic through the pandemic? As companies frantically jettisoned workers the second they felt the pandemic pinch, and the economic repercussions continue to snowball through economies, recent data tell us entrepreneurship among the young is at an all time high. Disproportionately feeling the COVID salary losses at roughly 2 to 1 odds, … Read more