From Online payment to eCommerce

migme to raise US$7.5M, partners with MOX; and resume trading on 4 Aug

The Singapore-based social entertainment company will integrate its Android mobile client into the Taipei-based mobile-only accelerator’s SDK Singapore-based and ASX-listed social entertainment company migme has had a slew of fundraising rounds this year. It first raised AU$6,990,000 (US$5.12 million) in March through an allocation of shares to leading China-based photo and video app developer Meitu,...

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Singapore’s budget conscious online store ShopinSEA expands to Malaysia (and beyond)

Director and Co-Founder Andre Loh explains ShopinSEA expansion and how they will benefit retailers ShopinSEA, a Singapore-based online dollar shop that offers products close to factory prices, has recently announced its first international expansion to Malaysia, with more expansion to other countries in the near future. Launched in May 2016, the website has seen their customer...

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From the expert: How to write a business plan that works

Tom Chalmers sits down with David Bateman, author of “Business Plans That Get Investment,” to talk about the do’s and don’ts of writing a business plan An idea without a strong business plan has little chance of getting an investment. As a result, getting the business plan right is an essential task for any entrepreneur...

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Mobile online marketplace DateTix acquires online dating platform Lovestruck, plans to expand into new markets

DateTix plans to expand its platform concurrently with Lovestruck’s into new markets to capture a broader spectrum of users DateTix Group Ltd, a Hong-Kong-based mobile online marketplace for dating, has recently announced that it has sealed the deal with Lovestruck Limited, a UK-based online dating platform, in a mutually strategic move to create the world’s largest dating marketplace. The...

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In one of Singapore’s biggest rounds of year, Carousell raises US$35 million

The Rakuten-backed company faces stiff competition in the vertical, specifically from Garena’s Shoppee In one of the largest fund-raising rounds for the city in 2016, the Singapore-based P2P mobile marketplace Carousell announced today it has raised a US$35 million Series B. The deal was led by Rakuten Ventures with participation from Sequoia India, Golden Gate Ventures...

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Here’s the 18th batch of companies from 500 Startups

500startups 18 We’re already halfway through the year, which means it’s time for another batch from 500 Startups to start rolling out. This year, 46 companies are going through 500 Startups’ 18th batch, ranging from traditional B2B tools to a smart pill case that helps track whether or not people are taking their medication.
500 Startups has been dipping its toes beyond its traditional… Read More