november 2016 startup business news in asia

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PAGE 1 OF 7 STARTUPNEWSASIA. COM/MONTHLY HIGHLIGHTS IN NOVEMBER E China: The sharing economy sees rapid growth and is seen as good for society E Malaysia: MaGIC, Uber and Digi launch an ‘ideation lab’ for selected startups E Thailand: ‘The VC industry in Southeast Asia is ready to move up to the next level’ IN OTHER NEWS E In Myanmar, Yangon Stock Exchange is set to establish a Blockchain-based stock exchange E In the Philippines, indiepreneurs prepare to launch a Shark Tank-style funding show E What would it take for the ‘Asian Silicon Valley’ to take root in Taiwan? STARTUP NEWS ASIA TODAY / MONTHLY / QUARTERLY NOVEMBER 2016 IN BRIEF AUSTRALIA / #STARTUPAUS INDIA / #STARTUPIN CHINA / #STARTUPCN SINGAPORE / #STARTUPSG VIETNAM / #STARTUPVN INDONESIA / #STARTUPID HONG KONG / #STARTUPHK MALAYSIA / #STARTUPMY THAILAND / #STARTUPTH

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Page 1: November 2016 Startup Business News in Asia

page 1 of 7startupnewsasia.com/monthly

highlights in novemberE China: The sharing economy sees rapid growth and is

seen as good for society

E Malaysia: MaGIC, Uber and Digi launch an ‘ideation lab’

for selected startups

E Thailand: ‘The VC industry in Southeast Asia is ready to

move up to the next level’

in other newsE In Myanmar, Yangon Stock Exchange is set to establish a

Blockchain-based stock exchange

E In the Philippines, indiepreneurs prepare to launch a

Shark Tank-style funding show

E What would it take for the ‘Asian Silicon Valley’ to take

root in Taiwan?

STARTUP NEWS ASIATODAY / MONTHLY / QUARTERLY

NOVEMBER 2016 IN BRIEF

australia / #startupaus

india / #startupin

china / #startupcn

singapore / #startupsg

vietnam / #startupvn

indonesia / #startupid

hong kong / #startuphk

malaysia / #startupmy

thailand / #startupth

Page 2: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 2 of 7 startupnewsasia.com/today

Aussie Founders Network

launched in Silicon Valley

WOTSO partners Investible to build

national startup accelerator

The Dream Factory opens, launches

$13M impact-driven startup fund

A look at the winners of the recent

Spotless Hack in Melbourne

Australian government pushes legislation for

SMEs to gain capital via crowdfunding

HCF & Slingshot call for women

delivering big ideas in health

Melbourne fintech Airwallex

chipping away at major players

A quick intro to StartupAUS CEO

Alex McCauley

Cool Clutch ecommerce startup

wins Bendigo Pitchfest

A look back at The Bridge Summit:

Australia & Israel, startups, innovation

China sets out 4-step plan

for digital government

Shenzhen's O-Film acquires $8.7M

stake in VR firm

Sharing economy sees rapid growth,

seen as good for society

Yixia short video app

lands US$500M

A quick look at China's presence in the block-

chain and startup investment spaces

A look at how stores in China

use apps to increase foot traffic

HTC announces $1.5BN VR

Investment Fund and Research Institute

Petuum, Hotbody, AllMobilize

each raise $15m

VR smart gloves give a new voice

to the disabled

Hi-Tech Fair highlights VR and smart cities

as startups focus on research

australia / #startupauspop: 23.9m (2015)

china / #startupcnpop: i.37b (2015)

Page 3: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 3 of 7startupnewsasia.com/monthly

Hong Kong trials blockchain for property

loans, digital ID, trade finance

IBM SmartCamp Hong Kong

applications now open

Garage Society's new 8k sq.ft coworking

space launched

Another look at the 8 FinTech Innovation Lab

Asia-Pacific Startups

Zeroth AI accelerator

unveils 1st batch

Asia Fintech Business '16 conference

set for early December

Digital Financial Services HK 2016

set for end of November

Hong Kong startup Booqed aiming to be

Uber of office spaces

A look at 7 startups that headlined DBS Accel-

erator Demo Day

FinovateAsia:

Next week in Hong Kong

A quick look at Startup India Rocks Finale

2016 winners

Bosch launches 18-week

accelerator program

Bengaluru has attracted $1BN in startup in-

vestment over 2 years

Bank of Baroda calls on fintechs to help

solve payment challenge

A look at Unocoin, the country's

latest bitcoin mobile app

Netmeds online pharmacy acquires Pluss

meds delivery startup

Networking app Nodd and edtech startup

VoLT gain funding

Sales analytics startup

Vymo raises $5m

Background verification startup BetterPlace

raises new capital

ShareChat lands $4m to be Indian social

network speaking everyone's language

india / #startupinpop: 1.3b (2015)

hong kong / #startuphkpop: 7.2m (2015)

Page 4: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 4 of 7 startupnewsasia.com/today

indonesia / #startupidpop: 257m (2015)

malaysia / #startupmypop: 30.3m (2015)

Indonesia to set up e-commerce startup

crowdfunding platform

Ideabox accelerator takes next step,

becomes venture capital firm

6 startups chosen for

Google Launchpad batch 3

'IoT market...potential value of

US$1 billion by 2020'

Sleekr merges with Kiper for

small business accounting

Messaging app ads prove most effective

in reaching users

MCI to invest $15M into 4-5

fintech startups in 2017

Interview with Coworking Indonesia's

chairwoman, Faye Alund

Cicil, financing platform for

university students, lands funding

Wobe taps SEA prepaid mobile market to

aid low-income entrepreneurship

KFit Group acquires Groupon Malaysia,

aims at full O2O platform

MaGIC, Uber, Digi launch ideation lab

for selected startups

BurgieLaw, online legal services marketplace,

lands US$200k

Favful beauty tips startup

lands $500K

Malaysia/Singapore SaaS assets-monitoring

startup IsItUp lands funding

Government fund Khazanah invests $22m

in US tech startup Phunware

BankTech Asia event next week in

Kuala Lumpur

6 crowdfunding platforms

gain approval

Malaysia's MaGIC aims for $100m value

to be created from initiatives

Fruiti King raises RM5m

via CrowdPlus.asia

Page 5: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 5 of 7startupnewsasia.com/monthly

singapore / #startupsgpop: 5.6m (2015)

Spark Systems aims at forex marketplace

to localise deal flow

A look at the recent Singapore Fintech

Festival and Singapore's fintech future

A quick look at Singapore's

moves in IoT

Singapore launches platform to

rent skills from agencies

The Fifth Collection lands $1.4M

to grow fashion re-commerce

Tembusu partners Chinese billionaire

for SEA startup collaboration

Spacemob coworking lands $8m funding,

largest yet in SE Asia

SGInnovate launched to bridge academia,

entrepreneurship, AI and more

A look at how Singapore's fintech

ecosystem is surging ahead

MetLife launches Collab insurance

tech accelerator

Thai bourse set to launch startup

and small cap market

Seedstars Asia set for

Bangkok 6-8 December

3 speakers on VR & AR applications

for business, early December

Shift Ventures launches 1000x Club

with 30 $1M investors

Helpster lands $2.1M to connect

SEA employers and blue-collar jobseekers

Shift Ventures to be matchmaker

for investors, startups

Seedstars Asia Bootcamp event set

for Bangkok in December

'VC industry in Southeast Asia ready

to move to the next level'

Helpster startup raises US$2.1M

to grow hiring platform

Kbank partners IBM around

Hyperledger blockchain tech

thailand / #startupthpop: 67.9m (2015)

Page 6: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 6 of 7 startupnewsasia.com/today

south korea / #startupkrpop: 50.2m (2015)

vietnam / #startupvnpop: 93.4m (2015)

Korean payroll and time-tracking app

Albam lands $1.6M

South Korea to introduce hospital

robots in 2017

WAUG Travel lands funds for tour,

activity booking platform

Konolabs AI startup chosen for

NTUC Income Accelerator

Korea Exchange opens KRX Startup

Market Exchange using Blockchain tech

SoftBank, Naver launch $43M

media + content startup fund

Miso 'Uber for cleaning' startup

lands $2.7m

Korea's startup scene:

A look at 5 booming sectors

KT teams with Healcerion startup

for global m-health care

Althea cosmetic startup aims to

cash in on SEA interest

TicketBox lands funding

from 500 Startups

N Kid teens lifestyle platform lands

$40M from StanChart PE

Why tech & startup investors

are betting on Vietnam

A look at how e-commerce startups

can compete internationally

5 entrepreneurs' views on the good

and bad of starting up in Vietnam

A look at what Vietnam's startups

need to succeed

OnOnPay fintech lands

$800K funding

Vietnam government consults VC investors

to fine tune startup regulations

TechFest Vietnam '16 winners

land Silicon Valley trip

A look at the 10 startups shortlisted

for the Echelon Vietnam event

Page 7: November 2016 Startup Business News in Asia

startup news asia: november 2016

page 7 of 7startupnewsasia.com/monthly

FULL QUARTERLY SUMMARY94 pages

LOCATION-SPECIFIC DIGESTS

tiny.cc/QNewsAsia

Australia & New Zealand48 pages

China, Hong Kong & India50 pages

australiabangladesh

cambodiachina

hong kong

indiaindonesia

japanlaos

malaysia

myanmarnew zealand

philippinessingaporesri lanka

south korea taiwan thailand vietnam