startup news asia: october 2016 in brief

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PAGE 1 OF 7 IN OTHER NEWS Startup News Asia has this month relocated to Melbourne, Australia, as forward step into an environment with growth opportunities. Additionally, this, the monthly edi- tion, is trialling a layout and approach that ties with both the visuals of the website and the content of our quarterly printed publications. Questions, comments? Contact me via StartupNewsAsia.com. OCTOBER 2016 STARTUP NEWS In China this month, we saw a number of investments in the coworking and broad workspace-sharing space. Given the country’s near-1.4 billion population, this, like almost any startup effort, has obviously huge potential for the faster-moving entre- preneurs and VCs. This month also saw publication of the Q3 Startup News Asia summaries. Expanding on previous digests, our most recent summaries include the full quarter’s news from across the regions concerned, whilst also narrowing down on particular locations: China, Hong Kong and India as one collection; and Australia and New Zealand as another. These hardcopy publications can be previewed at tiny.cc/QNewsAsia. HIGHLIGHTS E Indonesia: How Asia’s best drones project cut farmers’ costs by 60% E India: As India’s banks stop lending, borrowers turn to lending startups E Taiwan: Entrepreneur space lifts with Taiwan Startup Stadium STARTUP NEWS ASIA TODAY / MONTHLY / QUARTERLY China: Shared-space startup 5Lmeet raises $60M Japan: LINE to shift focus to media and news, post-IPO Australia: Plans unveiled for Blockchain in public services 3 Hong Kong: Fashion startup Grana lands $10m funding 5 6 Singapore: Kashmi launches 360° digital banking product Taiwan: Health2Sync partners Gov’t for online diabetes care

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page 1 of 7

in other newsStartup News Asia has this month relocated to Melbourne, Australia, as forward step

into an environment with growth opportunities. Additionally, this, the monthly edi-

tion, is trialling a layout and approach that ties with both the visuals of the website

and the content of our quarterly printed publications.

Questions, comments? Contact me via StartupNewsAsia.com.

october 2016 startup newsIn China this month, we saw a number of investments in the coworking and broad

workspace-sharing space. Given the country’s near-1.4 billion population, this, like

almost any startup effort, has obviously huge potential for the faster-moving entre-

preneurs and VCs.

This month also saw publication of the Q3 Startup News Asia summaries. Expanding

on previous digests, our most recent summaries include the full quarter’s news from

across the regions concerned, whilst also narrowing down on particular locations:

China, Hong Kong and India as one collection; and Australia and New Zealand as

another. These hardcopy publications can be previewed at tiny.cc/QNewsAsia.

highlightsE Indonesia: How Asia’s best drones project cut farmers’ costs by 60%

E India: As India’s banks stop lending, borrowers turn to lending startups

E Taiwan: Entrepreneur space lifts with Taiwan Startup Stadium

STARTUP NEWS ASIATODAY / MONTHLY / QUARTERLY

China:Shared-space startup5Lmeet raises $60M

Japan:LINE to shift focus tomedia and news, post-IPO

Australia:Plans unveiled for Blockchain in public services

3Hong Kong: Fashion startup Grana lands $10m funding 5 6

Singapore: Kashmi launches 360° digital banking product

Taiwan: Health2Sync partners Gov’t for online diabetes care

startup news asia: october 2016

page 2 of 7 startupnewsasia.com/today

Australia: AgriWebb lands People's Choice

Award at Tech23 event

Australia: SenseAg takes top prize

in IBM big data competition

Australia unveils plans for

Blockchain in public services

Queensland government partners

Chinese tech incubators for opportunities

Australia-China Association of Scientists and

Entrepreneurs Pitch Night, Oct 20th

Australia: Property startup CrowdfundUP

closes funding round, eyes China market

Australia/NZ drone startup Flirtey

outpacing Google, Amazon

Australia: Sunsuper partners BlueChilli

SheStarts program

Australia: FinTech Australia Collab / Collide

2016, this week in Melbourne

Sydney's Flamingo, AI-focused fintech,

readies for AU$23m ASX listing

China: MakeX aims for affordable 3D printer

for dental and jewelry

Digital advertising fraud levels

remain high in China

China: Over 90% of digital buyers in

May 2016 used smartphone to purchase

Chinese angel, VC funds partner for

big data and AI accelerator

China: Lenovo to boost investment in AR

and VR startups

A look at URwork, a possible

WeWork for China

China's shared-space startup

5Lmeet raises $60M

China: Live-streaming 'WeChat drone'

set to launch

A look at the opportunities with

China's growing online shopper population

China: Ecommerce startup GDFS targets

travel retail growth, opens HK store

AustrAliA / #stArtupAuspop: 23.9m (2015)

chinA / #stArtupcnpop: i.37b (2015)

startup news asia: october 2016

page 3 of 7startupnewsasia.com/monthly

indiA / #stArtupinpop: 1.3b (2015)

India bitcoin startups Unocoin, Zebpay

and Coinsecure land funding

India: Bitcoin startup Unocoin raises

US$1.5m in pre-series A

A quick look at the growth in India's

coworking and shared working spaces

Impartus uses video to bring quality

education to India's masses

MPOWER Financing raises $6M

around international students in higher ed

India: ChatOnGo, Geist and

edtech 3Dexter gain funding

India's JobSenz edtech lands $40k

from Facebook's FbStart program

India: KredX lands $6M funding

for invoice discounting

India's Yes Bank, 5th largest,

goes biometric for payments

As India's banks stop lending,

borrowers turn to lending startups

Hong Kong: Fashion startup Grana

attracts $10m Series A funding

Elevator World Tour concludes with

HK's Orii landing US$120k investment

Hong Kong: A look at the recent

Asia Pacific Entrepreneurship Awards

Hong Kong: Android Pay launches with

support for MasterCard, Visa

Hong Kong: FinTech China Workshop,

part of HK Fintech Week

Hong Kong: FinovateAsia set

for November 8

Digital Financial Services

Hong Kong 2016 set for late November

Hong Kong to host Fintech Week

in November

Hong Kong: Good Parents child health

and wellness startup secures $2m funding

Hong Kong's Evergreen Offshore to launch

tourism-focused fund in Malaysia

hong kong / #stArtuphkpop: 7.2m (2015)

startup news asia: october 2016

page 4 of 7 startupnewsasia.com/today

jApAn / #stArtupjppop: 126m (2015)

In Japan, reading remains primarily

print-based, regardless of age

A quick look at Japan's consumer

expectations from ecommerce

Digital payments slow to catch on

with Japan's consumers

Stripe brings multicurrency

payments to Japan

A look at winners from the recent

Tech In Asia Japan edition

Japan: LINE to shift focus to

media and news, post-IPO

3 key items when considering

Japan's startup ecosystem

Japan: Line sees sustained success,

regardless of age group

Japan's SoftBank partners Saudi

public fund for $100b vehicle to invest in tech

Japan: IDEO design firm, Genuine Startups

VC partner for new VC fund

indonesiA / #stArtupidpop: 257m (2015)

Indonesia's Ubiklan aims to be

Uber for offline car advertising

How Asia's best drones project

cut farmers' costs by 60%

Indonesia: WeShop secures

7-digit funding for cross-border ecommerce

6 key points when looking at Indonesia's

ecommerce landscape

Indonesia: A look at Kravasia,

curated online marketplace for batik

Indonesia: Go-Jek buys parent of

mobile payments startup PonselPay

Indonesia: An advance look at

FINSPIRE, set for early November

Indonesia: Mandiri Capital launches

summit for fintech innovation

Fintech can help boost

Indonesia's creative sector

A look at a number of Indonesia's

fintech startups

startup news asia: october 2016

page 5 of 7startupnewsasia.com/monthly

Malaysia Ecommerce Expo

set for late November in KL

Bank Negara Malaysia sets regulatory

sandbox framework to aid fintech

Malaysia: Hong Leong Bank launches

2-part initiative for tech startups

Malaysia's Hong Leong Bank partners

investor group to mentor fintechs

Malaysia: MyCash Online e-wallet service

takes top at Seedstars KL pitch contest

Malaysia and Philippines plan

cybersecurity partnership

BEAM networking platform lands funding

for Malaysia, Singapore expansion

Grab launches in-app messaging

platform GrabChat in Malaysia

Malaysia: Golfreserv lands funding

from AirAsia-backed Tune Labs

Malaysia: 2-day IdeaLab 2016 aims for

ASEAN startup ecosystem links

mAlAysiA / #stArtupmypop: 30.3m (2015)

singApore / #stArtupsgpop: 5.6m (2015)

Singapore's AI and data analytics

startup Nugit secures $5m

Singapore: Blockchain Town Hall

with Digital Currency Group, November

In Singapore: Australian government

to share plans for Blockchain

Beautiful.me asks Singapore shoppers

to donate rice to the needy

Philippines’ mobile payment svc Abra joins

with S’pore Codapay e-payment gateway

Singapore: Google Startup Bootcamp

- speakers, leaders, connections

OCBC enables cash transfers

via Siri and iMessage

Singapore: Mobile payments move into

hawker centres - is cash now dead?

Singapore: Kashmi launches 360°

digital banking product for SE Asia

Singapore: UOB partners B2B e-commerce

provider cloudBuy for SME marketplace

startup news asia: october 2016

page 6 of 7 startupnewsasia.com/today

tAiwAn / #stArtuptwpop: 23.5m (2015)

Taiwan lifts entrepreneur game

with Taiwan Startup Stadium

Taiwan: Microsoft's first Asian IoT

innovation hub launches in Taipei

Taiwan: Image-recognition startup

Viscovery lands $10M from China's CDIB

Taiwan: Health2Sync startup partners

gov’t Ministry for online diabetes care

Taiwan's KKday expands online travel

discovery to Singapore

Taiwan: Backer Founder helping

startups prep for investors and more

Taiwan Accelerator

celebrates launch

Taiwan's Garage+, all-in-one entry

to startup ecosystem and investment

New Taiwan Accelerator set

to fund at least 30 startup teams

Taiwan aiming to become startup hub

via HeadStart Taiwan Project

Thailand: Business Speed Networking,

20 people, 60 min + pitch next week

Thailand, Indonesia formalise membership

of ASEAN Venture Council

Thailand: Digital 16 Digital Marketing

Conference set for December

Thailand Mobile Summit:

November 2, Bangkok

Thailand's Gogoprint expands to Malaysia,

eyes Singapore market

Thailand considers third tier

bourse for startups

Thailand: Eatigo restaurant booking app

lands TripAdvisor funding

Thailand: Digital 16 Digital Marketing

Conference set for December

Thailand: BananaBike motorcycle taxi

mobile app launch event

Thailand's InVent invests in Valley VR

adtech firm Social Nation

thAilAnd / #stArtupthpop: 67.9m (2015)

startup news asia: october 2016

page 7 of 7startupnewsasia.com/monthly

Vietnam: Loan comparison platform

BankGo lands seed funding

Vietnam's loan comparison platform

BankGo lands funding

Vietnam: Startupbootcamp FinTech

FastTrack set for 10th November in HCMC

Hiip lands funds to help brands, advertisers

connect with Vietnam's influencers

Vietnam: Real estate platform Gachvang

secures $500K

Another look at Hiip, Vietnam's

brands-to-influencers connector

Are Vietnam startups ready for

later-stage investment?

Vietnam's TOP100 Startup Search starts

at Echelon event in November

Accelerator VIISA launched to help

Vietnamese startups go global

'Startups in Vietnam are

micro-innovators'

vietnAm / #stArtupvnpop: 93.4m (2015)

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