<article><a style="color: #000080;" href="https://scangels.com.sg" target="_blank">Supply Chain Angels (SCAngels)</a>, the venture arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/ych-group" target="_blank">YCH Group</a>, has signed a Memorandum of Understanding (MoU) with <a style="color: #000080;" href="http://dealstreetasia.com/tag/kpmg" target="_blank">KPMG</a> at Singapore’s Digital Village.</article>

<a style="color: #000080;" href="https://scangels.com.sg" target="_blank">Supply Chain Angels (SCAngels)</a>, the venture arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/ych-group" target="_blank">YCH Group</a>, has signed a Memorandum of Understanding (MoU) with <a style="color: #000080;" href="http://dealstreetasia.com/tag/kpmg" target="_blank">KPMG</a> at Singapore’s Digital Village.
Under the MoU, both companies will work together to build a robust startup ecosystem with strong networks.
YCH has an expertise in the end-to-end supply chain solutions, providing services to multinational corporations (MNCs) and brands across the Asia Pacific.
SCAngels and KPMG will set up a satellite office within KPMG Digital Village and Supply Chain City respectively. Supply Chain City is YCH Group’s upcoming flagship facility and headquarters.
In addition, the KPMG Digital Village will support SCAngels’ mentorship program by providing experienced mentors to catalyse the growth of start-ups in the program and collaborate on industry solutions. SCAngels will leverage YCH’s industry knowledge and experience in supply chain management and logistics to provide problem statements as well as real life solutioning capabilities to test bed ideas.
Also Read: <a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/51169-51169/">There’s too much hype about startup space, say Laing and Harbour of Unity Group</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/41135-41135/">Singapore’s NRF awards $30m to CapitaLand, DeClout, Wilmar, YCH to invest in local startups</a>
Speaking on the development, <a style="color: #000080;" href="https://sg.linkedin.com/in/james-ong-mba-cpa-408b2635" target="_blank">James Ong</a>, Partner and Invest Committee Member from SCAngels, said, “We are delighted to work with KPMG on this initiative. Driving innovation within Singapore’s supply chain management and logistics industries is one of SCAngels’ key objectives. Through this collaboration, we will mentor startups and offer them access to key knowledge and expertise, so that they are well-placed to succeed.”
Beyond mentorship and access to expertise, KPMG and SCAngels will adopt an approach that looks at addressing specific business challenges. This aims to help startups build solutions with a strong value proposition that is contextualized to the client’s business needs.
Commenting on the partnership, <a style="color: #000080;" href="https://sg.linkedin.com/in/lyon-poh-73bab823" target="_blank">Lyon Poh</a>, Head of Digital + Innovation, KPMG in Singapore said, “Logistics Technology (LogTech) is one of the sectors identified as part of Singapore’s long-term smart nation vision. It is also one of the key sectorial focus areas for the KPMG Digital Village.
&#8220;We believe that our approach of helping logistics companies to address their unique challenges, coupled with knowledge of industry trends and business issues, will be a good complement to YCH’s depth of supply chain management experience. This will help local LogTech startups to focus the potential of their innovation on the specific needs of logistics companies,” Poh added.
Also Read: 
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/startup-dealbook-37416/">Singapore: HaxAsia rebrands to Enchant.VC, KPMG launches Digital Village</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/mas-launches-fintech-innovation-lab-called-the-looking-glass-51568/">Singapore: MAS launches fintech innovation lab ‘The Looking Glass’</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/singapores-ma-momentum-stumbles-2-51060/">Singapore’s M&amp;A momentum drops in 2016: KPMG</a>

SCAngels and KPMG are partnering to grow logistics startups in Singapore. 

KPMG, Supply Chain Angels partner to grow logistics startups

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

KPMG, Supply Chain Angels partner to grow logistics startups

Start your deal-making journey now!

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief