The startups, that got funded and their ideas validated, represented segments such as online payments, fintech, teleradiology, realty and job platforms and software services
By Tomas S. Noda III
Highlights of 2015 included telco PLDT as well as Kickstart each launching a $50m investment fund. Patterned after tech hub districts – Block 71 in Singapore, and MaGIC in Malaysia – Philippines’ Innovation Hub was launched last year.
Online loan services firm LoanSolutions has raised funds from the Singapore-based venture capital fund KK Fund (founded by Koichi Saito) and Kickstart Ventures Inc – a Philippine VC firm, which is a subsidiary Globe Telecom Inc. A personal investment was also made by John Dang, CEO and co-founder of Philippine-based online realty marketplace ZipMatch. Details about the… Read more »
Globe Telecom Inc reported that the Securities and Exchange Commission (SEC) in the Philippines has approved the incorporation of its new wholly-owned holding company. Named Globe Capital Venture Holdings Inc, its incorporation came less than three weeks after Globe disclosed the plan to the local stock exchange. Global Capital Venture was… Read more »
Philippine telco giant Globe Telecom Inc disclosed on Tuesday about the creation of a wholly-owned holding company. Globe informed the stock exchange that the holding company is meant to conduct and consolidate new and strategic businesses. “The creation of this holding company aims to provide more focus on developing and growing said… Read more »
Fresh from having $50 million venture capital fund from its parent company Globe Telecom, Kickstart Ventures Inc is scaling up its startup funding in emerging markets, both on investment figures and the kinds of businesses it funds. In an interaction with DEALSTREETASIA, Kickstart president Minette Navarrete said the investment company will now… Read more »
Philippine digital startup CashCashPinoy is planning to get people to experience online shopping. For this, one of the company strategies is introduce the option of cash-on-delivery, shortly.