Silicon Valley’s Spinta Accelerator expands operations to Singapore, India & Thailand

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Silicon Valley based Spinta Global Accelerator that launched operations last month, is spreading its wings to India, Singapore and Bangkok, its founder Prashant Parekh, said in an interaction. Spinta will see its Bangalore launch on August 26, in partnership with India’s IT industry body NASSCOM, followed by its entry into… Read more »

CoAssets in talks with Malaysia’s Securities Commission for equities crowdfunding permit: Getty Goh

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Singapore-based crowdfunding platform CoAssets, which recently celebrated a landmark, with the success of its first local real estate project, is in talks with the Malaysian’s Securities Commission  to extend its offerings there, its founder and chief executive, Getty Goh, said in an interaction. Australia-listed CoAssets did not make the cut when Malaysia… Read more »


Fintech will lead PH to a new digital payments landscape: John Bailon, Satoshi Citadel

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Fintech startups are seen to lead the Philippines — a country with 70 per cent unbanked population — to the digital payments landscape.


Potential for the online space in Myanmar is huge: House.com.mm’s Sophie Garnier

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With 330,000 people moving to Yangon every year, and urbanisation taking place across the country, House.com.mm is putting plans in place to ensure it continues to the property search in firm in Myanmar, Sophie Garnier, co-country manager of House.com.mm, a Rocket Internet venture venture in Myanmar, said in an interaction. The portal,… Read more »


In effectual ecosystem, entrepreneurs build companies that are focused on partnership: Nick Norena, IPP Vietnam

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The most important part of building a startup accelerator in Vietnam is to take all the right practices and translate them into the needs for the local market, says Nick Norena, who is a mentor at the Training for Trainers (ToT) programme at the Innovation Partnership Program (IPP). IPP, which has been jointly developed… Read more »


Core of strategy is clarity of purpose: Jamie Camidge, muru-D

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Valuations for startups in ASEAN still modest, allowing for more bets to be made, and investments in this space growing at 200 per cent year-on-year, Jamie Camidge, the head of Strategic Partnerships & Alliances at Telstra-backed startup accelerator muru-D,, said in an interaction. Camidge was of the view that Singapore… Read more »


Derivatives market launch in 2016, will help cos hedge interest rate & exchange rate ops in Vietnam: SSC

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The Ministry of Finance, Vietnam has set a target to form a derivatives market by the end of next year. It recently issued a Decree 42/2015/ND-CP as the official legislation to frame the operation of the instruments. Through 15 years of development, Vietnam has operated only the stocks and bond markets…. Read more »


Financial metrics vital to proving venture to investors: Futurebooks

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As the regulatory terrain of startup ecosystems in Southeast Asia and beyond evolve, entrepreneurial ventures need greater expertise and guidance in shaping their policies and strategies, in addition to their bookkeeping, Namita Sethi, managing partner in Futurebooks, said an interaction with DEALSTREETASIA.  Edited Excerpts: Accounting and finance are not the ‘sexy’ part of forming a… Read more »


KFit’s need for speed: Charting growth with three-month checkpoints

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Two weeks ago, KFit was the buzz word in regional technology startups and venture capital news flow. The subscription-based fitness sharing platform founded by former Groupon head of Asia-Pacific, Joel Neoh raised its second seed funding of $3.25 million from US-based Sequoia Capital, a considerable feat for a Malaysian-based startup… Read more »


More action required to achieve Vietnam’s privatisation goals: World Bank

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Vietnam will have to privatise some 240 state-owned enterprises (SOEs) within the second half of 2015. to meet its privatisation targets. It was able to privatise, and that too partially, just 27 SOEs in the first quarter- amounting to a mere 9.3 per cent of the total number of state-owned… Read more »