12 Asian startups gunning for $500k at Seedstars World 

Twelve Asian startups will be competing against 24 others emerging market startups for a $500,000 cash prize at the Seedstars World (SSW) Grand Final Competition, on February 4, 2015 in Geneva, Switzerland.

The 12 Asian startups are Scandid (India), Studypact (Japan), KPOP United (South Korea), Washbox24 (Thailand), Triip.Me (Vietnam), Salarium (Philippines), Tapway (Malaysia), 6Degrees (Singapore), QSearch (Taiwan), Rumarocket (China), and GoFar (Australia).

The 24 other countries represented at SSW include Turkey, Russia, Azerbaijan, Armenia, Serbia, Iran, UAE, Jordan, Lebanon, Palestine, Morocco, Senegal, Ghana, Nigeria, Uganda, Rwanda, Kenya, South Africa, Mexico, Colombia, Peru, Chile, Argentina and Brazil.

The startup finalists will take part in a three-day bootcamp organized in partnership with EPFL, a leading European engineering school; and coaching them on their business model are International investors & mentors from top accelerators like BBooster, The Founder’s Institute, Chinaccelerator as well as from the business strategy consultancy Galixo.

Several top investors will serve as the jury at the SSW, namely Johnny el Hachem, the CEO of Edmond de Rothschild Private Equity, Seedstars World’s investment partner, Jose Marin the founder of Serendipity Investments and Jessica Thorell of Investment AB Kinnevik; and top entrepreneurs such as, Jens Lapinski, the managing director of Techstars and Marco Corradino, the co-founder of Bravofly Group.

The winner will be announced during the final event hosted on the first day of the Lift Conference, one of the top innovation and tech conferences in Europe.

Alisee de Tonnac, Seedstars World CEO, said the upcoming SSW event is the culmination of a nine-month search for the world’s most innovative tech startup outside Silicon Valley.”Seedstars World will hold its worldwide competition every year and we are expecting to grow exponentially to all the corners of the world,” Tonnac said.

During its world tour in 2014 more than 1,500 startups from eastern and central Europe, Africa, the Middle East, Asia, and Latin America applied to participate in Seedstars World. Based in Geneva, Switzerland and founded by Alisee de Tonnac and Pierre-Alain Masson, the competition is supported by the venture builder Seedstars SA.

12 Asian Startups and their business model

India’s Scandid will showcase the country’s only Barcode based product discovery and price comparison app.

Japan’s Studypact will pitch for its Carrot & stick motivation for e-learning based on earning or losing monetary bets.

KPOP United of South Korea will present Krowdpop, which is the world’s first concert crowd funding platform dedicated to K-pop.

Thailand’s Washbox24, however, is betting on “Asia’s #1 laundry store”

Meanwhile, Vietnam’s Triip.Me will pitch for a crowdsourced platform for local experiences and tours.

Salarium of the Philippines will promote its solution that reduces office admin costs by automating business processes and puts more focus and control on employees.

Tapway of Malaysia will deliver insightful actionable data to help retailers improve their business performance by understanding key factors that influence sales.

Singapore’s 6Degrees will explain a self-updating private phonebook where users can update their details on friends’ phones remotely, discover mutual friends and places.

QSearch of Taiwan is batting for “Google for Social Media Data.”

Rumarocket of China attempts to help companies save on time and money through a set of patent pending automation tools (machine learning algorithms) that makes hiring more efficient.

GoFar of Australia will pitch for an easy to install device that helps drivers monitor and gamify their driver style, making it more eco-friendly and cost efficient.