Asia Digest: BYKidO closes pre-seed round; Malaysia’s GoGet receives grant

LUOYANG, CHINA - MAY 29: Children take part in a football contest in celebration of upcoming International Children's Day at a kindergarten on May 29, 2018 in Luoyang, Henan Province of China. Football has become a compulsory part of the national curriculum in China. (Photo by VCG/VCG via Getty Images)

Singapore-based BYKidO announced that it closed its pre-seed funding while Malaysia’s GoGet received grants after winning UNCDF B40 Challenge at MyFintechWeek 2019 in Kuala Lumpur.

BYKidO closes pre-seed funding round

BYKidO, a Singapore-based event discovery platform for families, has closed $161,612 in pre-seed funding round from undisclosed investors.

The company, set up in 2016, was funded by Mediacorp as the part of the Mediapreneur Incubator Programme in 2017.

The funding proceeds will be allocated to improve its existing tech infrastructure, deepen marketing strategy, and onboard new partners. The startup serves over 50,000 parents monthly across the BYKidO App, bykido.com, social media, and newsletter.

GoGet bags grant at UNCDF B40 Challenge

GoGet, a community platform for part-time workers, has received $24,300 in grant after winning UNCDF B40 Challenge at MyFintechWeek 2019 in Kuala Lumpur.

The UNCDF B40 Challenge is held by Metlife Foundation and Financial Lab Innovation Malaysia – in partnership with UNCDF, Bank Negara Malaysia, and Malaysia Digital Economy Corporation.

With UNCDF, the company will develop a pilot auto-savings and on-demand insurance.

GoGet is an errands and delivery platform that allows verified workers to sign up for part-time jobs, namely helping to deliver foods or groceries, moving bulk goods, among others.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.