REAPRA-backed Tribe Theory launches Venture Hotel for startups in Singapore

Vikram Bharati, Founder of Tribe Theory

Venture Hotel, a capsule hotel by Vikram Bharati’s Tribe Theory, officially launched on March 1 with the aim of providing startups and entrepreneurs travelling to Singapore an affordable place to stay.

Located in a heritage shophouse in Ann Siang Road with a capacity of 32 entrepreneurs, the hotel also provides services geared at entrepreneurs such as a workspace and networking events.

Tribe Theory is backed by venture builder and investor REAPRA.

In a statement, Tribe Theory said Bharati, former head of VC investments at venture builder REAPRA, was inspired to launch Tribe Theory while backpacking for two years to over 50 countries and staying in hostels.

“We envision a home-grown hotel chain brand for Southeast Asia and aim to open at least two more locations this year in cities across Southeast Asia with eight to ten venues within the next two years,” Bharati said.

Tribe Theory quoted a study conducted by Smith Travel Research, which found that economy hotel chains represent 3 per cent of total hotels in Southeast Asia, severely lagging behind 10 per cent in Japan and 44 per cent in China.

“Considering the entrepreneurial nature of the region, Tribe Theory aims to fulfil the need for connectivity and affordable accommodation for entrepreneurs by creating a new category in hospitality,” the company said.

To date, Tribe Theory has lodged over 500 global entrepreneurs from over 40 countries in Singapore over its 3-month pre-launch period including, Australian entrepreneur Daniel Liang, Founder and CEO of Qnect, who stayed in the hotel while raising a round of funding.

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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.