gp-acc-demo-day-processed-photos-40

Cramstack Plans Big After Graduating From GP Accelerator

Nahid Farzana December 8, 2016

After an intense 4-month boot camp, Cramstack, the Google search for business data pitched to a room full of audience ranging from potential investors to government body at Demo Day. The team has made tremendous progress using the program’s valuable mentorship and curriculum. Their final full-fledged product is targeted to regional and South-Asian enterprises and late-stage startups. They have acquired

Read More
mobile-in-hand-790x444

7.87% Mobile Internet Grows In September

According to Bangladesh Telecommunication Regulatory Commission, The number of mobile

sms-is-still-solving-problems-720x478

Online Tax Returns Site ClearTax Today Announced New Product ClearTax Startup

Online tax returns site ClearTax today announced ClearTax Startup, its

53337553_l-750x505

Digital Rights Foundation Launched A Cyber Harassment Helpline

The Digital Rights Foundation, an advocacy group striving for a

paktor-lead-image-banner

Dating And Social Networking App Paktor Acquired A Controlling Stake In 17 Media

Singapore-based dating and social networking app Paktor acquired a controlling

News

mobile-in-hand-790x444

7.87% Mobile Internet Grows In September

Tousif Alam Bangladesh December 8, 2016

According to Bangladesh Telecommunication Regulatory Commission, The number of mobile internet connections upgraded 7.87 percent to 6.3 crore in September compared to the previous month. As of September, the number of internet connections stands at 6.69 crore. Of the number, 37.94 lakh are fixed broadband connections.  

Read More
sms-is-still-solving-problems-720x478

Online Tax Returns Site ClearTax Today Announced New Product ClearTax Startup

Nahid Farzana Asia December 8, 2016

Online tax returns site ClearTax today announced ClearTax Startup, its new product that gives entrepreneurs tools to start and manage their companies. The product, available at packages starting at a flat price of just under US$300, includes a web-interface that provides flow-charts and step-by-step breakdowns for processes like firm structure, registration, financing, legal compliances, brand protection, eligibility, and government benefits.

Read More
53337553_l-750x505

Digital Rights Foundation Launched A Cyber Harassment Helpline

Nahid Farzana Asia December 8, 2016

The Digital Rights Foundation, an advocacy group striving for a free and open internet in Pakistan, has launched a cyber harassment helpline aiming to help victims of online bullying, blackmailing, and extortion. The cyber harassment helpline isn’t restricted to women only. The helpline can be accessed toll-free by dialing (0092) 0800 – 39393.

Read More
148110181177099

Wipro Has Tied Up With Microsoft Accelerator To Give “Enterprise-Ready” Startups A Boost To grow their business

Nahid Farzana India December 8, 2016

Wipro, the third-biggest Indian IT firm, has tied up with Microsoft Accelerator to give “enterprise-ready” startups a boost to grow their business. Microsoft Accelerator focuses on later-stage startups with a proven product-market fit. With Wipro, Microsoft Accelerator hopes to open business channels to the startups in its roster.

Read More
paktor-lead-image-banner

Dating And Social Networking App Paktor Acquired A Controlling Stake In 17 Media

Nahid Farzana Asia December 8, 2016

Singapore-based dating and social networking app Paktor acquired a controlling stake in live streaming platform 17 Media. The transaction includes a substantial cash injection into 17 Media. Paktor CEO Joseph Phua is taking over the reigns at 17 Media as part of the deal, while former CEO Jeffrey Huang steps into the role of chairman.  

Read More
44710889_m-000

Japanese Mobile And Web App Development Company Monstar Lab Raised US$2.5 Million

Nahid Farzana Japan December 8, 2016

Japanese mobile and web app development company Monstar Lab today announced that it has raised JPY250 million (US$2.5 million) from The Gogin Capital, Resona Capital, and existing investors. The investment will be used to fund the company’s international expansion-plan, as well as an upcoming M&A, in order to be one of the world’s biggest software-development arm for new and upcoming-technologies

Read More
dropbox-breachBBBBB

Paying Customers Will Enjoy Dropbox Offline Folders

Tousif Alam World December 8, 2016

Dropbox has introduced the much requested offline folder support for premium accounts. With offline folders, you can mark an entire folder to be synced and all files will be downloaded and periodically synced when you have an internet connection.

Read More
michael-blakey-william-klippgen

Venture Capital Firm Cocoon Capital Set Up In Singapore

Nahid Farzana Asia December 8, 2016

William Klippgen and Michael Blakey – two of the most experienced angel investors in the Singapore and UK startup scenes, respectively – have set up a US$7 million venture capital firm in Singapore. The VC firm, Cocoon Capital, will focus on seed and pre-series A investments, and will sign checks ranging from US$250,000 to US$700,000 in Southeast Asia and India.

Read More
Google Play Store

Google Testing separate Apps and Games Sections In the Play Store

Tousif Alam World December 8, 2016

Google is now testing a slight redesign of the Play Store on Android, with a lucky few seeing separate Apps and Games sections. This is clearly a limited test at the moment, so don’t get your hopes up for it rolling out to everyone just yet.

Read More
chinese-manufacturing-plant

Singapore-Based Online Marketplace Tjaara Received US$1.2 Million From Senjō Group

Nahid Farzana Asia December 8, 2016

Singapore-based online marketplace Tjaara received an injection of US$1.2 million from Senjō Group, a Singapore-headquartered payments operator and fintech investor. The funding will help the company launch in its chosen markets of UAE, Saudi Arabia, Egypt, and North Africa in the third quarter of 2017. Senjō has also extended US$20 million to the startup in a trade loan.

Read More
Windows-10

Microsoft Making Full Windows 10 Run On Mobile Processors From Qualcomm

Tousif Alam World December 8, 2016

Qualcomm has teamed up with Windows to provide a way to run Windows 10 x86 (32-bit) on ARM-architecture processors such as those found in smartphones of the past couple of years. With next generation ARM CPUs, Windows would be able to run on Qualcomm CPUs with full compatibility.  

Read More
singapore-institute-management-edit

Singapore Institute of Management Kicking Off An Entrepreneurship Support Program

Nahid Farzana Asia December 7, 2016

The Singapore Institute of Management (SIM), a Singapore-based private business school, announced today it’s kicking off an entrepreneurship support program, putting aside US$35 million for this purpose. The first part of the initiative is Platform E, a program that’s meant to be part school and part incubator for both aspiring and more experienced businesspeople. Other parts will be announced later.

Read More
GoDaddy

GoDaddy Buying Europe Group For $1.8B

Tousif Alam World December 7, 2016

GoDaddy has acquired European rival Host Europe Group (HEG) for $1.8 billion — including €605 million paid to existing Host Europe shareholders, and €1.08 billion in assumed debt. HEG has 1.7 million customers throughout Europe, with more than 7 million domains under management.

Read More
delivery-packages-parcels-logistics-china

Logistics Startup Easyship Has Raised US$2.7 Million From 500 Startups

Nahid Farzana Asia December 7, 2016

Logistics startup Easyship has raised US$2.7 million in pre-series A funding from 500 Durians, Silicon Valley VC 500 Startups’ fund for Southeast Asia. The Hong Kong-based company also announced its entry in Singapore. Easyship will use the money it just raised for its Singapore operations and later for expansion to other Southeast Asian countries.

Read More
hyperloop-final

Elon Musk-Backed Hyperloop Is Expected To Launch In India By 2020

Nahid Farzana India December 7, 2016

Elon Musk-backed Hyperloop Technologies is awaiting the government approval to run trails in India, according to multiple reports. Once approved by the Ministry of Transport, the country will see its first hyperloop transport in the next four years, according to Bibop Gresta, Co-founder Hyperloop Transportation Technologies. The operational costs of hyperloop are much lower than any existing railway projects.  

Read More
51422809_m-1

Fenox VC Together With Wistron Corporation Launched A New US$20 Million Fund

Nahid Farzana Asia December 7, 2016

Silicon Valley-based venture capital firm Fenox Venture Capital (Fenox VC), together with Wistron Corporation, today launched a new US$20 million fund to work with tech startups from around the world. Through the new fund, the company aims to fulfill its goal of collaborating with “world-class IT startups” and giving them access to the greater Asian market.

Read More
alibaba

Alibaba Pictures Invests In Irish Movie Data Startup Showtime Analytics

Nahid Farzana China December 7, 2016

Alibaba Pictures, the film and entertainment arm of Alibaba Group, has invested in Irish movie data startup Showtime Analytics, through its cinema ticketing system subsidiary Yueke (aka Finixx). The tie-up will see Showtime and Finixx collaborate to develop products specific to the Chinese cinema industry, the company noted.  

Read More
Google-1-790x527

Google Android App Now Splits Cards Into Feed

Tousif Alam World December 7, 2016

Google released an update for its Android application. New update separates the app’s cards into two sections: feed and upcoming. Google’s cards present users with information such as sports scores, flight details, weather information and more. The update that enables the new functionality is coming to iOS soon.

Read More
37490468_m-1-1

Singapore-Based Capital Firm Ruvento Raised US$25 Million Seed Fund For Hardware Startups

Nahid Farzana Asia December 7, 2016

Singapore-based capital firm Ruvento today announced a new US$25 million seed fund for hardware startups from Singapore, China, and the US. The firm is particularly interested in infrastructure hardware. It is also interested in the commercial applications of drones and robotics, as well as creative use of VR and AR in problem solving.

Read More
instagram-icon-2016z

Instagram Will Soon Let You Turn Off Comments On Any Post

Tousif Alam World December 7, 2016

Instagram has announced a few new features today. First off, you’ll be able to turn off comments individually for any of your posts. This was previously available “for a small number of accounts”, but it will be out for everyone “in a few weeks”.

Read More
gsmarena_001-5

Google Play Movies Now Officially Provides 4K videos

Tousif Alam World December 7, 2016

Since the addition of 4K content to Play Movies has only become official today. Right now 4K movies are only out in the US and Canada. Oh, and only 125 movies can currently be watched in 4K. You’ll need to pay $7.99 to rent a 4K movie, and $29.99 to buy it.

Read More
istock_000023554824large_wide-03c96362b94a628fe30e66255b577aafe5aa01ea-s900-c85

Telecom Regulators Asks Operators To Introduce Voicemail Services

Nahid Farzana Bangladesh December 7, 2016

The telecom regulator has directed mobile phone operators to introduce voicemail services within the next three months. However, the operators are not interested, calling it obsolete. Bangladesh Telecommunication Regulatory Commission sent a letter to all the operators, directing them to introduce the service and build capacity such that at least 10 percent of their customers have the service.  

Read More
kkday

Taiwan-Based KKday Raised US$75M To Strengthen Its Position In Asia’s Online Travel Industry

Nahid Farzana Asia December 6, 2016

Taiwan-headquartered online travel discovery platform KKday, has raised US$7 million in Series A+ funding, led by Monk’s Hill Ventures and AppWorks. Other investors who have co-invested in the round include Hong Kong-based Mindworks Ventures, Cathay Venture and Substance Capital (HK). The funds will be used to accelerate KKday’s international growth and strengthen its position in Asia’s online travel industry.

Read More
grab-app-in-car-stock-photo

Grab Aannounced It’s Beta Testing GrabShare

Nahid Farzana Asia December 6, 2016

Transportation startup Grab announced today it’s beta testing GrabShare, a shared ride-hailing service in Singapore. GrabShare is basically Grab’s version of UberPool: a passenger can book a GrabCar economy ride and then the driver can pick up another passenger on the way. The two passengers are matched together by an algorithm that looks at available drivers, route overlap, travel time.

Read More
datastreamx-team-photo

Singapore-Based Online Marketplace DatastreamX Raised Funding From Wavemaker Partners

Nahid Farzana Asia December 6, 2016

DatastreamX, a Singapore-based online marketplace for buying and selling real-time data, has scored pre-series A funding, raising US$456,000 from venture capital firm Wavemaker Partners, an incubator partner of Singapore’s National Research Foundation. With the fresh funding, the startup will look into how it can help companies create useful products based on their data and bring them on its platform.

Read More
01--Green-Android-Army

Nougat Gets 0.4% Of The Android Market

Tousif Alam World December 6, 2016

Google has updated the Android platform distribution chart. The chart shows that  Nougat 7.0  now at 0.4%, a 0.1% jump compared to where it was in November’s chart. Today Google has outed Android 7.1.1 Nougat for Pixel and Nexus devices, so we’ll probably see that release in January’s chart.

Read More
46904818_m-1

2C2P Partnered Up With Diners Club International

Nahid Farzana Asia December 6, 2016

Singapore-based payments services company 2C2P today announced that it has signed an agreement with global multi-purpose charge card company Diners Club International, a subsidiary of Discover Financial Services and part of the Discover Global Network. Under the new alliance, 2C2P will now be a global acquirer of all cards running under the Discover Global Network.

Read More
google-re-l

Google Releases Personal Safety App ‘Trusted Contacts’

Tousif Alam World December 6, 2016

Google has launched new app ‘Trusted Contacts’ for Android. The company describes it as “a new personal safety app”. It relies heavily on geolocation, and because of that fact it may be thought of as a successor of sorts to Google Latitude.

Read More
amazon-box

Amazon Launches Amazon Go

Tousif Alam World December 6, 2016

Amazon has launched its own grocery store. The store would completely eliminate the role of cashiers. A report from the Wall Street Journal details Amazon’s ambitious (and alleged) amount of 2,000 grocery and convenience stores across the US.From online to brick and mortar, Amazon is finally expanding to physical store locations.

Read More
bsec

Private Companies Can Not Join The Bourses Under Direct Listing

Nahid Farzana Bangladesh December 6, 2016

Private companies cannot join the bourses under the direct listing system, a regulatory measure to protect the interests of investors as well as the capital market. Bangladesh Securities and Exchange Commission last week directed the twin bourses not to allow any private company to be listed directly. Only the government companies or state-owned enterprises can apply the mechanism.    

Read More
graphs_15

Mobile Operator’s Investment Declined While Revenue Increased

Nahid Farzana Bangladesh December 6, 2016

Mobile operators’ investment declined 6.18 percent last fiscal year, while their revenues increased 4.3 percent, according to statistics from the telecom regulator. The six mobile operators altogether earned Tk 22,959 crore and invested Tk 5,317 crore. Of the six operators, only Grameenphone and Citycell bumped up their investments in fiscal 2015-16, according to the BTRC’s annual report.

Read More
gsmarena_001-4

Plex’s Cloud Sync Feature Allows Google Drive, Dropbox, and Microsoft OneDrive

Tousif Alam World December 5, 2016

Media Streaming Company Plex has announced that their Cloud Sync feature – that allows you to sync content from your library to a cloud storage provider – now supports Google Drive, Dropbox, and Microsoft OneDrive. The Plex Cloud team also revealed that they’ve run into technical challenges with the Amazon Drive integration.

Read More
google

Google To Work “Closely” With New Nokia Phones

Tousif Alam World December 5, 2016

Nokia officially handed the keys to its brand to upcoming phone maker HMD, which already has plans for Android-powered phones and tablets. Shortly after the announcement, a rumour about Google being closely involved with the new Nokia phones has emerged online.HMD Global is expected to launch a slew of handsets running Google’s mobile operating system Android.  

Read More
mobile-wallet

Gov To Provide 10,000 eCash Registers To Shops

Tousif Alam Bangladesh December 5, 2016

The government plans to provide 10,000 electronic cash registers to shops, restaurants and other businesses at purchase price in an effort to curb tax dodging in retail sales.The move came after Finance Minister AMA Muhith unveiled the plan to buy the machines in his budget speech. The National Board of Revenue has already taken an initiative to buy the devices.  

Read More
shopee-final

Garena’s Mobile P2P Online Marketplace, Shopee Had A Great First Year

Nahid Farzana Asia December 3, 2016

Garena’s mobile P2P online marketplace, Shopee, had about as good of a first year as could be expected, generating US$1.8 billion in annualized gross merchandise volume (GMV or the total value of merchandise sold) over the last 12 months. Shopee said it got 25 million downloads and 65 million product listings from seven markets over the last year.

Read More
nokia

Nokia-Branded Phones Making A Comeback In 2017

Nahid Farzana World December 3, 2016

Nokia-branded phones are all set to make a global comeback next year. HMD Global, which had entered into an exclusive 10-year brand licensing agreement with Nokia for mobile phones and tablets globally, earlier this year, on Thursday said it would launch the Android-based Nokia smartphone in the first half of 2017.

Read More
workventure-teamphoto-690x390

Thailand- Based WorkVenture Raised US$420K

Nahid Farzana Asia December 3, 2016

Thailand-based job search portal WorkVenture has raised THB 15 million (US$420,000) in a round led by strategic investors Sommaphat Traisorat, Chief Executive of TCC Land Asset World, and Songphon Chaovanayothin, Executive Director of PACE Development Corporation. With the new strategic partners on board, the startup will be able to ramp up growth strategies for the Thai market.

Read More
mobile-in-hand-790x444

Government Starts Toll-Free National Help Desk Number ‘999’

Tousif Alam Bangladesh December 2, 2016

The ICT division has started a toll-free national help desk number of ‘999’ on a trial basis. The country people can get emergency police and ambulance services through the national help desk, the release reads. Initially, the service will be open from 7:00am to 10:00pm and will offer the service round the clock from next week.

Read More
Misfit-Shine

Fitbit To Acquire Pebble

Tousif Alam World December 1, 2016

According to techcrunch report, Fitbit set to acquire smartwatch maker Pebble for around $40 million. Watch maker Citizen was interested in purchasing Pebble for $740 million in 2015. This deal failed and before the launch of the Pebble 2 Intel made an offer for $70 million.

Read More
jungle-ventures-team-picture-ratan-tata

Singapore-Based Venture Capital Firm Jungle Ventures Raised $100m

Nahid Farzana Asia December 1, 2016

Singapore-based venture capital firm Jungle Ventures announced today it has completed fundraising for its second fund, achieving its target of US$100 million. The investment firm will lead in larger series A and B rounds. It will target primarily Southeast Asia but also companies in territories like India and Australia, especially if it can help them expand to this region.

Read More