Monday 23 May 2016

Social entrepreneurship accelerator Tech For Good lands in Singapore

Social entrepreneurship and Civic minded Technology is slowly grabbing attention worldwide for sure and Singapore is not excluded. Though this sector is not new recently it started to be a little more in lime light with support of established players. The Singapore National University has programs for Startups in combination with Social Venture Challenge and Center for Social Enterprises of Singapore or raise in other words is another body that is raising awareness and buoy up for social enterprises in Singapore.

Raise is member of AVPN, the Asian Venture Philanthropy Network organization that has two hundred and fifty members of over thirty countries and these countries seek to boost the stream of financial, intellectual and human capital to social sector and improve social influential efficiency of its members across pacific reason.


The Tech For Good co-founders. (From L to R:) Yoav Elgrichi, Kineret Karin, Nir Shimony. Photo credit: Tech For Good.

The Tech For Good co-founders. (From L to R:) Yoav Elgrichi, Kineret Karin, Nir Shimony. Photo credit: Tech For Good.


Now there is another member of Asian Venture Philanthropy Network by name Tech for Good that announced that it is entering Singapore and Southeast Asia. Tech for Good is an organization that is devoted to buoying up social tech and entrepreneurs. It started two years ago in Israel and is with vision to make most out of tech innovations the country is known for. Tech for Good works as accelerator to socially minded startups named Tech For GOOD Rally. According to Co-Founder Yoav Elgrichi, Presently Tech For Good plans to turn Singapore into a regional hub for social tech. According to The Chief Executive Officer and Co- Founder Nir Shimony the demand to for application of technology for social problems was always a good option present. He also points to Israeli startup Talkitt whichisa company that was benefitted by the program. Talkitt developed an app by which the speech impaired people can speak and their words could be understood by common people.


http://www.t4gsg.org/



Social entrepreneurship accelerator Tech For Good lands in Singapore

Saturday 21 May 2016

If you have a brilliant Idea for startup BuiltForFree would help you realize it

With commerce going digital, there are a lots of enthusiastic entrepreneurs coming with new innovative idea of make money and fame. They are unfazed by ups and downs, go- getters who would not rest until they have achieved what they thrived for. They wade through troubled waters to make things work and to make things work. They never take failure as end but overcome it and these qualities are what makes then stronger and successful. Struggles are inevitable in starting up any business but it is very rare that one gets to start a chance to become entrepreneur without any investment. BuiltForFree is that rare opportunity where one can launch their product with no investment at all.
If you have a brilliant Idea for startup BuiltForFree would help you realize it 1builtforfree.com/”>BuildForFree is an initiation of Egghead Creative which is a wide open platform started in 2015 with an aim to assist people who are making their debut start-up with help of their ideas. The concept consists of submitting an idea which is validated and then a free working prototype is built for the idea. Egghead Creative is a technology Boutique startup based at Hyderabad that works as strategic advisory and consulting encouraging entrepreneurs. All one has to do is submit their ideas to BuiltForFree which in turn puts the ideas to vote of jury and the winning idea would be announced to which a prototype would be built and launched for free. This startup has authentic prowess in building end to end solution of web and mobile. The first success came to BuiltForFree in Summer 2015 campaign in which it received 150 idea applications and H2O cab services was declared the winner. BuiltForFree plans to hold the next campaign in February 2016. This campaign is an opportunity for the struggling entrepreneurs to present their ideas and realize their dreams. The Egghead Creatives and BuiltForFree brings volunteers and and mentors on one platform to provide functional head that would simplify the execution of the first crucial step.



If you have a brilliant Idea for startup BuiltForFree would help you realize it

Wednesday 18 May 2016

Something’s rotten in India’s startup scene

Though there are thousands of startups and hundreds getting funded and countless people online to create in digital market and flourishing startup echo system of India, Sharad Sharma is not happy. Sharad Sharma is earliest startup mentor who is also most respected in Indian tech industry. He is also angle investor active with two dozen of investment and co-founder of ISPIRIT the Indian Software Production Industry Round- Table. ISPIRIT held a closed door retreat called Product Nation Growth – PNGrowth for 200 selected startups to see if these startups are prospective enough to become leaders in their class either in domestic market or global and if they could be a forte aimed at SaaS solution or even a cloud based customer support kit. It was a real painful process. The entrepreneurs had to deal with unnerving question from peers and co-hosts of the program, the professors from Duke University and Stanford University.


ISPIRT held a closed door retreat in Mysore, last month for 200 chosen startups. Photo credit: Ahimanikya Satapathy

ISPIRT held a closed door retreat in Mysore, last month for 200 chosen startups. Photo credit:
Ahimanikya Satapathy


Nobody in the echo system actually calls a startup a prospective failure. The VCs politely tell them to come again when they have more footing and the mentors are poorly qualified to assess, said Sharad. PNGRowth with volunteers from iSPIRIT and grants Universities was free and it showed an unvarnished mirror of startups which was not gratifying though the startups who attended represented the cream of Indian startup scene. Sharad expected at least 60 out of 200 startups to come up to expectation but it was only 14 which is clearly shows that we are creating quantity but not quality. The sad part is the rest who are not up to the mark do not even know it and are only wasting precious time .the only persons benefited are test prep centers. This situation does not solve the country’s economic issue. The Ecosystem needs to have minimum success levels to get escape velocity which does not seem possible by the result seen in retreat even conducted in Mysore.


http://www.pngrowth.com/



Something’s rotten in India’s startup scene

Wednesday 11 May 2016

FrenchBob – The gifting superhero

Birthday invitations, Wedding invitations, baby shower invitation or bridal showers, house warming whatever invitation we get the first thing that comes to our mind is what should we gift them, what would they like, would the gift fit into our budget? All these are the questions that bother us and make us spend sleepless night. It is very nerve wrecking task. Though there are numerous gifts and gifting stores, they only add to our problem. Now the best thing is we have startup that can put an end to this problem. FrenchBob is panoramic gifting platform from which one can customize, get recommendations, buy or sell gifts online. The FrenchBob team has been working on the gifting idea an year ago researching both the demand and supply angle and finally launched a beta test platform and seeing the success they launched fully fledged version in November 2015. FrenchBob is a one stop gift solution shop that has gifts for all occasions and for all ages, presents for foodies, cartoon lovers, party animals, smokers, drinkers, weddings, couples, mom and dads, sisters, brothers etc. they also have midnight deliveries and early in the morning deliveries based on occasions. The range of gifts is huge, with gift hampers, accessories, gadgets, cakes, flowers, personalized experiences, soft toys, musical instruments, books, chocolates and almost anything you can imagine.


FrenchBob Team

FrenchBob Team


Apart from wide variety of gifts one gets unique services like assistance to find perfect gift through gift recommendation engine, Collection of unique personal utility gift all at one place, fast and specific day delivery by logistics set-up owned by FrenchBob.

Monish who is co-founder of FrenchBob is a BBM from Gitam Vizag and an MBA from Liverpool’s John Moores University. He was also a part of some startups of Hyderabad including GiveMeFood. Presently FrenchBob has 9 passionate employees of NITians and Top MBA from Top B-Schools. FrenchBobs have experienced decent traction rate in their sales with average of 200 orders and average order value of 1500Rs.


frenchbob.com



FrenchBob – The gifting superhero

Thursday 5 May 2016

Dah Makan The Hottest Food Delivery Startup In Malayasia

For both the startups and Venture Capital , the hottest sector is food delivery presently and this is rightly so because online food orders are fifteen percent of juggernaut seventy billion US dollars and is growing as more and more people are moving to internet for everything and this includes food as well. The startups and investors are in rage to go into action as soon as possible and competition is rising rapidly but there are a lot of opportunities available for entrepreneurs who want to make a mark in Asian countries that are making a change through changing purchasing behaviour of consumer and development of technology.


Dahmakan Founders

Dahmakan Founders


Dah Makan means Have You Eaten in Bahasa the Malaysian language and this is the name of a startup founded by Jassica Li. This startup controls the value chain of food from start to end that is preparing fresh meals on their own in their house and then delivered to the customers who ordered them through online website or app. Jassica Li was born in HongKong and did her education in United Kingdom and Australia. She founded Dah Makan in Malaysia about a year ago in 2014. She had a previous experience working in marketing branch of Food Panda that is in Hong Kong. She has a very strong consulting experience in food and she has love for healthy meals. Jassica could see and understand the changing habits and shifts in preferences of food of present generation in Kuala Lumpur and acted to it by creating a new food delivery service for the people who are health conscious. With the help of two co-founders Christian Edelmann and Jonathan Weins , Jassica Li Founded Dah Makan investing from their pockets then two angel investors came in and they chipped in three hundred and twenty thousand US dollars. Launching a Tech startup Jessica found startup community very welcoming.


https://dahmakan.com/



Dah Makan The Hottest Food Delivery Startup In Malayasia

Wednesday 4 May 2016

Ambitious plans of a Mumbai based startup to on board one million merchants in one year

The common man is benefiting a lot from the facility of mobile payments which has simplified payments. It has also eliminated the use of cards and cash in the daily transactions. India has become the second largest market for telecommunication with networks providing 3G and 4G across the country at affordable prices. What’s more the rural areas in India make up one fourth of the total subscribers.
The Mobile Wallet was founded in 2015 and is a Mumbai based online payment solution startup. This solution makes use of barcode and QR code technology for processing the payments. The transactions are safe due to the encryption and they are also reliable and convenient. Both online and offline merchants are able to accept payment with the help of this technology. You do not have to share your card or bank details with the merchant. This startup is using a 256 bit encryption data security which ensures that the bank credentials of the users remain safe.


The Mobile Wallet Team

The Mobile Wallet Team


A unique QR code is used to map each customer and merchant which ensures proper identification and security. The app also has a bar code scanner which reads the QR code and the data is passed through encryption. Along with the locational intelligence the app can also interact with most of the merchants close by. IoT is also an area which the company is exploring in order to make the payment systems simple. At the same time efforts are on to develop a technology for the last mile payment and the discovery stage in the journey of the customer.

The company has recently received Rs. 33crores from an angel investor. Vinay is 34 and has completed his bachelors degree in Business management from Drexel university, Philadelphia, US. In his current position he is acting as the Director of DigiPort based in Mumbai and as the MD of QueMobile which is a telecommunication company. With his initial success and establishment he was inspired to further explore the technology industry due to which he started mobile Wallet. The Mobile Wallet works on 2G and has small store owners as the target.


https://themobilewallet.com



Ambitious plans of a Mumbai based startup to on board one million merchants in one year

Tuesday 3 May 2016

TinMen a food office delivery app rises funding from Lead Angels

The start of New Year 2016 has been a year of progress and development. It has seen a lot of progress in Hyderabad city with new ventures coming into being, progressive events happening and investors getting busy looking for most promising startups to invest and help them progress. Lead Angles is one such Funding platform that funds the right company at right time and help it grow. This platform funded a Hyderabad based startup that delivers food to office called TinMen. The amount invested as angel round of funding was not disclosed.


Founders Mukesh Manda and Chaitanya Degala.

Founders Mukesh Manda and Chaitanya Degala.


TinMin the Food delivery startup aims to deliver corporate meals to office goers in Hyderabad at very affordable price. The starting price of a meal is fifty rupees. This startup has menu to fit into individual taste and also corporate meals menus on its site. The startup claims that it is technology enabled copy of Mumbai’s Dubbawalas and its food is prepared by home chefs and taste is relished by majority. According to Mukesh Manda, TinMen is a virtual café and first food delivery platform that offers B2B model in food sector. TinMen claims to do average of 8000 lunch packs per day and has forty percent customer retention.

According to Vinutha Rallapalli who is the Vice President of Lead Angels, Food technology space is widely discussed sector in these days and it is high time for a well designed and mature startup in the space. This fits into TinMen as it delivers Multi Restaurant services and multi cuisine at affordable and reasonable rates and it also has a unique delivery model. Lead Angels has invested in gem of startups TinMen for sure and it is a stepping mile stone for both the parties in their respective lines and a lucky chance for their future plans and development.


http://www.tinmen.in/



TinMen a food office delivery app rises funding from Lead Angels