Startups • Entrepreneurs • digital economy

Aussie startup Data Republic to expand with funding from Singtel's Innov8 and SIA
SINGAPORE (Dec 4): Australian tech startup Data Republic is set to expand its presence in Singapore with funding from Singapore Airlines (SIA) and Singtel’s venture fund Innov8. SIA this morning announced it has acquired a minority stake in Data Republic to enhance its digital capabilities. The group acquired its stake in Data Republic via placement of new shares. Data Republic’s ...
Hyundai reinvests another US$250 mil in Grab
SINGAPORE (Nov 7): Ride-hailing company, Grab, has secured US$250 million ($343.5 million) in investments from South Korean carmaker, Hyundai. This is Hyundai’s largest external technology investment and 10 times more than its earlier commitment to Grab in Jan 2018. With the intention to further expand in Singapore, Hyundai will also be providing 200 Hyndai electric vehicles to Grab’s ...
Skip the pantry and get a health check-up at that office kiosk instead
SINGAPORE (Oct 29): Healthtech startup Smartfuture has successfully installed 26 self-monitoring health check-up kiosks in offices across Singapore since March this year. Employees in these offices use the kiosks to check key health metrics such as blood pressure, blood glucose, Body Mass Index, SpO2 (blood oxygen level) and ECG. They then receive personalised diet and fitness ...
Go-Jek launches drivers pre-register portal
SINGAPORE (Oct 29): Go-Jek on Monday launched a portal through which drivers can pre-register to use its platform. By signing up, drivers will have the opportunity to be among Go-Jek’s first driver-partners in Singapore. "The portal, which can be found at www.go-jek.com/sg/join is the only official online channel for Go-Jek driver pre-registration", says Go-Jek in its press release. Over ...
Bangkok's 'Dr Love' woos Chinese couples with fertility tours
(Oct 19): From a luxury spa in central Bangkok, Wei Siang Yu hopes to lure Thailand’s latest tourist target: couples needing a bit of extra magic to make babies. Billed as “second-honeymoon” breaks, Wei provides wellness treatments in tranquil surroundings designed to boost the chances of naturally conceiving and bearing a healthy child. The Singaporean national has ambitions of hosting ...
UOB launches Engagement Lab to meet banking needs of Asean's booming digital generation
SINGAPORE (Oct 18): United Overseas Bank (UOB) today launched its pan-regional Engagement Lab (eLab), which enables it to personalise the way it converses and serves its Digital Bank customers. The UOB eLab is the first dedicated unit set up by a bank in Southeast Asia that focuses on using the latest technology and behavioural insights to deepen customer engagement. UOB will be setting up ...
EY launches wavespace centre to help businesses transform through innovation
SINGAPORE (Oct 9): EY has expanded the number of wavespace centres worldwide to 18. With the launch of the latest wavespace centre at Robinson Road, local companies can collaborate with EY and transform their businesses with disruptive technologies. Seamlessly connected to the other 17 global centres, companies at the wavespace centre can work alongside similar businesses in other countries ...
UOB and NTUC launch digital innovation awards programme for SMEs
SINGAPORE (Oct 5): United Overseas Bank (UOB) and labour movement initiative NTUC U SME on Wednesday launched the SME Digital Leap Awards at the Winning in the Digital Economy for SMEs event, which saw the attendance of more than 200 SMEs. SME Digital Leap Awards is a dedicated digital innovation award to recognise small- and medium-sized enterprises (SMEs) and their employees in the fields of ...
Airbnb's China foe is said in talks to raise over US$200 mil
(Sept 28): One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s sovereign wealth fund and other investors for more than US$200 million ($274 million) in new funding to take on the American home-sharing giant, according to people familiar with the deal. Beijing-based Xiaozhu.com, said to have been a potential acquisition target for Airbnb in 2016, lets users rent and host ...
By plowing millions into Uber, Toyota eyes the future of cars
(Sept 27): Toyota Motor Corp, Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That’s behind the hefty investments that the company has made in ride-hailing providers, most prominently the US$1 billion ($1.36 billion) that it poured into Southeast Asian leader Grab. Toyota sees the partnership as an opportunity to get Grab to buy more of its cars ...