Issue #054: Startup Sri Lanka, gaming in China, Indian VC, Startup Disruptor Arena…
Asia’s tech, startup and funding news in brief, drawn from South & SE Asia, Australia & NZ, with wider-world items for reference. Get the app here
China to limit the amount of time online gaming available to minors to just 3 hours most weeks — www.bloomberg.com
China will limit the amount of time children can play video games to just three hours most weeks, a dramatic escalation of restrictions which dealt a blow to the world’s largest mobile gaming market…
Standard Chartered, Hong Kong’s Linklogis partner for Olea, blockchain platform for supply chain financing — www.coindesk.com
The platform is intended to give investors access to investment options for returns aligning with their risk profiles, the companies said. Specifically, investors…
India: Maharashtra planning new VC fund to encourage startups, looking to fund 24 rising companies — www.livemint.com
Currently, Maharashtra runs a venture capital fund with Sidbi, where it has invested in over 20 startups.There will be a ‘M-Hub’ at Mahape in Navi…
Philippines: Intellectual Property Office launches IPHatch Competition, incubation program — mb.com.ph
The technology prizes are used for disaster management, data sharing and infrastructure, and augmented reality and virtual reality. The winning startups will also receive mentoring, access to…
Vietnam: Vietcetera gains $2.7M pre-Series A with digital medial network focused on millennials and Gen Z — techcrunch.com
Ho Chi Minh City-based Vietcetera, a digital medial network originally created for millennials and Gen Z, will broaden its target demographic after getting…
The 10 finalists selected for Startup Disruptor Arena, taking place on Day 1 of Wild Digital Indonesia conference — www.wilddigital.com
This year, you get to be a part of the selection process! The winner will be chosen based on 70% judging score and 30% public votes. Help your favorites win by casting your vote today…
ScaleUp Malaysia Accelerator Cohort 3 applications close September 2nd — www.scaleup.my
Up to 20 shortlisted companies / 2 months intensive deep business analysis, coaching & networking / 1 month investor readiness bootcamp to prepare you for fund-raising / Up to 10 companies selected for RM250K investment from VCs…
Sri Lanka: SLASSCOM launches Startup Sri Lanka web portal, aiming to generate 200K employment… — www.ft.lk
Spearheaded by SLASSCOM’s Entrepreneurship and Innovation Forum, ‘Start up Sri Lanka’ is focused on four key strategies, namely, fostering and nurturing startups to become successful internationally…
India: Gov’t launches virtual school concept to allow millions of eligible students to complete studies — www.livemint.com
This will be implemented via National Institute of Open Schooling, but will be fully digital in nature
Download: Startup Outlook Report 2021 from InnoVen Capital India (pdf) — ow.ly
Strong demand recovery after a few months of severe Covid disruption … two thirds of companies above Pre Covid revenue run-rate by Dec’20. E-Commerce, Logistics (E-Com), B2B platforms…
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