Tuesday, 29 April 2014 00:00

8 New Startups To Watch In Asia

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1. Beatrobo | Japan
Tokyo-based startup Beatrobo is a global, social music service that uses customizable robot avatars as a conduit for sharing songs and discovering new artists. The startup has just received series A investment from Japanese convenience store chain Lawson.


2. In2Nite | Singapore
In2Nite is a last-minute hotel booking app from Singapore which taps on growing demand for last minute room bookings by helping hotels reduce unsold inventory. The startup recently closed its latest funding round led by IDG Ventures and other undisclosed strategic investors.


3. KKBox | Taiwan
Launched in late 2005 as a PC application, Taiwan’s KKBox is a music streaming startup that is available on web and mobile, and also has its own concert ticketing platform. The startup offers a mixture of music, entertainment news, and even organizes its own concerts that are broadcast across the countries they are operating in.


4. freee | Japan
Founded in 2012, freee is Japan’s top accounting SaaS startup which is integrated with over 1,600 banks in Japan, making accounting easier to manage without too much data entry. It also helps small businesses generate tax reports in a few clicks for tax submissions to authorities. The company recently announced that it has received series B funding from DCM and Infinity Venture Partners (IVP).


5. Champion | Thailand
Champion is a live score app for soccer fans who want to stay updated with their favorite teams and players. Its goal is to break down the relevant statistics in all live matches – number of successful passes, saves, tackles, shots, etc. – to give fans unique insight into players’ performances. The startup is backed by three Danish business angels – Ib Sønderby (seasonal angel with IPO and big exit experiences), Henrik Engel (director of a professional Danish soccer club), and Henrik Levring (CEO of the Philippines-based SplitMediaLabs.


6. KAI Square | Singapore
Singapore cyber surveillance startup KAI Square has developed technology which can identify a person by scanning his or her facial features through a camera. It also launched a Video-Analytics-as-a-Service for retailers, enabling them to track store visitors and their behavior. The company has raised aSeries B round from Ingrasys, a wholly-owned subsidiary of electronics manufacturer Foxconn, as well as Innov8, the venture capital arm of Singapore’s largest telco SingTel.


8. xGear | Pakistan
Pakistan-based startup xGear is preparing to go global with a gadget that gives drivers detailed data about their journey and their vehicle. It’s like Fitbit, one of the best ‘quantified self’ gizmos, for your car. The startup was recently incubated by Plan 9 in its third batch, but first came to our attention last year when it was one of the most promising teams at Pakistan’s Startup Cup.


9. ChaseFuture | China
ChaseFuture is a Shanghai-based, globally-focused education startup which offering college and grad school applicants with personalized, top-quality admissions consulting. The company has secured seed funding led by a series of reputable names in the global VC space. They include: Florida-based Banyan Partners, California-based Harbor Pacific Capital, William Bao Bean of SingTel Innov8, and Shanghai’s AngelVest consortium.

Read 665 times Last modified on Monday, 28 April 2014 22:07
Mary Chan

Mary is the Senior Editor at fundedflow