GrabTaxi said its GrabCar private hire vehicle booking service became the first service of its kind in the Philippines to be fully accredited as a Transportation Network Company (TNC) by the Land Transportation Franchising & Regulatory Board (LTFRB).
Some may see the recent launch of Cradle Seed Ventures Pte Ltd as an initiative to encourage public-private partnership on the domestic startup funding front, but the move has a much bigger agenda: To prevent, or at least to minimise, the number of good deals flowing out of Malaysia.
Education services provider Sync and recruitment portal MauKerja have each raised RM1 million (US$275,000) from Cradle Fund Sdn Bhd and OSK Technology Ventures Sdn Bhd, a wholly-owned unit of OSK Ventures International Bhd (OSKVI).
Thailand-based freelance journalist Susan Cunningham looks into the latest tribulations faced by Rocket Internet-fuelled and once high-flying Easy Taxi.
Singapore has just about arrived as a global startup hub, while Malaysia is still struggling to become a regional one. Is there a role that Malaysia can still play? DNA executive editor A. Asohan thinks so.
With GrabTaxi’s launch of a US$100mil R&D centre in Singapore, DNA founder Karamjit Singh has some questions answered – but of course now has more questions in his mind.
Transport app startup GrabTaxi (known as MyTeksi in its home base of Malaysia) has launched a new R&D centre in Singapore, saying the decision to locate the centre in the island-republic was a “simple” one.
Some of largest financial exits in South-East Asia will be in marketplaces. So long as the target market is large enough, then there is a very real possibility of creating a massive, sustainable marketplace, writes Justin Hall of Golden Gate Ventures.
DNA launches a new channel dedicated to covering the Personal Tech space. Founder and CEO Karamjit Singh explains why, and what the new channel will set out to do.
In this second of two parts, DNA founder Karamjit Singh delves into Vertex Venture CEO Chua Kee Lock’s own experience as a disruptive entrepreneur, the lessons he learnt, and how they shape his philosophy as a VC.