Week in Review
The Singapore Government’s move to allocate US$30 million to four large corporates to be used for startup funding strikes Karamjit Singh as major recognition that digital is a mega trend that brick-and-mortar companies need to deal with.
Karamjit Singh points out that SMEs are laggards in adopting digital marketing, but they have very good reasons for being so. Even startups staffed with digital natives are struggling to properly manage this.
Singaporean consumers no doubt are rejoicing at the entry of a new mobile player, and while Ensogo goes in search of profitability, DNA gives you two bites of that story for you to taste.
Ashran Ghazi may be tasked with getting MaGIC back on track to its original mandate, but it may be a case of ‘damned if he does, damned if he doesn’t,’ writes A. Asohan.
Despite months of down or flat funding rounds, the SEA ecosystem has shrugged off news of MOL Global’s delisting to power ahead with Ninja Van’s Series B funding, writes Karamjit Singh.
While most of the startup ecosystem hails the Alibaba deal for Lazada as being positive, Karamjit Singh presents two different views about its impact.
DNA looks at some of Garena’s numbers and breaks the news of the new MaGIC CEO, to be announced next week, writes Karamjit Singh.
With its latest investment into Singapore’s Garena, the Malaysian Government’s VC arm Khazanah Nasional is making bets on late stage startups, writes Karamjit Singh.
Singapore makes clear the importance of technology and innovation in its Budget 2016, while SEA startups receive a US$15mil boost from the SuperSeed Fund.
The honesty and authenticity coming out from ‘In the Trenches with DNA’s Digerati50’ panel sessions are proving to be a useful counterbalance to the too-bright a picture painted about entrepreneurship, writes Karamjit Singh.