[ANNOUNCEMENT] We're pleased to announce the newest faces at Accelerating Asia Ventures: Meet Cohort 10! These 9 startups are some seriously kick-ass businesses. We've spent months searching, reviewing applications and interviewing hundreds of startups around Southeast Asia and South Asia. For this batch, the acceptance rate was only 1.8% so it was a pretty tough decision to make. In alphabetical order, here are the incredible 9 blazing new trails in their industries: 🚀 Blursday is a complete ai powered branding and enforcement solution for startups and early teams 🚀 Chhaya is Bangladesh’s first tech-enabled micro-insurance provider 🚀 PT. Investa Hipa Teknologi (HiPajak) is best AI tax consultant for SMEs and individuals. 🚀 Living Roots makes probiotics and supplements for crops, increasing productivity by 30-60% 🚀 Myfitsociety is Indonesia's No. 1 women’s wellness platform. 🚀 Palki Motors Limited is Bangladesh’s first electric car and truck manufacturer. 🚀 Prospero Solutions is the first Risk Management SaaS for the Indonesian Enterprise 🚀 Pulse Tech Ltd. is Bangladesh’s No. 1 B2B e-commerce for retail pharmacies 🚀 Relaxy makes mental health easy with community, AI, and therapists
Accelerating Asia Ventures
Venture Capital and Private Equity Principals
Central Business District, Singapore 13,290 followers
We invest in brave ideas to catalyse positive change.
About us
We invest in brave ideas to catalyse positive change. Accelerating Asia is an early-stage venture capital fund headquartered in Singapore. We are passionate about driving success for entrepreneurs and supporting them with the tools, resources, and networks to accelerate their growth. Our award-winning flagship accelerator program and pre-series A fund works with high-impact and high-potential startups from all sectors across the region and sets them up for success. Startups receive competitive funding at founder-friendly terms, and have access to best-in-class mentors, investors, customers, and our network of partners. Through strategic partnerships with multinationals, governments, development organisations and education institutions, we support better engagement with startups and more effective implementation of new technologies.
- Website
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http://www.acceleratingasia.com
External link for Accelerating Asia Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Central Business District, Singapore
- Type
- Privately Held
- Founded
- 2018
- Specialties
- innovation, startups, startup acceleration, networking, investor, partnerships, entrepreneurship, entrepreneurs, asia, ventures, and venture capital
Locations
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Primary
25 Church Street, #02-02 Capital Square Three
Central Business District, Singapore 049482, SG
Employees at Accelerating Asia Ventures
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Ivy Huq Russell
Partner | Board Member | Founder Turned Investor | CEO | Young Global Leader - World Economic Forum | Google Launchpad Mentor | EIR
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James Coffey
SaaS Go To Market Consultant, Advisor, Angel Investor
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Michael Buchholz
CMO / Founder / Board Member / Mentor / Educator / Singapore PR
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Pradeep Desu
Building Zamp (Fintech & Crypto) | Startup Builder
Updates
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Yesterday we hosted our second Cohort 10 Demo Day event - a virtual pitch event to over 100 attendees. In total. over 200 people - investors, ecosystem partners & mentors - joined us for our Cohort 10 Demo Day events in person and online. A big THANK YOU to those who could make it. And wow, when the team were first planning these events, we could not have imagined this level of support from the Accelerating Asia Ventures community. The response from investors that have attended our Demo Days has been incredible. Two startups from the batch closed their round before Demo Day event kicked off. Another three had over 90% of their rounds committed within 24 hours just from investors attending our Singapore Demo Day, and are on track to close their rounds this week. Others in the batch are quickly closing commitments too In case you missed out, don't worry, we'll be sharing the event recording soon!
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And that's a wrap on our Cohort 10 Demo Day in Singapore! Big shoutout to our friends at Microsoft for Startups for hosting us. Demo Day marks the end of the 100-day accelerator program for Cohort 10 and what a way to end! The numbers are still coming in but we can report that 2 startups closed their rounds in during the accelerator program and at least 2 more closed 90% of their rounds directly as a result of the Demo Day event. How awesome is that! But don't worry, if you missed out on Demo Day last week, there is still one more chance to see Cohort 10 pitch live. We're hosting a Virtual Demo Day this THURSDAY 12th December at 5pm GMT+8 RSVP here to join us: https://lnkd.in/gAR2VNVx
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Today is Demo Day in Singapore! In case you missed out on attending, we're hosting not one, but TWO Demo Days for one cohort. To make Demo Day more accessible to our friends overseas, or traveling at the time of the Singapore in-person event, or those who simply missed out on the in-person event this time, we will be hosting a Virtual Demo Day event in one week, on the 12th December 2024 See the 9 startups pitch live at Demo Day live, online on the 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
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Founder of Palki Motors Limited, Mustafa, is an electrical engineer and paid his way through university in America by buying old junk cars, fixing them up, and selling them. After graduation, he built Bangladesh’s first electric car in 2013. Now, he's launched Bangladesh's first home grown electric car company. By using innovative micro-factory designs, Palki Motors reduces overhead by 55%, increases production speed by 60%, and requires 70% less CapEx than traditional car manufacturers. https://lnkd.in/gjWcCPYp See them and the 8 other startups from Cohort 10 pitch live at Demo Day, on the 5th and 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
Portfolio Spotlight: Palki Motors Limited
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Relaxy makes mental health easy with AI, community and therapists. Users average 24 minutes daily time in App, spending that time chatting with other users, listening to guided meditations, or booking therapy sessions. This is not just a "nice-to-have", Relaxy has already saved 138 lives by offering support to users with suicidal ideation. Now Relaxy are taking things to the next level/ Their partnership with Robi and Grameenphone, Bangladesh’s top telcos, has resulted in 29,000 new paying subscribers in the last 8 months! https://lnkd.in/g7BkH8WX See them and the 8 other startups from Cohort 10 pitch live at Demo Day, on the 5th and 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
Portfolio Spotlight: Relaxy
https://www.youtube.com/
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Pulse Tech Ltd. provides retail pharmacies with an wholesale e-commerce platform to help them source authentic products at a competitive price which is integrated with a data driven inventory management software. They reached $3m ARR by onboarding 5000 pharmacies in 12 months. Their incredible growth can be attributed to their ground game and 93:1 LTV:CAC ratio. PulseTech offers both a POS system and Bangladesh's fastest-growing B2B e-commerce platform. This POS system will give PulseTech an unfair advantage when they launch their embedded financing services. https://lnkd.in/gpMVNwaf See them and the 8 other startups from Cohort 10 pitch live at Demo Day, on the 5th and 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
Portfolio Spotlight: Pulse Tech
https://www.youtube.com/
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Indonesia mandates that enterprises with sales exceeding $3.25 million implement risk management solutions, so many of Bobby's customers are heavily regulated and often opt to pay extra for on-premise solution. Enter Prospero Solutions' ProERMS solution - Indonesia’s first home grown Enterprise Risk Management Solution. It's a comprehensive risk management solution designed to help organizations manage operational risks, compliance, and regulatory challenges. With modules tailored to industries like finance, insurance and state-own enterprise, Prospero empowers businesses to streamline risk processes and enhance decision-making. https://lnkd.in/g8hY3txd See them and the 8 other startups from Cohort 10 pitch live at Demo Day, on the 5th and 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
Portfolio Spotlight: PROSPERO
https://www.youtube.com/
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Myfitsociety founders, Aviz and Alvin are two brothers who specialize in helping women get fit. They have developed one of the first cycle-synced personalized workout apps for women and their metrics are among the best in the business, with a 1 day CAC payback. Myfitsociety’s key to user retention is it’s Duolingo style gamification and leaderboards combined with a Strava-like fitness-community feed. https://lnkd.in/gz-83Ker See them and the 8 other startups from Cohort 10 pitch live at Demo Day, on the 5th and 12th December. RSVP here: https://lnkd.in/gJkbjHeQ #AcceleratingAsiaVentures #MeetTheStartups
Portfolio Spotlight: Myfitsociety
https://www.youtube.com/