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1. MetroResidences | Singapore
Location: Singapore, Singapore
Industries: Hotels & Accomodation, Property
Employees: 11–50
Singapore-based MetroResidences rents out fully furnished apartments to corporate travelers, offering up to a 40 percent discount on branded providers. The startup takes care of setting up and styling the apartments, as well as the viewing, leasing, and maintenance checkboxes. In exchange, it charges owners property management and marketing fees; no commission on rentals or user booking fees.
2. Saleswhale | Singapore
Location: Singapore, Singapore
Industries: Enterprise Software, Artificial Intelligence
Employees: 2–10
Founded in 2015, Saleswhale specializes in automated sales assistants. The startup wants to improve sales processes for businesses. It’s created an automated assistant system that follows up on sales leads and takes care of the first stages of communication before routing them to a human salesperson.
3. Itemku | Indonesia
Location: Jakarta, Indonesia
Industries: E-Commerce Platforms, Games
Employees: 11–50
Virtual goods marketplace Itemku lets people buy and sell items that exist or are used in games, and takes a cut of the sale. It now counts 200,000 virtual goods posted on its site, and its gross merchandise volume and revenue have been rising by an average of 30 percent monthly.
4. Acudeen | Philippines
Location: Manila, Philippines
Industries: Finance Technology, P2P Money Transfer
Employees: 2–10
Acudeen wants to service more small businesses by paying their invoices on behalf of corporations, using its credit line from a partner bank. It plugs into corporations’ accounting software to validate the invoices of their suppliers. Upon validation, it disburses the money to suppliers in three working days, getting rid of the painful wait for funds.
5. Squad | India
Location: New Delhi, India
Industries: Mobile Coupons, Gamification
Employees: 2–10
SaaS startup Squad brings a new form of outsourcing to today’s internet companies. Its cloud-based software breaks down business processes into efficient workflows. It brings in automation wherever possible using machine learning along with human intervention wherever required for a smoother workflow. And finally, it outsources work to an army of human contractors.
6. Zen Rooms | Singapore
Location: Singapore
Industries: E-Commerce Platforms, Hotels & Accomodation
Employees: 11–50
Zen Rooms is a hotel booking platform for cost-conscious travelers. The startup partners with budget hotels to build a network of rooms that it spruces up to provide a standardized service. In exchange, it takes a commission out of each successful booking.
7. Pico | China
Location: Beijing, China
Industries: Virtual Reality (VR)
Employees: 201–500
Virtual reality startup Pico is tackling the mobile segment of VR hardware, where headsets rely on the processing power of smartphones. Its devices offer an untethered VR experience that’s more convenient and accessible for the average consumer.
8. First Circle | Philippines
Location: Taguig, Philippines
Industries: Finance Technology
Employees: 11–50
Fintech startup First Circle gives loans to small and medium-sized enterprises (SMEs), based on its own credit scoring process that factors in multiple data sources, such as social media, ecommerce transactions, and banks. The assessment period takes only 24 hours, and after that funds become available immediately. Average loan size is US$10,000, and the loan period typically lasts three months.
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