Monday, August 10, 2020

Jumpstart Magazine

Latest Articles

Click on the posts to read more.


Email us at

Help us be a better platform for you.

Good eating habits | Jumpstart

Keeping your immunity high by keeping unhealthy snacking low.   By Michelle Lau   During COVID-19 social distancing, people have either upped their exercise and made the healthy shift to becoming home chefs, or have been consuming an unnecessary share of treats and taking a break from their exercise routine due to gym closures.   The coronavirus pandemic


How two emerging startups are transforming the sneaker shopping game.    By Alvin Mak   Long gone are the days of the utilitarian sneaker—defined simply as something to wear on your feet for walking. Footwear is now an artistic choice, a fashion statement, a lifestyle.    The footprint of sneakers on popular culture is apparent. Internet


As one founder puts it, “we are moving towards a combination of real estate, communities, and digital experiences.”   By Sharon Lewis   In the sharing economy, the idea of paying guests sharing living space with “roommates” has received a Millennial makeover. It is now called ‘co-living’, and it involves a lot more than

Chinese Sales SaaS Company Tungee Announces US$17M Series B

The funding will be used to beef up Tungee’s SaaS platform infrastructure   By Sharon Lewis   Guangzhou-headquartered sales intelligence software-as-a-service (SaaS) company Tungee has completed its Series B round of financing for RMB 120 million (around US$17 million), the company officially announced in a statement yesterday.   The round was led by Sequoia Capital China, with the

WealthPark, Proptech

WealthPark’s latest funding comes from a motley mix of institutional investors, angel investors, and family offices   By Sharon Lewis   Tokyo-based asset management proptech platform WealthPark has secured JPY 907 million (US$8.5 million) in a Series B round of financing from a consortium of investors, the company announced in a statement today.   The investment was raised


Ayoconnect helps digitize bill payments in Indonesia   By Sharon Lewis   Indonesian fintech startup Ayoconnect (previously known as Ayopop) has raised US$5 million in a pre-Series B funding round, taking its total capital over the $10 million mark, the company announced in a statement earlier this week.   Existing backers and early-stage venture capital investors

Byju's Acquires WhiteHat Jr

WhiteHat Jr was also reportedly in talks to raise US$50 million at a valuation of $350 million   By Monika Ghosh   India-based Byju's, the world's most valuable edtech startup, has acquired Mumbai-based 18-month-old coding platform WhiteHat Jr, Byju's announced in a press release yesterday.   The acquisition will allow the edtech decacorn to expand its


Springboard will use the fresh funds to enhance student employability and deepen partner ties   By Monika Ghosh   Edtech startup Springboard has raised US$31 million in a Series B funding round led by Australia-based Telstra Ventures, the startup announced in a press release yesterday.   A consortium of existing investors including Costanoa Ventures, Pearson Ventures,


Clik also announced a series of fresh C-Suite appointments   By Sharon Lewis   Phnom Penh, Cambodia-based fintech startup Clik has closed a US$3.7 million seed funding round, the company announced in a statement released yesterday.   Led by Openway and Poems Pte Ltd, an investment holding company of Singapore-based fund manager Phillip Capital, the funding

Gero Series A

Gero's Series A will help further develop the proprietary AI platform to identify treatments for aging-related and other diseases   By Monika Ghosh   Singapore-based Biotech startup Gero, which develops new drugs for aging and other disorders using artificial intelligence (AI), has secured US$2.2 million in a Series A funding round led by Belarus-based

BottleTop TogetherBand

How a group of sustainability-focused organizations is changing the oceans, 1 kilogram of plastic at a time.   By Kenneth Kwok     BOTTLETOP, perhaps most well-known for its unique upcycled bottle top handbags, was born with a mission to empower people and the planet through sustainable design and a creative culture.   Through a collaboration with

Apple and Intel Breakup

The end of Apple’s partnership with Intel is set to impact the future of tech for years to come.   By Alvin Mak     At Apple’s Worldwide Developers Conference (WWDC) of 2020, the company revealed that its Mac computers will no longer run on processors manufactured by Intel.    The Cupertino company had used Intel’s silicon

Intuit TradeGecko

According to media reports, Intuit will pay more than $80 million for TradeGecko, with the transaction expected to close in September   By Monika Ghosh   Silicon Valley-based fintech giant Intuit has entered into an agreement to acquire Singaporean SaaS startup TradeGecko, which develops online inventory and order management software for SMEs, Intuit announced

Vesta EBDI

The funding will drive forward Vesta's APAC expansion plans   By Sharon Lewis   Portland, U.S.-based fraud protection and Ecommerce payment solutions company Vesta has bagged a strategic investment for an undisclosed amount from Singapore-based tech investor EDBI, the company announced in a statement today.   The investment will be utilized to drive Vesta’s expansions efforts

Happyer review

This new hiring platform has a lot to offer, but needs more time to grow.   By Nikki Yuen   Hiring is a core facet of any company’s operations, but with so many recruitment platforms, job fairs, and headhunters to choose from, it can be hard to know where to look first. One new

s o c i a l c u t eXmrW9I1Fnw unsplash scaled e1596423410655

By Roc Harry   Digital transformation and the store of the future are only achievable with the support of advanced data networks. 5G, with its impending rollout, will become a game-changer in supporting the next generation of retail services and in-store innovations. Faster and more reliable than anything that has come before,

TikTok Microsoft

Will TikTok succumb to tensions between global powers?   By Sharon Lewis   The days of booing TikTok for cringe content are long gone – at least for some of us – as the social media app’s soaring valuation shut down naysayers and proved that it deeply understood the business of content.   The short-form video

Li & Fung - JD

Family owners of Li & Fung, Fung family to retain majority stake   By Sharon Lewis   Hong Kong-based supply chain company Li & Fung has secured a strategic investment to the tune of US$100 million from Chinese Ecommerce giant, the company announced in a statement late last week.   The Fung family, owners of


How GOGOX handled two landmark projects during COVID-19.    By Anagha Subhash Nair    It’s nearly impossible to walk the streets of Hong Kong without seeing a characteristic blue-and-yellow colored van zoom by at least once. From humble beginnings of merely HK$20,000 (US$2,580)  in seed capital, to becoming the first billion-dollar “unicorn” technology company

Li Auto IPO

Li Auto is the second Chinese EV startup to list in the U.S. after Nio's 2018 IPO   By Monika Ghosh   While trade tensions between the U.S. and China have been intensifying, and various instances of fraud by Chinese companies listed in the U.S. have come to light, Chinese startups have not been

Wayne Shiong China Growth Capital

China Growth Capital Partner Wayne Shiong shares his Dos and Don'ts of investing in Frontier Technologies   By Monika Ghosh   The role of a venture capitalist in a startup's success is often overlooked. VCs not only provide the capital required for a business to thrive, but also bring experience to the table that

Spotify Podcasts Joe Rogan

Spotify seems to be slowly shifting its focus to long-form media. Here’s what’s happening.    By Alvin Mak   It’s undisputed that Spotify has grown to become one of the leading providers for audio entertainment.    The Swedish company, founded in 2006, was a breath of fresh air from the iTunes pay-as-you-go model, where users had

Eureka Nova corporate innovation

Ben Wong from Eureka Nova, and Lukas Petrikas from HKEX share insights at the Lifestyle Tech Conference   By Sharon Lewis   If pre-Socratic Greek philosopher Heraclitus expounded on his popular philosophy of Panta Rhei today, the world of business would have found it to be a mere truism.   Panta Rhei was Heraclitus’ way of

augmented reality

AR has secretly penetrated the world beyond mobile gaming and is looking to take more.   By Alvin Mak   The world was shaken to its core when Niantic, Nintendo and The Pokémon Company released Pokémon Go. For those summer months of 2016, this game was the world’s obsession. Everyone was outside in search

Niyo Goalwise

Niyo has raised approximately US$49.2 million till date and counts Tencent among its backers   By Monika Ghosh   Indian fintech startup Niyo has acquired mutual funds investment platform Goalwise to expand its product offerings to Millennials, the company announced in a statement yesterday.   Niyo Co-founders CEO Vinay Bagri and CTO Virender Bisht, along with

Laybuy 80M IPO

The pre-IPO raise will be used to bolster Laybuy’s expansion efforts in the U.K.   By Sharon Lewis   Australasia-based 'Buy Now, Pay Later' (BNPL) company Laybuy has secured funding to the tune of GBP 80 ****million (US$103.65 million at current rates) as debt from Chicago-headquartered alternative investment firm Victory Park Capital (VPC), the company

OTT platforms in Asia

OTT video on-demand in Southeast Asia is dominated by regional players.    By Sharon Lewis   The over-the-top (OTT) video streaming industry has been booming ever since Netflix burst into the scene, completely transforming how viewers worldwide get their daily dose of drama. It's referred to as over-the-top because it represents a way

foodtech industry

How foodtech is disrupting the way we consume and manufacture food   By Anagha Subhash Nair    In a world where the possibilities seem to increase every day, the future of food has never looked more favorable. The foodtech industry is now on a rapid rise, rife with innovators’ inspired attempts to dovetail the

TNL Media Group and Palm Drive Capital

Led by U.S.-based Palm Drive Capital, the funding will drive TNL Media Group’s Asia expansion efforts   By Sharon Lewis   Taipei-based digital media house TNL Media Group has secured US$8 million in an ongoing Series D round of funding, according to a statement by one of its investors.   Led by New York-based venture capital

Bulbul Info Edge

1-year-old Bulbul had a turnover of a little over US$600,000 as of March 31, 2020   By Monika Ghosh   In a filing to the National Stock Exchange of India Limited yesterday, Info Edge (India) Ltd. declared that IE Venture Fund I, Info Edge's investment arm that focuses on tech startups, has entered into