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MDeC teams up with MIT to launch Global Startup Labs Malaysia

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Build startups to resolve real troubles of their neighborhood network and location Access to all important sources to get their employer off the ground alt="MDeC groups up with MIT to launch Global Startup Labs Malaysia" src="/web sites/default/files/pics/digitalp.c20economy/MITpercent20Global%20Startups.jpg" style="width:a hundred%; peak:345px; margin-pinnacle:2px; margin-bottom:2px; " title="MDeC teams up with MIT to release Global Startup Labs Malaysia"> THE Multimedia Development Corporation (MDeC) has announced a partnership with the Massachusetts Institute of Technology's (MIT) Global Startup Labs and the Entrepreneurship unit inside the Ministry of Education, to introduce Global Startup Labs Malaysia 2014.   This programme objectives to create fundable startups, construct ability and partnerships with partner universities and create a platform to attract students from Institutes of Higher Learning (IHLs) to ICT entrepreneur...

Singapore startup Pitch6's app allows consumers to create ads

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Makes ad advent simple so that everybody can do it, says enterprise Competition-based totally app incentivises advert creation with cash prizes SINGAPORE primarily based startup Pitch6 said it has released what it claimed turned into the arena’s first cell app that lets in brands to crowdsource classified ads from customers.   All ads are created inside the app and there may be no publish-manufacturing editing required, because of this every body with an concept can create an ad inside some seconds, the enterprise said in a announcement.   Consumers are encouraged to make commercials for manufacturers via a competition-primarily based app that incentivises ad introduction with coins prizes. Winning classified ads are chosen based at the number of votes (‘Likes’) they generate.   Pitch6 became designed to remedy cellular advertising’s largest problem: Getting customers to engage with and experience looking advertisements on their cell phones, Pitch6 said in a declaration.   Accord...

Startup with rehab robot aims for next level with crowdfunding drive

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CR2-Haptic is geared toward those who've suffered stroke, worrying mind harm, and many others. Startup hopes crowdfunding will allow it to donate one unit, commercialise the gadget MALAYSIAN startup TechCare Innovation Sdn Bhd hopes to take its rehabilitation robotics device from studies to the market with a pledge drive on pitchIN, the home equal of Kickstarter.   The agency’s Compact Rehabilitation Robot (CR2) is a sequence of robotics systems developed for rehabilitation training, or basically as physiotherapy aids. TechCare itself is a by-product company from UTM (Universiti Teknologi Malaysia), where the system is being evolved.   Its today's iteration, CR2-Haptic, is aimed toward those who have suffered strokes, stressful brain accidents or other neurological problems resulting in hand and arm impairment. It is designed to educate forearm, wrist and basic ‘activity of daily dwelling’ (ADL) moves, according to TechCare Innovation.   It is one of 20 projects launche...

Malaysia's start-up scene needs to break out of stealth mode

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Malaysia's startup atmosphere may be greater lively however it remains beneath the radar within the worldwide area More wishes to be executed to marketplace the united states of america's activities and tasks overseas  MALAYSIA may additionally have one of the maximum energetic developing startup ecosystems inside the vicinity however we don’t do a great enough process of promoting the truth.   That changed into the commentary made via Cradle Fund leader executive officer Nazrin Hassan (p.c) when requested for his opinion about a brand new report launched this week with the aid of research corporation Startup Genome and Telefónica Digital which highlights the maximum influential startup ecosystems round the world.   He turned into speakme to participants of the click for the duration of the convocation ceremony for those who effectively finished the Coach and Grow Program (CGP), an entrepreneur training application launched in July of remaining year.   Cradle Fund is a n...

S'pore startup gets great crowdfunding kickoff for tracking device

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Three-yr-old organization specialises in loss prevention gadgets Aimed for US$5K in pledges, has hit nearly US100K through crowdfunding CROWFUNDING is pretty much the maximum empirical method of having marketplace validation for a product underneath development, and Singapore-based technology startup Innova Technology have to actually be pumped over its pledge effort on Indiegogo.   Seeking a complete of US$5,000 at the crowdfunding platform for its Bluetooth four.0-based totally Duet monitoring tool, it has already hit US$96,120 in pledges, with approximately fifty one hours to go as we write this.   The Duet tool, the 1/3 product from the 3-yr-antique business enterprise, is defined as a ‘loss-prevention tool.’ It permits customers to no longer only music their smartphones, but to also use their smartphones to tune their different assets.   Duet's built-in alarm without delay beeps anytime the consumer is greater than 10m away from his or her telephone. By urgent a button...

Malaysian startup CatchThatBus raises money in Singapore

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Cradle Fund recipient objectives for RM1bil M'sia-Singapore intercity bus marketplace Founders offer recommendation on whilst is excellent time to engage with VCs IT won't be focused on a attractive marketplace opportunity, however CatchThatBus has proven that there are opportunities in everyday life studies – if you only look difficult sufficient or just open your eyes to the float of life round you.   Founders Ashwin Jeyapalasingam and Viren Doshi decided to address the inconvenience of purchasing bus tickets via constructing an online bus ticketing platform, with a focal point on cellular. This changed into returned in June 2011.   The concept did no longer come to Viren in Malaysia, but in advance in India where he became running with an NGO (non-governmental employer). Prior to this he had a stint with a multinational and changed into assisting out inside the family commercial enterprise. Ashwin turned into an associate director in the consulting arm at Pricewaterh...

Online donation startup SimplyGiving seeks 2nd round funding

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Platform for humans to raise price range for their favorite charity or cause, or P2P fundraising Seeks price range to increase to greater markets and consolidate regional leadership role KUALA Lumpur-headquartered SimplyGiving.com, an internet platform which allows users to donate and make a contribution to causes they care about, is in search of a 2d spherical of funding to gasoline its nearby enlargement.   The organization, which has registered businesses in Singapore and Hong Kong as well, launched in 2010 with bootstrapped funding by means of its founders, and ultimately secured S$1.2 million in 2011 through “pleasant funding,” its chief govt officer Kristofer Rogers instructed Digital News Asia (DNA).   “We are seeking out S$2 million on this spherical for up to 20% of the enterprise, to acquire a put up-funding valuation of S$10million. We are already 30% subscribed,” he stated via e mail. [S$1 = US$0.80]   SimplyGiving.com, which currently has seven team of workers by and large...