Author: Christian Francisco
The expansion plan is part of GoGym’s efforts to transform the fitness landscape of the country with its innovative and inclusive approach to bringing health and wellness to all Filipinos.
The initiative is a huge opportunity to build a bridge between the Philippine and the Philippine diaspora, starting with the San Francisco Bay Area, considered the heart of tech innovation.
The startup delegates, which received support from Startup Village Philippines and DMZ Toronto, pitched their innovations and connected with Canadian partners during the four-day event, which ran from June 17 to 20.
The startup provides an easy and flexible car rental experience. It allows car owners to rent out the cars they don’t use, just like how property owners are doing it on Airbnb.
The investment will support the company’s expansion of stores and warehouses across the Philippines.
It will use the fresh funds to further enhance its embedded finance offerings and to expand in Southeast Asia.
The hub – Accelerate Leadership for Philippine Startup Advancement Bacolod Accelerator – has obtained the P3-million grant from the Department of Science and Technology.
Aside from growing its loan portfolio to more than P100 billion, Montemayor said that the startup is also looking at a $200 million net income from its Philippine operations.
Sparkline, an independent digital marketing company, already has a presence in the Philippines, making it a strategic acquisition for Ayudante.
The startup said it will use the additional funding to boost its bill pay service to accommodate payments not just from the United States but also from other countries worldwide.
The investment will see the company establishing SIDGS Digital Engineering and Delivery Hubs in different locations around the country, with Manila being its national headquarters.
The expansion will see etaily rolling out its full suite of digital commerce management services, such as brand commerce management, live streaming solutions, and influencer network, which are all powered by its e-commerce management platform, etaily Clarity.