Author: Pancho Dizon
With recent LTFRB nod, inDrive to enter local ride-hailing market, challenging Grab’s dominance
inDrive’s entry into the Philippine market is only the latest in a series of shakeups changing the local ride hailing market.
Insurtech firm Igloo closes $36M Pre-Series C fundraise to fuel expansion in Philippines, SEA
The new funding round will grow Igloo’s presence specifically in emerging markets like the Philippines where the company has already facilitated over 60 million protection plans.
Speech development platform Mylo Speech Buddy eyes global expansion after an eventful first year
Founded in July 2023 by Vincent Rocha, Enrico Aquino, and filmmaker Mark Meily, the Mylo app employs the research-backed Discrete Video Modeling approach in helping along speech development.
Mindanao-based AI construction startup AIMHI wins E3 Chairman Recognition Award 2023 in Malaysia
The E3 Chairman Recognition Award celebrates the outstanding accomplishments of entrepreneurs and startups in their respective fields, and, with only ten recipients annually, the startup awardees are personally chosen by E3 Chairman Andrew Wong
In this partnership, GCash will utilize Mayani’s supply chain data to co-facilitate loans for organized farmers and fisherfolks.
Flexible office space provider KMC Solutions pays it forward with inaugural KMC Startup Awards
Jointly presented by Bossjob and Philippine Startup Week, in collaboration with QBO Innovation Hub, Kaya Founders, the Sinigang Valley Association, and Uniquecorn Strategies, and partnered with 917Ventures and Amazon Web Services, the KMC Startup Awards recognized emerging startups reshaping the country’s business and technology landscapes.
QBO’s Top 100 Startups SHOWQASE features a diverse selection spanning various industries across the Philippines, reflecting the nation’s dynamic startup ecosystem. Represented sectors encompass agriculture, AI, climate sustainability, finance, logistics, social commerce, and more.
Gobi-Core Philippine Fund’s latest Philippine Startup Ecosystem Report unveils founder challenges, opportunities
The fund’s recent report, which is co-presented by Alibaba Global Initiatives, highlights the nation’s strengths such as its large English-proficient consumer market, increasing digital adoption, passionate founders, and various government initiatives aimed at supporting startups.
The Open Access event brought together Cebu’s top entrepreneurs to share their startup journeys and insights in a panel discussion.
Digital Pilipinas kicks off weeklong festivals to bridge ASEAN innovations to the world
The launch of the twin festivals is timely, coming amidst a phenomenal surge in the ASEAN region’s digital economy, with the Philippines’ digital payments and e-commerce sectors alone projected to hit an impressive $15 billion by 2025.
O2O parent platform edamama completes latest Series A+ funding round, bringing total funding to over $35M
Founded in 2020 by Bela Gupta D’Souza and Nishant D’Souza, edamama’s platform offers products related to motherhood, currently specializing in the sale of essential baby care products that center around fostering the healthy development of infants.
Betterteem, SolX, and Xeleqt AI win Philippine Startup Week 2023’s Slingshot x Venture Pilipinas pitch competition
The pitch competition was made possible with the backing of the DTI and the National Development Company (NDC). Other collaborators for the competition included incubator program Brainsparks and venture capital fund Quest Ventures.