Category: Startup

Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience

Singaporean impact travel company Triip.me and Booking.com have announced a strategic partnership to bring forth an integrated tour and lodging experience.

The collaboration is set to give traditional lodging access for the first time to truly indie and unique local experience offerings that will be slated in early 2017 at hotels around the world, the company announced on December 13.

“This is not just a simple API integration,” said Ho Viet Hai, the CEO of Triip. “Rather, our product team is executing on a vision to make travel and tour booking more seamless.”

Ho Viet Hai also noted the incidence of increasing Indie travellers shifting back to hotels from Airbnb and other platforms, while still demanding a unique local experience.

“We asked a very simple question: How to make traditional lodging more Indie? Our answer was to give travellers best-price guarantees on lodging while also staying true to Triip’s vision of providing authentic local experiences at the same time,” he adds.

The solution was the partnership formed between Triip.me and Booking.com which leveraged on the networks pairing Triip’s inventory of over 6000 local guides in 660 cities with Booking.com’s 1,073,647 properties in 227 countries.

Under this partnership, Triip’s new booking practice will also offer frequent travellers the lowest rate on hotel rooms, free international phone access through Flexiroam, as well as honoring travellers’ reward status achieved on other websites.

However, Mr.Ho emphasises that the venture was not a direct competitor to Airbnb or other similar marketplaces, saying that “We do not see ourselves as a direct competitor to platforms such as Airbnb. Instead, we see ourselves as an enhancement to traditional lodging.”

Targeting avid super travellers, Triip’s new booking experience will be especially useful to those who travel constantly both for businesses and lifestyle purposes.

“Now that we’re building the product, we’re seeking partnerships with any hotels around the world interested in having a more hands-on approach to the bookings we’ll be sending them, and also getting the word out to super travelers so we have sufficient early adopters to optimize the experience.” concluded Mr. Ho

Founded in 2013 by Ho Viet Hai and Lam Thi Thuy Ha, who had been in the tourism industry as a tour guide herself, Triip initially allowed Vietnamese people to curate their own tours to offer to travelers. The company is currently present in almost 100 countries.

Triip is backed by Gobi Partners and is, as a matter of fact, the Shanghai-based VC firm’s first investment in Vietnam. In February 2016, Gobi Partners has invested US$500,000 in seed funding to the travel platform which links travellers with knowledgeable locals.

By Vivian Foo, Unicorn Media

Singapore-based Rewardz secures US$2.1 million strategic investment from Japan’s Benefit One for expansion plan

Singapore-based human resource technology solutions provider, Rewardz Pte Ltd., today announced that it has secured a strategic investment from Tokyo-listed Benefit One Inc., a fringe benefit outsourcing service company established in March 1996 and claimed to have eight million members in Japan alone.

Following the deal, Benefit One has become the majority stakeholder in the startup, with an investment of S$3 million (about US$2.1 million).

Rewardz founders Sudhanshu Tewari, Nicole Seah, and Jaya Maru will maintain their shares within the company, together with Benefit One which had been appointed as a strategic investor as per December 1.

Rewardz has been digitising HR services in Singapore with products like EmPerks and Flabuless, which integrates traditional corporate benefits programmes with an online mobile application.

Tapping into gamification, the app allows staff to better visualise their benefits and track their health progress. The platform also allows employers to reward employees for their participation and progress.

The company stated that they are going to focus on monetising its current entities in Singapore, Malaysia, and Dubai in 2017. They also cited possibilities to expand into other Asian markets in the future.

“Although there are no immediate plans to enter the Japan market for Rewardz, we will be working towards integrating our technology into the Benefit One platform in Japan in the future,” Tewari explained.

But outside of Singapore, Rewardz is also available in Dubai, Hong Kong, Indonesia, Malaysia, and Australia. The company also claimed to have secured clients such as DBS, Manulife, Disney, NUHS, JTC, Fuji Xerox, DB Schenker, Intercontinental Hotel Group, Ascott Holdings, and Lendlease.

“One of the biggest challenges faced by any technology startup is funding the company until it scales up sufficiently to support itself. This long-term strategic partnership with Benefit One has solved this crucial problem for us and we will be fully focused on growth and to be scaling the business,” said Rewardz CEO, Sudhanshu Tewari.

By Vivian Foo, Unicorn Media

Japan’s fishing record application, ANGLERS raises six-digit figures from 500 Startups Japan and Ignis

Tokyo-based Anglers, with a mobile fishing record application of the same name, has recently fundraised from 500 Startups Japan and mobile game developer Ignis, as well as other undisclosed individual investors.

The announcement was made on December 1 without disclosing the secured amount. This financing stage is considered an intermediate between the seed and Series A round and the fund is estimated to be at about tens of millions of yen, that is approximately hundreds of thousands of dollars).

500 Startups Japan managed to acquire these share options through the implementation of J-KISS stock acquisition rights system, the convertible notes based funding scheme published by the firm back in April, in collaboration with Masakazu Masujima and KPMG.

For Anglers, this fundraising is second to the angel round funding from Japanese angel investor Nobuyoshi Yamagishi conducted in December 2015.

Founded in October 2012, Angler is an application that allows users to self-motivate and improve by recording and share fishing outcomes. The company formerly known as FIXA Corporation has experimented with different policies and prototypes, before settling to launch the official version of the fishing-related Angler in July 2013.

This June, the firm revealed that the number of daily angling results registered topped 1,000 and the cumulative number of registered angling items reached 280,000 as well as a user base which exceeds 110,000 people.

The reason behind Anglers success in acquiring an overwhelmingly large number of angling results is said to be due to the app easy-to-use functions as a social media for information sharing among close friends to share pinpointed fishing spot information.

There is a need for angling information as Norio Fujii, the COO of ANGLERS explains, “Many of the angling news about where and what kinds of fish can be caught are still provided by angler hotels and are not consistent. Generally, anglers visiting his or her fishing spot anew want to obtain information about the spot in advance: which time frame to go or what kind of lure to use. On the other hand, angling requires fresh information,”

ANGLERS also regularly holds fishing competitions that can be joined through the app. Simply record the fishery caught within the time period and compete with the nation’s ANGLERS user for the record. Excellent records will get prizes provided by sponsors. The company in 2016 alone have held a total of 22 tournaments with 1000 participating users in the latest challenge.

With the money secured this time, ANGLERS will add a system for sharing angling results by area or time period. Also, the firm will start building a consumer-to-consumer (C2C) marketplace allowing users to sell the fish they have caught.

ANGLERS’ present source of income is mainly through event sponsorship from major fishing tackle manufacturers events as aforementioned. Looking to diversify the monetization methods, the firm also has an idea to implement functions enabling accommodation reservation of angler hotels or fishing agents seamlessly via the ANGLERS app.

“We are also thinking about advertisement models, inter-individual transaction services of fishery among others. Since fishing is going to take hours, fishing data that is well organized is in demand” Fujii said.

With this, the firm plans to establish a fishing tackle review website for ANGLERS, one similar to Sefuri’s climbing app Yamap which manages a climbing tool review website – Yamap Gears.

“Through fishing blogs, one will be able to get information on the types of fish and its location. Similarly, the value and pricing of the fish can be born from fishing data as well, automatically created by the application when backed up with sufficient data,” said Fujii.

Besides, the application will also include fishing analysis functions in the near future. That is once reaching the data necessary of about 100,000 per fish species will provide a correlation such as the possible type of fish to be caught along with the environmental data such as the water level.

With 500 Startups Japan as one of its investors, the firm backed by the U.S. parent also hinted the possibility of international development for the mobile application.

“In India or China, there are lots of people who are angling for their day-to-day meal. But, increasingly, the number of people who seek enjoyment in angling are also rising. And since the angler’s psychology of wanting to keep their favorite fishing spots hidden is the same around the world, we can impact the world by leveraging the know-hows in Japan,” said Fujii.

ANGLERS graduated from the second batch of Tokyo-based startup accelerator Movida Japan, along with Sefuri which is developing Yamap.

By Vivian Foo, Unicorn Media

Airfrov, a Singaporean online shopping app connecting buyers with travellers enters Indonesia

Airfrov, a platform that connects buyers with travellers for requesting products from abroad is now expanding its market reach to Indonesia – a strategic move responding to the opportunities in the increasing numbers of travelers that are crossing Indonesian borders.

Based in Singapore, the startup launched in 2015 has been operating for a year and a half, before it began expanding its businesses into Indonesia that has started since last August.

But entering Indonesia, Airfrov will be facing competition from existing peer courier services such as BisTip and Neetip.

“This trend of bringing back overseas products is getting popular, but there are some issues concerning the conventional process, for example, the limited number of products that can be sent, the long duration of delivery, the payment guarantee, and the high delivery fees,” said Airfrov, CEO Cai Li.

In response to the competition, Airfrov intends to set itself apart from other P2P courier services, through offering a safer solution that prioritise the needs of users.

Through its website and mobile application, Airfrov offers a simple way to shop abroad. Requesters simply post the desired items and offer a price quote, while Travelers abroad who are interested will meet the demand.

Additionally, the company will handle the payment from the requester and keep it until the items have been paid for. Travellers will receive their money only after the products have arrived in the requesters’ hands.

Besides, Airfrov also features information on the latest trends and popular existing products abroad.

“We are currently focusing on building the best user experience for our users in Indonesia and a strong local team to understand the people’s culture and local trends more deeply,” said Airfrov CTO Robi Ng, who is an Indonesian.

In this aspect, Airfrov also continued their efforts through approaching users who have used their services in order to get input related to Airfrov development as well as maintaining relationships in order to re-use the service and recommend it to people nearby.

Airfrov is said to have more than 95,000 active users, some of whom reside in Indonesia. Its soft launch event held in August has claimed to have received more than 1,000 offers from 150 travelers.

In an effort to continue increasing the number of users in Indonesia, Airfrov has partnered with Martha Tilaar, a homegrown cosmetics company. This partnership is in part due to the potential of the beauty school student who requires imported beauty supplies not found in Indonesia.

“Those who need products that are outside the country is expected to see Airfrov as a solution,” Cai Li adds.

By Vivian Foo, Unicorn Media

Video URL: https://www.youtube.com/watch?v=r6O8Bt1I78Y&feature=youtu.be

Apache Zeppelin secures US$ 4.1 million Series A funding round led by Vertex Ventures

ZEPL, an enterprise analytics company, has closed a US$ 4.1 million Series A funding round, led by Singapore-based Vertex Ventures. The round also saw participation from other investors which included Translink Capital, Specialized Types, and Big Basin Capital.

This funding round also debuted with a fresh new brand – ZEPL, similarly founded by the creators of Apache Zeppelin to replace the formerly known NFLabs.

“Our new brand identity, ZEPL – Zeppelin RELP – reflects our mission to provide an interface for modern day analytics workflow,” said Sejun Ra, the co-founder and CEO of ZEPL.

“For decades, enterprise analytics has been mired in silos – data silos, skill silos, team silos – that regardless of computational power, hindered speed and efficiency of analytics,” Sejun explains.

He continues, saying that “And though recent advances in Hadoop, Spark and other compute frameworks, alleviate some of the data silos issues, the myriad of choices further compounds the skill and team silos.”

In this case, Apache Zeppelin attempts to break down those walls providing a pluggable and open-source solution that enables data engineers, data scientists, and business analysts to use and share the same interface to source, process and analyse various data types.

Besides, using its JDBC Interpreter, Apache Zeppelin supports a majority of the modern day frameworks, from Spark, Cassandra, MongoDB, Elastic Search as well as standard relational databases such as Oracle and MySQL.

The data product is also integrated and available with various services such as Amazon AWS, Microsoft Azure, Google Dataproc, as well as most of the major Haddop distributions.

“We have been watching the organic growth of Zeppelin for some time, and are incredibly impressed with the demand and adoption of the technology, by everyone from small teams to the largest Fortune 100 companies,” said In Sik Rhee, the General Partner of Vertex Ventures that will be joining ZEPL’s company board.

Vertex Ventures is a network of funds that invest in and guides technology companies to an exit event, with Singapore’s state investment fund Temasek Holdings as a primary limited partner (LP).

“Enterprises have been clamoring for a way to seamlessly apply analytics across their organization. The team at ZEPL has a clear vision to drastically change the way companies leverage analytics to further their business goals, and we are pleased to support them as they expand Zeppelin’s reach,” In Sik Rhee adds.

With this new funding, ZEPL looks forward to expanding the Apache Zeppelin experience to enable the delivery of a single platform for end-to-end data analytics workflow.

According to ZEPL, Apache Zeppelin is fast becoming the standard big data visualization interface to explore and conduct deep data analysis. It also sees a significant adoption by corporate across different industry verticals, ranging from finance to high technology enterprises.

“Our mission is to transform the way people engage with data, and make big data analytics accessible and easy to use by anyone within an organization,” said Moon Soo Lee, creator of Apache Zeppelin and co-founder and CTO of ZEPL. “By building on top of Apache Zeppelin’s extensible, pluggable, open interface, we believe we can tear down the walls that currently limit how organizations leverage and communicate analytics.”

By Vivian Foo, Unicorn Media

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