Posts Tagged ‘funding’

TVS Motor Singapore Invests US$3.2m in Predictronics Corporation

Saturday, August 17th, 2019

Predictronics is an AI-driven predictive maintenance analytics solutions provider headquartered in Cincinnati, Ohio.

TVS Motor (Singapore)’s US$3.2m investment in Predictronics Corporation comes on the heels of a US$7m investment in Scienaptic Systems last month in July 2019.

TVS Motor (Singapore)’s US$3.2m investment in Predictronics Corporation comes on the heels of a US$7m investment in Scienaptic Systems last month in July 2019.

TVS Motor (Singapore) Pte. Limited, a wholly-owned subsidiary of TVS Motor Company Limited, India, has signed definitive agreements to invest US$3.2 million in Predictronics Corporation, which specialises in providing end-to-end predictive maintenance analytics solutions.

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MedTech: DocDoc TeleHealth Platform Raises US$13m Funding

Tuesday, August 6th, 2019

Singapore-based DocDoc which positions itself as “the world’s first patient intelligence company”, has today announced the close of an institutional capital raise of US$13 million, bringing the total funding the company has raised to date to US$24.6 million.

* This story first appeared in Haleness Me.

“We are excited to be moving from strength to strength with solid support from our investors and an ecosystem of exceptional partners. We believe in the potential of our patient intelligence platform to revolutionize and redefine the delivery of healthcare,” said Cole Sirucek, DocDoc Co-founder and CEO.

“We are excited to be moving from strength to strength with solid support from our investors and an ecosystem of exceptional partners. We believe in the potential of our patient intelligence platform to revolutionize and redefine the delivery of healthcare,” said Cole Sirucek, DocDoc Co-founder and CEO.

The financing was done on a convertible note and was led by Adamas Finance Asia Limited (ADAM), a London-listed investment company, alongside leading regional family offices, a fund managed by a global investment firm specialising in financial services and the Cyberport Macro Fund.

“Of course, we enable our partners to save money, boost engagement and delight their customers in measurable ways, but what is far more important is that we meaningfully help people. Real people with real problems. People who are uncertain or scared, people who know a lot or almost nothing about healthcare, and people who need a friend to help navigate an amazingly complex healthcare ecosystem. At DocDoc, we have created the solution we needed when we faced this situation. Our product is real as it comes from the purest of intention, the need for parents to protect their child. Our product is real as it is built by an uncompromising team who owns the importance of our mission,” commented Cole Sirucek, DocDoc Co-founder and CEO.

DocDoc’s AI-powered doctor discovery platform is reimagining the patient journey by building a patient-centric healthcare ecosystem that supports patients throughout the continuum of care and empowering them with readily digestible medical information to make well-informed healthcare decisions.

The proceeds raised will be used to support DocDoc’s market expansion and enhance its leading patient intelligence platform.

Founded in 2012, DocDoc is one of the earliest telemedicine platforms in Singapore.

Its current suite of product offerings includes doctor discovery, telemedicine, and cashless settlement.

Operating in eight countries, DocDoc boasts that it has built the largest network of doctors in Asia with over 23,000 doctors and 793 clinics and hospitals in its network.

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TVS Motor Singapore To Invest US$7m in Scienaptic Systems

Monday, July 22nd, 2019

The closing of the investment is subject to obtaining appropriate regulatory approvals.

TVS Motor (Singapore) Pte. Limited led this Series A funding in Scienaptic, an AI-powered decision platform.

TVS Motor (Singapore) Pte. Limited led this Series A funding in Scienaptic, an AI-powered decision platform.

TVS Motor (Singapore) Pte. Limited, a wholly-owned subsidiary of TVS Motor Company Limited, India, has signed definitive agreements to invest US$7 million in Scienaptic Systems Inc., a Delaware corporation, headquartered in New York City.

Scienaptic combines the latest big data technologies and proprietary machine learning and artificial intelligence algorithms on its decision platform, “Ether”.

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Travel platform KKday secures Series B funding from H.I.S (US$10.5m)

Friday, February 23rd, 2018

KKday, Asia’s largest online travel-experience ecommerce platform, has raised US$10.5 million in additional funding led by Japanese travel industry leader H.I.S. with participation from existing investor MindWorks Ventures.

* This story first appeared on The Travel Memoir.

Research by Phocuswright projects that the travel tours and activities industry will reach US$183B by 2020 from US$135B in 2016. Photo: Ming Chen, KKday CEO.

Research by Phocuswright projects that the travel tours and activities industry will reach US$183B by 2020 from US$135B in 2016. Photo: Ming Chen, KKday CEO.

The alliance and funding is expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers.

“H.I.S. is not just a financial investor, but is valued as a strategic investor. By utilising H.I.S.’s global resources and integrating it with KKday’s strong marketing and big data programs, we will be able to change the in-destination travel operations model. KKday will be focusing on improving the customer experience and strengthening our relationship with our suppliers. These two strategies are highly related. You can’t improve customer experience without having an amicable relationship with the supplier,” says Ming Chen, KKday CEO.

KKday curates more than 10,000 travel-related experiences from more than 500 cities and 80 countries with over 4 million unique visitors and serves a few hundred thousand travellers each month.

The company applies big data analytics to drive business decisions and to refine current offerings to optimise customer experience.

Headquartered in Tokyo, H.I.S. has offices located in over 130 cities around the world.

As the in-destination travel industry is fragmented, managing supply chain is a major challenge.

This is why KKday focuses on developing a strong Supply Chain Management (SCM) system that allows all types of suppliers, big or small, to communicate with customers and manage orders without any IT investment.

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StarHub launches Crowdtivate with 12 curated projects

Tuesday, July 22nd, 2014

StarHub has also partnered with Indosat to promote innovative projects from Indonesia’s entrepreneurship community.

StarHub touts Crowdtivate as the world’s only telco-backed, rewards-based crowdfunding platform.  Crowdtivate was beta-launched back in April 2013.

StarHub touts Crowdtivate as the world’s only telco-backed, rewards-based crowdfunding platform. Crowdtivate was beta-launched back in April 2013.

Crowdtivate is now open to the public, with 12 Asia-based projects ranging from creative works and digital technology to assistive technology.

These will seek funding support worldwide in order to bring their entrepreneurial vision to life.

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StarHub i3 introduces online social launchpad Crowdtivate

Wednesday, April 9th, 2014

StarHub today announced the beta launch of Crowdtivate, a crowdfunding platform for entrepreneurs and artists to obtain financial contributions from supporters around the region via a funding system in return for specific rewards.

StarHub's Crowd-Funding Platform - Crowdtivate

Watch the YouTube video on StarHub’s Crowd-Funding Platform – Crowdtivate.

Tapping on this crowdfunding platform, participants are able to create awareness of or gather feedback on their ideas or works.

Crowdtivate is currently open to entrepreneurs and artists to propose projects for crowdfunding.

Interested parties can visit www.crowdtivate.com to request for an Invitation Code to enter the platform.

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