GrabTaxi
Disrupting industries, and Vertex Venture’s double purpose
Singapore-based Vertex Venture Holdings Ltd invests in disruptive technologies and companies in Asia and the US, hoping to make a profit – but also to ensure it has an interest in any company that ends up disrupting the markets its parent company, Temasek Holdings, is looking at.
Week in Review: Smart nation, digital nation
DNA’s Singapore editor Gabey Goh stacks up Malaysia and Singapore against each other, finds there are not many differences … except for a key one.
Easy Taxi scales down Malaysian ops, layoffs begin
20 to 30 members of Malaysian team told they would be laid off
Company withdraws from India, Hong Kong and Indonesia; regional executive leaves
Disrupt #26: The highs and lows of 2014
The final DNA-TeAM Disrupt session of the year will be held on Dec 17 at the MaGIC office in Cyberjaya, with the topic of discussion being ‘The Highs and Lows of 2014.’ What are your personal picks?
Week in Review: Does Anthony Tan have the chops to win the war?
Having raised around US$325 million (RM1.12 billion) to date, Anthony Tan now has to demonstrate his management and leadership chops after proving he has among the best sales skills of any startup founder in Asia, much less South-East Asia writes Karamjit Singh.
GrabTaxi’s US$250mil round: The pressure is on
With Japan’s SoftBank Corp investing US$250 million in taxi-booking app startup GrabTaxi, the Malaysian startup scene is finally getting some recognition, but the pressure is now on its management to dominate or die.
Singapore’s LTA moves to regulate taxi-booking apps
In a move to “safeguard commuter safety and interests,” the Land Transport Authority (LTA) of Singapore has introduced a basic regulatory framework which is expected to come into effect by the second quarter of 2015.
GrabTaxi reaffirms focus on SEA, raises US$65mil in Series C
Funding used to expand headcount, driver welfare programmes
Reaffirms its focus on being a SEA-centric service company
IT was a briefing heavy with hope for the future and light on details as transport app startup GrabTaxi announced its Series C funding on Oct 21 in Singapore.
Malaysian startups collaborate to offer integrated services to students
Three Malaysian startups – CatchThatBus, MyTeksi and TextBookAsia – have agreed to a collaboration that would see the student community enjoying integrated services at a discount, CatchThatBus said in a statement.
Week in Review: Lots of funding activity in SEA
A number of funding stories got DNA founder Karamjit Singh’s attention this week, and he also sees some similarities in how Andrew Wong and Chok Leang Ooi run their companies.
