Countdown to the first ever Thai innovation and startup network expo ‘SITE 2024’ at SCI Power For Future Thailand

BANGKOK, July 19, 2024 – (ACN Newswire) – The Ministry of Higher Education, Science, Research and Innovation (MHESI) by the National Innovation Agency (Public Organization) or NIA is hosting “STARTUP THAILAND x INNOVATION THAILAND EXPO 2024” or SITE 2024 under the concept of “Innovation for Growth and Sustainability” to accelerate the creation of sustainability for Thai businesses and start-ups in all dimensions. There will be an exhibition of exciting innovations, a knowledge transfer session, business opportunity expansions, and cutting-edge innovative products to spark new ideas. The goal is to foster strength and sustainable growth for Thai startups and innovative entrepreneurs. This year’s event will be organized in conjunction with SCI Power For Future Thailand – an event promoting the utilization of scientific research for sustainable economic development from 22 – 28 July 2024 at Zone C, Queen Sirikit National Convention Center.

Dr. Krithpaka Boonfueng, Executive Director of the National Innovation Agency (Public Organization) or NIA states that “NIA is forging ahead in its role as the “Focal Conductor” of innovation, bridging collaborations with both domestic and international partners. This effort aims to promote and support innovative entrepreneurs and startups in every dimension, leading to sustainable economic and social impacts for the country. Additionally, NIA plays a crucial role in policy formulation and facilitating the innovation ecosystem to enhance business potential and value creation. This includes fostering continuous innovation development among entrepreneurs, startups, and the public sector. The annual STARTUP THAILAND x INNOVATION THAILAND EXPO (SITE) is a key tool in this endeavour, elevating Thai innovative entrepreneurs and startups by providing them with opportunities for sustainable growth.

This year “STARTUP THAILAND x INNOVATION THAILAND EXPO 2024” or SITE 2024 will be held under the concept of “Innovation for Growth and Sustainability” with 3 main objectives: 1) Raising awareness of innovation; 2) Driving business growth and sustainability; and 3) Creating opportunities for startups and innovation-based entrepreneurs, consisting of 5 highlighted activities:

– Forum: A stage that brings together leading start-ups and innovators in Thailand and expert lecturers from abroad who will join to update the world’s innovation trends. They are ready to exchange knowledge and inspire innovation development, including Road to Unicorn by the NIA’s executive team, Scale-up Thailand Fueling by Coach, Cash, and Connect by Assoc. Prof. Dr Natcha Thawesaengskulthai, PhD, Startup and Innovation Ecosystem in Montgomery County, Maryland, USA by Judy Costello, Global Startup Scaling for Thai Startups by Linda Nguyen Schindler and a seminar and brainstorming session on developing financial and investment capabilities for innovation projects in the area of solving environmental and climate problems in Thailand by NIA and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

– Marketplace: A comprehensive innovation marketplace featuring over 300 startups and innovative entrepreneurs who will introduce cutting-edge products and services that respond to innovation trends for business sustainability in the future world. There were also innovative products on display at the booth from international agencies, including Japan, Korea and China.

– Business Matching: A forum for meeting business cooperation, which is an important opportunity for startups and entrepreneurs to expand their ideas into innovative businesses, find partners and receive advice to grow their businesses strongly. Investors, venture capital firms and large companies joined the stage, including AIS the Startup, ALLY Global Management, Bangchak, Beacon Venture, InnoSpace (Thailand), MAX Venture, True Incube and Y&Archer.

Prime Minister Award: An award ceremony honoring and recognizing contributors who have participated in promoting and supporting the development of the country’s startup ecosystem and strengthening the business potential of Thai startups to enter the international market.

– Startup Thailand League 2024: The National Pitching of Thailand Championship round consists of the final 14 teams of the startup business idea competition activity at the higher education level. This year, it was organized under the concept “Turn your dreams to build your business with a different idea.”

“This year, SITE 2024 is especially significant as it is held in conjunction with the “SCI Power” Fair, a major event promoting the utilization of higher education, science, research, and innovation for sustainable economic development. This fair serves as a crucial platform to showcase the potential of economic development through higher education, science, research, and innovation. It aims to inspire learning in these fields to improve quality of life, aligning with lifestyles at all stages of life. We believe that SITE 2024 will spark new knowledge and ideas for creating technology and innovation, enhance commercial opportunities, and expand business prospects for promising startups. The government and relevant agencies are ready to support these efforts to increase global competitiveness, enhance the country’s reputation, and further develop the national economy.”, Dr Krithpaka concluded.

For those interested, can get more details and register at https://www.mhesifair.com and Facebook: NIA: National Innovation Agency, Thailand.

Dubai AI & Web3 Festival & Trescon Launch FutureTech World Cup to Support Global Start-ups

DUBAI, UAE, July 17, 2024 – (ACN Newswire) – The first Qualifier round of FutureTech World Cup, one of the new initiatives launched by Dubai AI & Web3 Festival & Trescon to recognise and support the most promising emerging tech start-ups from around the world, was hosted successfully by the Dubai AI Campus on July 10, 2024. Ten pre-qualified global startups pitched their groundbreaking ideas to a panel of five esteemed jury members with three startups – Momint, Nettle and Orbii – advancing to the grand finale set to be held during the Dubai AI & Web3 Festival on September 11 & 12, 2024.

Momint: Recognised for its innovative approach and impactful solutions for accelerating clean energy.
Nettle, s.r.o.: Praised for its goal of redefining customer engagement with AI-Powered Digital Humans for the omnichannel age
Orbii AI: Honoured for its model of harnessing better data and intelligent AI models to help lenders make faster and more accurate credit decisions.

“The competition provides a platform for innovators to showcase ideas, gain exposure, connect with stakeholders, collaborate with peers, and access capital, while also driving advancements in AI, Web3, and global digital economies.”, said Naveen Bharadwaj, Group CEO, Trescon.

The distinguished panel of jury for the first qualifier included:

Hasan Fardan Al Fardan, CEO, Al Fardan Exchange
Ian Arden, General Partner, Mempool Ventures
Dr. Jonathan Doerr, Partner MENAP, Antler
Ahmed Refaie, CEO & Global CIO, G.P.J. Global Partners Investments
Sarah Abuagela, Partner & Head of Investment, Ceras Ventures

Serial Angel Investor & Chairman of Trescon, Mohammed Saleem said, “The FutureTech World Cup is designed to celebrate and elevate those who dare to believe they can transform the world of AI and Web3. Our goal is to support competent startups and founders from around the world with access to connections and investments that will help scale their businesses while ensuring they are solving real-world challenges”.

All start-ups qualifying to the grand finale are offered fully sponsored Start-up Pods at the Dubai AI & Web3 Festival and the penultimate winner receives fully sponsored one-year Dubai AI Campus License, Trescon credits worth USD 10,000 to be used for future events, access to mentorship by the Jury members, and networking opportunities with the industry’s finest, in addition to the coveted title of ‘FutureTech World Cup Champion’, which will help elevate their start-up’s overall journey.

The second qualifier round is expected to take place in August and the pre-qualification has already begun. Interested startups can apply for free on https://dubaiaiweb3festival.com/future-tech-world-cup/

About FutureTech World Cup

The FutureTech World Cup marks a pioneering endeavour to reshape the world of AI & Web3. This event kicks off with a qualifier round, spotlighting start-ups from around the globe. Held in partnership with leading organisations, these competitions provide a launching pad for revolutionary AI and Web3 concepts. Standout startups advance to the grand finale hosted at the Dubai AI & Web3 Festival. Here, global investors, venture capitalists, angel investors, and the finest minds in AI and Web3 gather to witness start-ups pitch groundbreaking ideas and compete for multiple investment funds. More than just a competition, the FutureTech World Cup cultivates connections, propels innovation, and fuels the future of AI and Web3. Join us at the Dubai AI & Web3 Festival to inspire, challenge, and connect with the future of technology.

Website: FutureTech World Cup

Shadi Dawi
Director of PR, Media Partnerships, & Communications
Global & MEA
shadi@tresconglobal.com
+971 55 498 4989

New Horizons for SMEs in the Johor-Singapore SEZ

SINGAPORE, July 17, 2024 – (ACN Newswire) – Maybank Singapore hosted approximately 160 SME guests and business leaders at the Maybank Johor-Singapore Access conference on July 8, 2024. The event aimed to prepare attendees for doing business and to provide a platform for sharing perspectives on the expected opportunities and economic benefits within the Johor-Singapore Special Economic Zone (JSSEZ).

Mr Alvin Lee, Country CEO, Maybank Singapore

Alvin Lee, Country CEO of Maybank Singapore, said: “The economies of Singapore and Malaysia are closely connected through trade, investment, tourism, and labour. With the establishment of the Johor-Singapore Special Economic Zone (JSSEZ), we can expect increased cross-border trade and partnerships between the two countries. This will further enhance the economic ecosystems of both countries, foster positive synergies across various sectors, and strengthen economic connectivity and cooperation.”

He added, “Maybank sees itself as powering the continued growth of the Malaysia-Singapore corridor by facilitating cross-border business services, solutions, and digital networks to support our clients’ business needs. Maybank will have a significant role to play as the Malaysia- Singapore corridor grows and as the JSSEZ becomes a closer reality.”

Other speakers and panellists at the event include:

Dr Chua Hak Bin, Regional Co-Head, Macro Research, Maybank Investment Banking Group
Mr Samuel Tan, Executive Director, KVG International
Mr Vinothan Tulisinathanzan, Director, Malaysian Investment Development Authority (MIDA)
Mr Ang Yuit, President, Association of Small & Medium Enterprises (ASME)
Mr Kong Chee Min, CEO, Centurion Corporation
Dr Melvin Heng, Group CEO, Thomson Medical Group

The JSSEZ has strong support from both Malaysia and Singapore, as they are eager for greater economic integration, allowing freer movement of people, goods, and capital, which will create new opportunities aligning with long-term policy goals. Maybank has identified six key catalysts that will benefit the upcoming JSSEZ:

#1 Support from the Malaysian King and both Governments

The MOU for JSSEZ was signed on 11 Jan 2024 by Singapore’s Ministry of Trade and Industry (MTI) and Malaysia’s Ministry of Economy. The area will possibly cover 3,505 sq km, about 3 to 4 times Singapore. Outside of Chinese investors, Singapore is the second largest foreign direct investor (FDI) in Iskandar.

#2 Greater Land Connectivity

The causeway is already the busiest border crossing in the world. The Rapid Transit System (RTS) is scheduled to be completed by the end of 2026. It will integrate Immigration, Customs, and quarantine at each RTS station, making travel between the two countries seamless.

#3 Supply Chain Shifts Amidst US-China Rivalry

While China’s share of US imports has fallen significantly, US imports from ASEAN have grown. FDI into Malaysia has also grown rapidly, with many companies moving their manufacturing facilities from China to Malaysia.

#4 Lower Operating Costs & Competitive Ringgit

Malaysia offers lower operating costs for Singapore companies and enjoys a favourable exchange rate. Salaries and rentals are lower in Iskandar and suitable for factories.

#5 Easing Talent & Labour Shortage

With the RTS, Johor workers would have a shorter daily commute to Singapore.

#6 The Green Transition

Singapore aims to import 30% of its renewal energy mix by 2035. Malaysia has also lifted its renewal energy ban and will export 300 MW to Singapore.

Maybank’s specialist teams are dedicated to offering business advisory services as a one-stop solution for businesses operating across the Malaysia-Singapore borders. Maybank helps businesses navigate the complexities of conducting business across borders and offers competitive financial and payment solutions to meet their cross-border business needs.

Media Contacts

Abigail Han
Corporate Communications
T: +65 91371304
E: abigail.han@maybank.com

Hannah Wu
Corporate Communications
T: +65 9833 4586
E: hannah.wu@maybank.com

PRecious Communications for Maybank Singapore
T: +65 6303 0567
E: maybanksg@preciouscomms.com

About Maybank Singapore

Maybank is the fourth largest financial institution group in ASEAN by assets. It has been ranked the Best Bank in Asia Pacific and Singapore by The Banker in 2023; and the number one domestic bank in Malaysia for trade finance, according to the Euromoney Trade Finance survey in 2024.

Maybank Singapore is one of the Group’s largest overseas operations and a Qualifying Full Bank in Singapore. As at 31 December 2023, Maybank’s total assets in Singapore were approximately S$80.26 billion. With strategically located banking branches and over 2,000 employees in Singapore, Maybank is well-positioned to provide highly personalised services and locally oriented solutions that will deliver more value to customers.

www.maybank2u.com.sg

How Artificial Intelligence Can Help Give Your Business a Boost

SINGAPORE, July 16, 2024 – (ACN Newswire) – Mid-year is often a good time to review the status of your business and consider making changes to help your business grow during the second half of the year. It is also an opportunity to assess the level of support your business is getting from digital solution tools, what is available in the market, and what to consider helping propel your business and customer engagement.

While enterprise businesses may have large technology budgets and can assemble a team of specialists, it can be different for small and microbusiness owners. They grapple with a variety of unique challenges running their business to compete in crowded marketplaces, yet this is starting to change.

Generative AI (AI) has taken significant strides over the past year and introducing new tools and strategies does not have to become a major investment or require expertise. With AI by your side, it’s use can help create a marketing strategy to not only stand out, but also help to drive increased engagement and fuel growth. With the increasing use of AI tools, Generative AI is on a path to become the next equalizer for small businesses.

Putting AI to work for content creation

AI becomes a companion in crafting both creative and easy to use content calendars. With AI tools, it can be easy to determine which themes and topics will resonate with desired audiences. From there, content can be created to be distributed across channels, establishing deeper connections with customers while boosting an online presence.

Generative AI steps in to assist in crafting content that captures attention and keeps readers engaged. It provides suggestions and enhancements to existing content and suggests professional images giving small businesses an edge in refining their messaging. And it saves time by tailoring integrated content across various channels. AI’s ability to tweak copy based on real-time feedback and analytics, can also help to fine-tune a rich content strategy delivering strong results.

Unveiling the benefits for targeted marketing

AI tools can also be used to delve deeper into competitor research. Using sophisticated algorithms and data, AI tools can swiftly gather information on competitors’ activity. And that is not all – AI can also serve up invaluable customer insights by analysing data from various sources. By discerning customer preferences, behaviours, and demographics, small businesses can more precisely pinpoint the right audience for their products and services. Once locked onto the right targets, AI helps discover the most effective channels to reach potential customers, helping to ensure marketing efforts are reaching the right audiences.

Evaluate, Adjust, and Shine

AI powered tools are not just here to make businesses look good, they excel at measuring customer performance. By tracking metrics like website engagement rates, conversion rates and customer satisfaction, AI provides insights into what is working and what needs a tweak. This allows small businesses to gauge the effectiveness of marketing campaigns and make informed decisions for improvement.

With access to this variety of insights, along with knowledge of their own business plans, businesses can take advantage of the benefits of using AI tools to streamline processes, consider new ideas and gain customer insights. Working along with human intervention, these insights can be essential to refine the outcomes. Knowing the business well can add the human evaluation element to the AI produced insights, which presents a more well-rounded view when considering opportunities for improvement.

With business owners using AI responsibly, the use of AI tools can be a significant technology enhancement for small businesses looking to go up against their competition and successfully grow their business. With these tools easily available to small business owners and entrepreneurs, AI offers the ability to both save time and money while elevating brand presence and resonating with target audiences more effectively than ever before.

For more information getting started with AI:

AI guide for web design — How to create a website with AI

AI logo design — A hands-on guide

Find out more about how GoDaddy can help your business

About GoDaddy

GoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy’s easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.

Issued on behalf of GoDaddy.
For more information, contact:
Fekra Communications
info@fekracomms.com

Fonos Sees Monthly Active Users Increase to 6X with CleverTap’s Personalized Engagement

SAN FRANCISCO, CA, & HCMC, Vietnam, July 11, 2024 – (ACN Newswire) – CleverTap, the all-in-one engagement platform, has announced its partnership with Fonos, a Vietnamese audio content start-up. Through this collaboration, Fonos aims to enhance its customer engagement strategies, drive substantial revenue growth, and streamline its marketing efforts. CleverTap’s advanced user segmentation, real-time analytics, and data-driven insights have helped Fonos take strategic decisions about their marketing strategies and deliver personalized experiences to users.

Fonos sought to streamline its marketing efforts through advanced automation and enable highly personalized engagement with its busy users. After a thorough evaluation, Fonos chose CleverTap for its real-time RFM (recency, frequency, and monetary) segmentation capabilities, which underpin omnichannel lifecycle marketing and automated, personalized communication.

Since implementing CleverTap’s all-in-one engagement platform, Fonos has witnessed the following impact:

25% higher month-on-month growth rate in MAU (monthly active users)
20% email open rates, which is higher than industry benchmarks
10% open rate for in-app messages

Nguyen Hong Nhung, Head of Growth Marketing at Fonos, said, “Our goal has always been to act as a ‘daily companion’ for our users, and CleverTap’s robust platform empowers us to engage users contextually in real-time. The advanced analytics and seamless integration provided by CleverTap has transformed our customer engagement strategies. We are confident that this partnership will help us achieve our growth plans, scale our business, and enhance the overall customer experience.”

Sidharth Pisharoti, Chief Revenue Officer at CleverTap, said, “In today’s fast-paced digital world, audio formats have surged in popularity, providing a convenient and immersive experience for users. This trend is particularly pronounced in Vietnam, which boasts the highest yearly podcast listenership in Southeast Asia, with about 70% of the internet population tuning in. Our partnership with Fonos is particularly exciting given the company’s accelerated growth since its inception and the booming audio space. By leveraging our advanced segmentation and real-time analytics, Fonos has been delivering tailored experiences that meet the unique needs of its diverse audience, fostering greater loyalty and driving sustainable growth. WithCleverTap, Fonos witnessed a five-fold increase in the absolute number of monthly active users over six months. We look forward to continuing this journey together, empowering Fonos to become the daily companion for millions of users.”

For more information read the customer story here.

About Fonos

Fonos, a Vietnamese audio content start-up, is one of the prominent players in this exciting landscape, with an accelerated growth momentum since 2020. With subscription services covering 1500 pieces of original content, 200+ podcast channels, and 1200+ copyrighted audiobooks, it is the #1 audiobook app on both Apple AppStore and Google Play Store in Vietnam. For more Information visit: https://fonos.vn/

LinkedIn: https://www.linkedin.com/company/fonosvn

About CleverTap

CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real-time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in San Francisco, California, with presence in New York, São Paulo, Bogota, Mexico City, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Jakarta, and Ho Chi Minh.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/
X: https://twitter.com/CleverTap

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

Eton Solutions Launches AtlasFive for Family Office Wealth Management in India; Onboards Catamaran as its Launch Customer

BANGALORE, INDIA, July 10, 2024 – (ACN Newswire) – Eton Solutions, a global leader in cloud-based services for family offices of the future, is launching AtlasFive®, its renowned ERP platform for family offices in India. Eton Solutions also announced the family office of Infosys’ founder, Narayana Murthy, Catamaran, as its launch customer. This underscores its commitment to offering a comprehensive, innovative and localised ERP platform for family offices across the country. Headquartered in North Carolina, USA, it has had a presence in India for the past 5 years with over 300 employees at their Global Technology Center in Bengaluru supporting AtlasFive® clients globally.

Catamaran will use Eton Solutions’ AtlasFive® platform to streamline its investment portfolio management and enhance operational planning, reporting and compliance. Eton Solutions has developed a highly sophisticated ERP platform, AtlasFive®, a fully integrated, secure cloud-native AI-driven software tailored to meet the complex needs of family offices, currently managing over $781 billion for 665 families worldwide. Over 11.5 million transactions are processed annually with 92,000 entities on this platform. The platform integrates all operational facets of a family office into a cohesive solution, emphasising efficiency and operating leverage.

Eton Solutions is also planning to set up a presence in GIFT City, Gujarat, in the near future to support the growth of its services provided to clients globally. This new Technology Center is a key milestone for the company’s expansion strategy and will serve as a hub for Eton Solutions’ operations in the country, allowing it to leverage the unique advantages of GIFT City’s world-class infrastructure and regulatory environment.

“We chose AtlasFive® for its proven ability to streamline investment management across multiple asset classes and to support our growth objectives.” said Deepak Padaki, President of Catamaran. “The platform’s sophisticated workflow automation capabilities will help integrate back-office operations with portfolio management, allowing us to be more productive in our investment activities.”

Satyen Patel, Executive Chairman of Eton Solutions, said, “The emergence of India as a financial powerhouse with the 3rd largest concentration of billionaires in the world after China and the USA, fits squarely with Eton Solutions’ international expansion plans. India is a critical market within our global growth strategy, and we are bullish about the opportunities in this geography, and about servicing the diaspora internationally from India. The fact that we are gearing up to open our next Technology Center in GIFT City very soon is a testimony to our commitment.”

Satyen added, “We are thrilled to have Catamaran as the first among what we are confident of, will be many marquee customers in India. Our partnership with Catamaran highlights the power and versatility of AtlasFive®. We are confident that our platform will empower Catamaran to achieve its ambitious growth targets while upholding the highest standards of corporate governance.”

The availability of advanced platforms such as AtlasFive® in India will be transformative for the Indian family office landscape, making India a more attractive investment destination for family offices globally. Eton Solutions’ vision to address the complex needs of ultra-high-net-worth families is bolstered by a belief that a holistic, integrated platform with support from a team of skilled experts with domain knowledge in the family-office space, can enable single-family offices, multi-family offices, and professional services firms to reimagine the value they can provide to their clients.

About Eton Solutions:

Eton Solutions is an ERP software product (AtlasFive®) and services company founded to handle the complexities of servicing ultra-high-net-worth families globally. The company is based in the United States, in Research Triangle Park, NC. with its international headquarters in Singapore focused on serving markets outside of the Americas. Created by family office leaders, Eton Solutions’ flagship product is AtlasFive®, managing over US$781 billion on our integrated platform that holistically aggregates and manages all your liquid and alternative investment assets and office’s data, reporting and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximising efficiency and minimising errors and risk. Eton Solutions has experienced a CAGR of over 100% since its inception.

Visit: https://www.eton-solutions.com

About Catamaran:

Catamaran is the investment firm and family office of Narayana Murthy, founder of Infosys. With over $1 billion in assets, Catamaran focuses on public and private investments across technology, manufacturing, deep-tech and e-commerce.

Visit: https://www.catamaran.in/

For all media queries, please contact:
Ritika Kar | ritika.kar@adfactorspr.com |+91 97113 06380
Shraddha Malakar |shraddha.malakar@adfactorspr.com | +91 9167099173

10 winners selected at the seventh edition of Start-up Express

In the Final Pitching Day of Start-up Express, 10 winning start-ups were selected. CHOMP and Petalife won the ESG Award and the My Favourite Start-up Award respectively
Nearly 200 industry players from Hong Kong’s I&T ecosystem attended, helping start-ups seeking partners and enhancing brand awareness
Many finalists integrated artificial intelligence into their products and solutions
The third Start-up Express International will return during Entrepreneur Day in December

HONG KONG, July 1, 2024 – (ACN Newswire) – The seventh edition of Start-up Express, an entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC), came to a successful conclusion today with the selection of 10 winning start-ups. The ESG Award went to CHOMP in recognition of its sustainable and socially impactful business solution while the My Favourite Start-up Award, decided through audience live-polling, was awarded to Petalife. The 10 start-ups will participate in a series of local and overseas business events organised by HKTDC to develop their profiles through building connections, exploring markets, seeking partners and enhancing brand awareness.

HKTDC is fully committed to supporting and promoting the development of start-ups, helping them to expand into Mainland and international markets to showcase Hong Kong’s strengths in innovation and technology.

Stephen Liang, Assistant Executive Director of the HKTDC, said: “Start-up Express is now in its seventh year and, over the past six years, we have assisted 60 Hong Kong start-ups by helping them to expand and venture into overseas markets. Many have won international awards, secured large orders, and received new rounds of investment. China’s clear support along with the collaborative efforts by various stakeholders, continues to drive Hong Kong’s development as an international innovation and technology hub, charting a new direction for the city’s I&T development. HKTDC will continue to foster a favourable environment for start-ups and help them achieve new heights while advancing Hong Kong’s economic development.”

This year’s Start-up Express attracted more than 200 applications, with finalists from the education tech, fintech, AR/VR, climate tech and food tech sectors. Several green tech, health tech and smart city start-ups integrated AI to provide innovative and creative services and products. Nearly 200 industry players, including business leaders and investors, attended the Final Pitching Day. Booths were also set up during the event enabling the Start-up Express finalists to showcase their businesses to all attendees and participants.

Comprehensive range of networking and matching initiatives provided to winning start-ups

The 10 winners were selected from 20 contestants in the final pitching round and each presented innovative business ideas and answered questions raised by the distinguished panel of judges. The 10 winning start-ups are: Braillic, CathovenAI, CHOMP, Lacess, Libpet Tech, PharmCare Technology, PointFit Technology, Stellerus Technology, Vidi Labs and Xtra Sensing.

Click here to download the list of winners and their company profiles.

The HKTDC will arrange a series of exposure opportunities for the winning teams to interact with potential investors, buyers and partners.

Exceptional presentations at Final Pitching

Start-up Express judges this year were Jimmy Tao, Chairman, Hong Kong Startup Council; Andrew Young, Associate Director (Innovation), Sino Group and Cindy Zhang, Executive Director, Gobi GBA. Jimmy Tao, Chairman of Hong Kong Startup Council, said: “The exceptional performances of this year’s finalists and business diversity demonstrated that local start-ups have considerable strengths in innovative thinking. Hong Kong’s start-up community continues to thrive, with a record high of more than 4,200 start-ups launched last year, demonstrating Hong Kong’s appeal as an ideal destination for establishing a business. The Start-up Express winners will be able to gain more valuable opportunities to expand their markets and networks and help fast track business development.”

Assist start-ups expanding business in Mainland China and international market

Start-up Express provides extensive promotional opportunities for start-ups with winners able to take part in exhibitions in Mainland China and internationally, and attend meetings with investors to learn more about the industry, market trends and investors’ preference.

Edmund Chan, COO and co-founder of Meat the Next, a new generation food producer and Start-up Express 2023 winner, said: “We have gained a lot from our participation in the Start-up Express, which helped us to broaden our brand awareness. We have also participated in various activities and training sessions organised by HKTDC to explore markets and build connections on all fronts. Earlier this year, we participated in the SIAL Shanghai Global Food Industry Summit under the Hong Kong Pavilion organised by the HKTDC and signed a Memorandum of Understanding with a leading Hangzhou e-commerce platform to launch plant-based milk in Mainland China. The HKTDC’s support is instrumental in enabling Hong Kong brands like us to successfully enter the vast Mainland market.”

Wada Bento, a Start-up Express winner in 2021, targeted the Japanese market by setting up an office in Osaka with HKTDC’s assistance and has so far raised 400 million yen (approximately HK$21 million) for further expansion in Japan. Wada Bento plans to install 100 bento vending machines in Osaka and Tokyo by the end of the year to develop a brand-new sales platform for the Japanese food industry.

Start-up Express International returns in December with global start-ups

The HKTDC has always given its full support to Hong Kong’s entrepreneurial ecosystem, helping to maintain the city’s status as a competitive business centre and hub for innovation. Start-up Express International was launched in 2022 for overseas early-stage start-ups to share the stage with local Start-up Express winners.

So far, Start-up Express International has attracted participants from around the world, including Australia, France, Germany, Japan, Korea, Turkey, Singapore, United Arab Emirates and the United States. The third Start-up Express International will return during Entrepreneur Day in December and the HKTDC will support the winners in setting up their businesses in Hong Kong and to explore the mainland and Greater Bay Area markets.

Websites
Start-up Express: https://portal.hktdc.com/startupexpress/
Photo download: https://bit.ly/4bnxdx7

The 10 Start-up Express 2024 winners with the judges and guests. Back row from the fourth left: Jimmy Tao, Chairman, Hong Kong Startup Council; Cindy Zhang, Executive Director, Gobi GBA; Stephen Liang, Assistant Executive Director of the HKTDC and Andrew Young, Associate Director (Innovation), Sino Group

Students were invited to present their innovative solutions at the Final Pitching Day of Start-up Express. Sarah Tong (second from right), co-founder of Big Bang Academy – the winner from last year – provided guidance and presented the appreciation certificates to the students

Nearly 200 industry players were invited to participate in the Final Pitching Day of the Start-up Express, allowing start-ups to interact with investors and business leaders

A start-up exhibition at the Start-up Express Final Pitching Day venue, enabled the finalists to introduce their companies to the attendees

Media enquiries
Please contact the HKTDC’s Communications & Public Affairs Department:
Clayton Lauw, Tel: (852) 2584 4472, Email: clayton.y.lauw@hktdc.org
Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Kitabisa achieves a 33% boost in Transactions per user and Increase in User-stickiness with CleverTap

San Francisco, Calif, & Mumbai, India, June 26, 2024 – (ACN Newswire) – Kitabisa, Indonesia’s leading donation platform, chooses CleverTap, the all-in-one engagement platform, to boost app stickiness and click-through rates for push notifications. Kitabisa was able to deliver data-driven, personalized interactions on their platform which led to notable improvements in donations per user.

Set up in 2013, Kitabisa is Indonesia’s leading donation platform and facilitates over 10+ million donors, 1,000,000+ campaigns, 3,500+ NGOs and social institutions, and 400+ CSR initiatives. By deploying CleverTap’s platform, Kitabisa aimed to improve engagement, better segment their users, and understand donors’ specific behaviors and preferences on the app. With CleverTap, Kitabisa was able to automate user segmentation, create personalized user journeys and push-notifications, and further its mission of encouraging more frequent and impactful donations.

Impact of this collaboration:

33% increase in the median number of donations per user
10% increase in average click-through rate for push notifications and in-app notifications
5% increase in user stickiness (daily average users/monthly average users)

Denny Yusuf, Product Lead at Kitabisa, said – “CleverTap has been instrumental in helping us achieve remarkable growth in user engagement and donations. The 33% increase in the number of donations per user is a testament to how effectively CleverTap has enabled us to take an integrated approach to tracking user interactions and tapping into insights to better understand user behavior. This equips us to deliver highly relevant communication across various channels based on user preferences. Furthermore, with CleverTap’s intent-based segmentation, we are able to predict future intent and tailor our communication strategies to suit the specific needs of our users. This has been instrumental in fostering a more engaged and loyal user base.”

Sidharth Pisharoti, Chief Revenue Officer, CleverTap said – “We are honored to have been a part of Kitabisa’s journey and efforts to raise more funds to support various causes in Indonesia. In today’s competitive world, leveraging data-driven insights is crucial for marketers to craft and deliver tailored messages that build lasting relationships with users. With CleverTap, Kitabisa has been able to craft more personalized communication strategies and increase donations from their users. We look forward to continuing our support for Kitabisa as they expand their impact and build a loyal user base.”

About CleverTap

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/
X: https://twitter.com/CleverTap

Forward-Looking Statements

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

GDA Capital & Coinweb Launch The Next Top Blockchain Startup Competition with a $200k+ Prize Pool to Fuel Innovation and Growth in Web3

ONTARIO, CA, June 20, 2024 – (ACN Newswire) – GDA Capital and Coinweb are excited to launch the “Next Top Blockchain Startup” Competition for Summer 2024, and with multiple developer tracks from blockchain infrastructure partners. The competition boasts an impressive prize pool of $200,000 USD, with more prizes likely to be secured leading up to the event. Over the four weeks of July, entrepreneurs will benefit from an educational program designed to build thriving businesses and will have the opportunity to secure vital funding by pitching their business in a live case competition setting.

The Next Top Blockchain Startup represents a route for new development teams to gain not only funding but also exposure to essential industry relationships and educational content. It is supported by leading protocols, organizations, investors, and a broad network of mentors from academia, enterprises and developer communities from all over the world.

“Guiding the next generation of blockchain entrepreneurs from ideation to realization is more than a mission; it’s a necessity for the industry’s evolution. GDA Capital is proud to be at the forefront of this transformative journey, and to host this initiative that I wish existed while I was at university, and was looking to get more immersed into the international blockchain community” states Michael Gord, Founder and CEO of GDA Capital.

“It is events like these that truly push the industry forward. We at Coinweb are eager to showcase the untapped potential residing within our community, setting the stage for the natural evolution of the internet,” says Toby Gilbert, Co-Founder & CEO of Coinweb Labs. Coinweb Labs, the core contributor of The Coinweb Protocol, the Layer 2 cross-chain protocol, has recently announced a $10M grant for startups building on the platform and has offered a portion of this grant to fuel the event.

This year’s competition revitalizes the industry challenge segment with exhilarating new tracks led by forefront companies in the blockchain space:

Interoperability by Coinweb
Decentralized Cybersecurity by Naoris
Revolutionary Asset Management with the ERC-7621 Basket Token Standard by Alvara Protocol
Web3 Competitive Gaming by Moxy
AI Future by a global AI Web3 Launchpad
POGE (Proof Of Green Energy) Mining/Blockchain by SolarX

The Next Top Blockchain Startup competition has also partnered with key institutions within the blockchain space, including the Blockchain Education Network, one of the most established bridges between top universities and the Web3 industry. The focus on partnering with these institutions is to bring participation from the brightest young minds around the world, and to inspire the next generation of builders to focus on building web3 applications.

To get involved in this competition as a participant, sign up for free on Devpost.

To get involved as mentor, judge, business partner, sponsor, or investor, reach out to info@nexttopblockchainstartup.com, or directly on twitter.

About GDA Capital

GDA Capital is a leading provider of digital asset investment and capital markets advisory services, specializing in global go-to-market strategies, investor relations, corporate development, community building, and tokenomics. With a team experienced in bringing new technologies to market, GDA Capital plays a significant role in the global digital asset ecosystem.

About Coinweb

The Coinweb Protocol is a groundbreaking Layer 2 cross-chain computation platform that uniquely combines Scalability with Interoperability, setting new standards in the blockchain industry. It enables the seamless operation of decentralized applications across multiple blockchains, effectively merging them into a unified ecosystem.

Source: GDA.Capital

For media inquiries, please contact:
Zephyr@platodata.io

Findell Capital Management LLC Releases Comprehensive Research Coverage Report on ESTA : Nasdaq

NEW YORK, NY, June 17, 2024 – (ACN Newswire) – Findell Capital Management LLC, an investment management firm, today announced the release of a detailed Report on Establishment Labs Holdings Inc. (Nasdaq: ESTA), which can be found here.

ESTA is a NASDAQ listed company, headquartered in Costa Rica, that has developed and commercialized a significantly improved breast implant. We believe ESTA stock has a credible pathway to double in the next year, with an opportunity to grow multiples beyond that with a long-term price target of +$200 versus $44.48 (6/14/2024 close).

ESTA screens as expensive (7.7x sales multiple) and has a corresponding large, short interest (20%) and was also subject to a Hindenburg short report in 2022. However, Findell believes that ESTA has one of the best fundamental growth stories in the med-tech space over the next several years and 2024 will be a crucial inflection year with the launch of Motiva in the US and the roll out of Mia-Femtech abroad.

ESTA has developed and commercialized a significantly improved breast implant, Motiva, that is on the cusp of being cleared by the FDA. This US launch coupled with the launch in China should allow ESTA’s base business to grow at a +30% CAGR over the next several years.

The market has yet to fully appreciate how differentiated this product is from legacy products and how untenable it will be in the long run from a liability perspective for doctors to use anything but Motiva, the safest product ever developed by a large margin. We believe that Motiva’s launch in the US will be similar to how it launched in Switzerland and South Korea – it will take majority share in short order.

ESTA has also developed a minimally invasive procedure called Mia-Femtech, which it has just begun to roll out. Mia is a 15-minute augmentation procedure that requires no general anesthesia and has minimum recovery time and achieves a very natural look. Given how radically different a procedure this is – both in the process and the final output – Mia could significantly expand the addressable market for augmentation – this could be to breast enhancements what Ozempic is for weight loss.

With Motiva’s launch expected in early Q3 pending a site visit by the FDA and Mia-Femtech’s roll out underway, the second half of 2024 and early 2025 will provide several proof points of this burgeoning growth story and the heavily shorted stock should re-rate accordingly.

Findell will be doing a live interview with SumZero at 10:00 a.m., Monday, June 17, 2024 to further discuss the story. To register – click here.

Contact:
Findell Capital Management
LLC88 Pine Street, 22nd Fl.New York, NY 10005
info@findell.us