Rocket Internet is a Berlin headquartered company that is well-known for cloning successful online startups (usually from the US), replicating them elsewhere, and turning them into million-dollar businesses. It was founded in 2007 by the Samwer brothers — Alexander, Marc, and Oliver, who have together created and sold a number of successful Internet businesses before starting Rocket Internet. Most of their businesses are e-commerce related.
The company tends to hire MBA-trained executives and management consultants to become ‘founder’ and ‘managing director’ of its businesses. However, unlike startup founders, they do not hold as much equity or have as much decision-making power to shape the direction of their companies. They are primarily executors who could be fired for underperforming.
Rocket Internet has polarized observers in the startup and technology community for its practices. Critics pour scorn on the company for blatant copying, mischaracterizing its ventures as startups, an over-aggressive and results-oriented corporate culture, and rapid turnover rates. At the same time, it is widely admired for its rapid execution ability. Read more
Kakao is a South Korea based company founded in late 2006 that is recognized for KakaoTalk, one of the most popular mobile chat apps in Asia. It has built an ecosystem of apps around KakaoTalk, giving users the ability to access a variety of services with one Kakao account. The company’s other products include:
- KakaoStory, an Instagram-like photo sharing social network,
- KakaoLink, an API that lets phone users sent links to friends on KakaoTalk, and
- Kakao Game, a platform for game developers to publish their games on KakaoTalk, and Kakao members to play games with one another.
- Kakao Page, a content and media publishing platform that pays content creators.
As of May 2012, the company is valuated at about USD 454M. In December the same year, it reached a staff strength of 280, up from 14 exactly 3 years ago.
Kakao has more products in the pipeline for 2013. That includes Story Plus, a marketing platform based on Kakao Story, Chatting Plus, which enhances KakaoTalk with third-party apps like maps and music players, and KakaoPage, a micropublishing platform that enables authors to monetize their content. A PC version of KakaoTalk has also been planned. Read more
Updated: 6 Feb 2013
JFDI.Asia aims to build an innovation ecosystem that sustains itself, in Asia, for Asia. Together with the rest of the startup community, it strives to turn local founders into investors within 5 to 10 years. Its signature event is the JFDI.Asia Bootcamp. It operates a Minimum Viable Cafe, which offers a private pantry on a pre-paid basis to its extended network of partners, alumni, high-tech entrepreneurs in Block71 and their guests. The company, registered in Singapore in January 2010, is a member of the Global Accelerator Network. Read more
Gametize strives to create compelling experiences through game dynamics. It claims to be the leading gamification startup in Asia, having developed projects across various industries. The company believes that gamification should be applied to all aspects of life, since it could cause people to become more motivated and engaged. The startup was founded in 2009 as Socialico. It is headquartered in Singapore and has a presence in San Francisco. Gametize achieved cashflow positive status in 2012. Read more
SingTel Innov8, the venture capital subsidiary of SingTel (view profile), manages a fund size of USD158M. It invests in technologies in the fields of network capabilities, next generation devices, digital content services, and customer service enhancers. Read more
SingTel Group (Z74.SI), a publicly-traded company in the Singapore stock exchange, is one of the largest telecommunications companies in the world. It has a total mobile subscriber base of 462 million users in 30th June 2011, up 11% from a year ago.
Besides being the leading operator in Singapore with 46.4% market share, it is a shareholder in major telco companies and non-mobile firms around the world. Earnings outside Singapore, the location of its global headquarters, make up more than 70% of the group’s revenue. Quarterly net profit from April to June 2012 was SGD945 million (USD759 million), up from SGD916 million in the same period in 2011. Read more
Kezaar is a marketplace for classes and workshops. It matches talent or skill sharers with learners via crowdsourcing. The company was established in March 2012 in Singapore and is headquartered there. They plan to expand to the region. Read more
ShopSpot aims to make buying and selling as easy as tweeting. The team was runner-up at the AIS Startup Weekend Bangkok 2011 and an incubatee at the JFDI-Innov8 2012 Bootcamp. Founded in January 2012, the startup is based in Thailand and Singapore, and plans to expand to Malaysia, Indonesia, and Philippines. Read more
Gushcloud aims to be the best place in the world for people to connect with brands meaningfully. It was founded in Singapore in 2011 and has a presence in Singapore, San Francisco, Indonesia, and Malaysia. Read more
September 16, 2012 by SGE
Dropmysite, more popularly know as Dropmyemail, is a Singapore-registered company that wants to back up the Internet. It is founded in September 2011. Dropmysite is headquartered in Singapore, and has employees in the United States (Dallas), Japan, India, and Argentina. Read more