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MARKETS & INVESTING | Staff Reporter, Singapore

Accelerating Asia unveils first batch of startups

It aims to help develop the growth of seed-stage startups.

Accelerating Asia (AA), a regional network of startup programmes and an early-stage venture capital fund headquartered in Singapore, has launched its inaugural accelerator cohort.

The programme aims to identify and fast-track the development of seed-stage startups in Asia. It emphasises smart planning, training and support with extensive mentorship provided for by AA’s network of experienced mentors, partners and investors.

AA’s first cohort comprises mature startups specialising in e- commerce, human resources, logistics, software-as-a-service, transportation and remittances. Its founders are Bangladesh, Malaysia, Indonesia, Pakistan, Singapore, the Philippines and Vietnam.

Amongst Accelerating Asia’s top 10 participating startups include Singapore’s online photographer platform Klaud9 and analytics startup Panalyt and millenial recruitment platform TalentTribe.

Amra Naidoo, co-founder, partnerships & operations director of Accelerating Asia, said
that AA’s intensive and high-impact programme is specifically designed to provide startups with the necessary funding, mentorship and support they need to scale their growth.

The announcement of AA’s cohort followed the launch of its ASEAN Smart Cities Accelerator (ASCA), a joint partnership with the Australian government that will support entrepreneurs with innovative and tested ideas to promote the development of smart cities in the region.

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