The startup scene in parts of Asia is still in its infancy. The area has a seen a big increase in tech innovation and entrepreneurship. But the big players like Singapore and Hong Kong remain in the lead. However, this may not always be the case; thanks to low barriers to entry, excellent investment opportunities and high potential to attract international growth, neighbouring emerging markets may one day be the next Asian economic hub. Here’s a collection of the five biggest venture hubs in the emerging economies of the Asia Pacific.

Bangalore, India

Funding and support: Seattle and Boston-based Unitus Seed Fund is a new $20 million seed-stage investment fund that finances startups innovating for the masses in India, providing a maximum initial investment size of $100,000.

Success story: Ola, Uber’s biggest opponent in India, provides its cab service through a web browser or mobile app that supports both cash and cashless payment options via Ola money. It currently serves over 100 cities, ten times as many as last year.

Trump card: Having scooped a whopping US$600 million of investment through several rounds of funding, and having freshly acquired TaxiForSure just last month, it’s no wonder that Ola enjoys a market share of almost 70%!

Yangon, Myanmar

Funding and support: Project Hub Yangon delivers innovative incubation and training programs to help entrepreneurs launch successful businesses. Particularly impressive is their Project W initiative: a 6-month program that empowers women to refine their ideas, design business models and launch new ventures. PHY recently granted $6,000 raised from corporate sponsors to two promising businesses.

Success Story: IdeaBox is a community of Myanmar entrepreneurs who are fostering the next generation of internet companies by incubating new startups and accelerating existing companies. IdeaBox gives entrepreneurs a market advantage by providing access to capital, distribution, mentorship and global networking opportunities.

Trump Card: IdeaBox is powered by leading telecom company Ooredoo, whose presence in many parts of the region makes for a formidable incubator duo.

Colombo, Sri Lanka

Funding and support: In recent times there has been a growing number of startup funding opportunities in Sri Lanka. Colombo-based startup incubator Spiralation is best thought of as a business assault course with a grand prize at the end. After a mentoring program with several milestones to hit and tight deadlines to meet, you could find yourself rewarded with up to a million rupees – not a lot by Silicon Valley standards, but more than enough to kick-start some stellar content and a strong (albeit brief) social media buzz.

Success story: Online career portal Everjobs is revolutionising the job search process in Sri Lanka by providing thousands of career opportunities in the APAC region. Whether you’re launching your career, looking to climb the ladder, or changing direction, its user-friendly platform connects professionals with top employers.

Trump card: Backed by Rocket Internet, Everjobs benefits from the broad network of the Asia Pacific Internet Group (APACIG). The group’s network consists of 13 e-commerce and online marketplace companies, operating across 15 countries. Since it was founded in 2014, APACIG has become the leading online platform in Asia, building top Internet companies in the region.

Kuala Lumpur, Malaysia

Funding and support: Cradle’s CIP Catalyst program offers conditional grants of up to a maximum of RM150,000 to teams of innovative individuals with innovative, technology-based ideas in the ICT, non-ICT and high growth technology industries.

Success story: Tinder-like fashion app Shoppr is an online store aggregator app that provides users with item recommendations based on their Facebook profile details and what they have have “liked” or “disliked” on the app.

Trump card: Riding the wave of Malaysia’s hyper-engagement on social media, Shoppr has recently secured US$400,000 in seed funding from East Ventures, 500 Startups, and an angel investor, reaping the rewards of East Ventures’ first foray into Malaysia.

Jakarta, Indonesia

Funding and support: DeNA (pronounced “D-N-A”) develops and operates a broad range of mobile and online services including games, e-commerce and entertainment content distribution. DeNA has been investing amounts of over a million dollars to promising startups in Indonesia.

Success story: The online property platform Lamudi has grown from strength to strength since its inception in 2012. Its comprehensive database now features over 200,000 live listings in Indonesia alone, while an influx of foreign investors primarily interested in the island’s luxury sector makes Lamudi set to become the leading property platform in emerging markets.

Trump card: Lamudi recently received US$18 million in fresh investment to further drive its operations in Asia and Latin America, securing its place at the forefront of cutting-edge real estate innovation in emerging markets.

About Everjobs

Everjobs is an online job portal currently operating in Sri Lanka and Myanmar. Launched in March 2015 and led by the co-founder Ronald Schuurs, Everjobs aims to become the leading career portal for fast growing economies by finding the right opportunities for employers and professionals alike. The company is backed by Rocket Internet, as well as the Asia Pacific Internet Group (APACIG) and the Africa Internet Group (AIG).

The post 5 Far East Startup Hubs to Monitor in 2015 appeared first on Core Sector Communique.

Kolkata, 29th January 2014: STAR CJ alive, the fastest growing home shopping channel was launched in India  barely 4 years ago. They are known to offer on their website www.starcj.com and on their home shopping channel an array of products ranging from fashion, lifestyle, home appliances, kitchenware, digital devices, jewellery, beauty products and more.

Star CJ alive has always been a step ahead by providing shoppers the Delight of Smart Shopping. Such loyalty towards this well known shopping channel has been a reflection of the high standard of quality products and delivery that they’ve inculcated through the years. Adding to these would be the exciting deals and offers that they host every day.

On the occasion of their 3rd anniversary, Star CJ had conducted a survey in the target markets across Kolkata, Delhi, Pune, Ahmedabad, Lucknow, Ghaziabad, Bangalore, Ludhiana, Surat, Gurgaon, Hyderabad, Chandigarh, Vadodara, Amritsar, Faridabad, Gautam Buddha Nagar, Jaipur, Chennai, Nagpur and Nashik, which revealed interesting consumer behaviour patterns of Star CJ’s customers in Kolkata 2012-2013:

Additionally, in 2014, for the first time, Star CJ celebrated the ‘Global O’ Shopping Day’ in India along with eight other countries – South Korea, Japan, China, Indonesia, Thailand, Turkey, Philippines and Vietnam. On Global O’ Shopping Day, Star CJ featured their best Global products line-up across various categories, which resulted into 110% hike in orders as compare to the average daily order figure. Star CJ has several such exciting plans waiting to unfold this year.

Speaking on this occasion, Mr. Kenny Shin, CEO, Star CJ Network India Pvt. Ltd. , stated, “Kolkata is one of our biggest markets and we are delighted to give our customers the best deals. Our goal is to serve you better.”

About Star CJ Network India Pvt. Ltd.

STAR CJ Network India Pvt. Ltd. is the result of a strategic partnership between STAR Group (India and Asia’s largest broadcaster) and CJ O Shopping Co., Ltd. (the No. 1 home shopping company in Asia). Backed by the creative insights of STAR and the domain leadership of CJ O Shopping, STAR CJ has launched a 24×7 home shopping channel called STAR CJ alive to further increase its outreach to viewers and to provide the viewers unparalleled service and convenience of shopping from the comfort of their homes. These programs showcase a number of products of different genres from various famous brands. STAR CJ offers an unmatched, ultra-convenient shopping experience making stylish and intelligent products available at the consumers’ doorstep even as it entertains and informs with its unique television programming.

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