Startups
Start-up stars at my first WIT Bootcamp
04/06/2015 by WiT
Maggie Rauch, senior research analyst, PhoCusWright, was at today's Bootcamp held in conjunction with WIT Japan and she came away impressed. Here's her account.Today’s competitors at WIT Japan’s Start-Up Pitch, held as part of the Bootcamp, were impressively bold, creative, and well prepared to [...]
Travelport opens its Labs Incubator to help develop travel start-ups
03/06/2015 by WiT
Travelport has developed a seed stage investment and mentorship programme to accelerate the growth of start-up companies focused on travel commerce. The Incubation programme will run in four-month-cycles with four start-ups accepted for each cycle. Mentors will be in-house Travelport experts [...]
Klook Travel raises US$1.5 million funding, aims to revolutionise Asia’s travel activities space
01/06/2015 by WiT
Hong Kong-based travel activities booking start-up, Klook Travel, on June 1 announced its completion of a US$1.5 million seed investment round, as well as the launch of Klook Mobile. The investment round was led mainly led by mainland China tech veteran, Xiaoguang Wu, who is Tencent’s senio [...]
WIT Start-Up: Journeyful – a rewards based hotel-booking engine
26/05/2015 by WiT
Q: Describe the business, core products and services in one paragraph Journeyful operates in the double-sided market of travel. On one side, we service travellers with our online travel agency, Journeyful.com and offer them the best prices in the market with a robust rewards program. On the [...]
The Wrap: With fresh funding Lodgify set to expand product development operations
21/05/2015 by WiT
In the news: Lodgify gets new funding, Travel Parking Group’s app on Travelport, ibis Hotels partners Deezer, APAC airlines’ 2014 financial performance With fresh funding Lodgify set to expand product development operations With vacation rentals hotting up and Airbnb signalling an ex [...]
Traveloka claims pole position as Indon market heats up
11/05/2015 by Yeoh Siew Hoon
In the space of one year, it is clear that Traveloka has streaked ahead of its competitors, and that position is no doubt making its rivals nervous and uneasy. Rumours abound as to what its burn rate is and how much it is spending a month on search and customer acquisition. Observers point to [...]
WIT Start-Up: Postcard & Tag – a new way of sharing travel
29/04/2015 by WiT
Postcard & Tag the new visual social travel directory had its  global launch in Jakarta, Indonesia. on April 21. The company shares with WIT its vision and plans. 1. Describe the business, core products and services in one paragraph Postcard & Tag is your social travel directory t [...]
T Fuad: Ahead of the start-up mob and betting on the sharing economy in Asia
27/04/2015 by Yeoh Siew Hoon
There are some people who've just got the start-up gene in their blood and Turochas Fuad, co-founder of travelmob, is one of them. He left a cushy corporate job to start travelmob. He's also been successful at exits – he sold his first start-up 10 years ago in Silicon Valley and last year, he so [...]
Lessons from building a tours & activities business from scratch
20/04/2015 by Yeoh Siew Hoon
At WIT Middle East in Dubai earlier this month, Tao Tao, COO & co-founder of GetYourGuide, the tour and activities marketplace, sat down for a conversation with Yeoh Siew Hoon, founder of WIT, to talk about mistakes made, lessons learnt and how “the fine line between resolute persistence and u [...]
Tune Labs, a new venture to help aspiring Asean entrepreneurs realise their visions
10/04/2015 by WiT
Three Malaysian entrepreneurs and business partners – Tan Sri Tony Fernandes, Datuk Kamarudin Meranun, and Lim Kian Onn – have teamed up to form Tune Labs, a Kuala Lumpur-based start-up incubator and accelerator programme to identify, mentor and fund entrepreneurs across the Asean region. The [...]