8 Malaysian startups to pitch for shot at US$1m fund
PETALING JAYA: Eight startups will pitch for a spot to represent Malaysia at the Seedstars Global Summit in Switzerland next April. The global winner will land the grand prize of over US$1 million (RM4.29 million) in investment.
For the Malaysian selection on Thursday, the eight startups will make their presentation in front of a jury consisting of Joseph de Leon from Gravitas Prime, Juliana Jan from Cradle, Hassan Alsagoff from Mountain Partners Malaysia, Rebecca Kux from 500 Startups, and Rosie Keller from Seedstars.
Seedstars is an organisation dedicated to connecting many startups with people within the ecosystem, giving them a chance to build a company from the bottom. The organisation also invests in established entrepreneurs throughout the globe and selected startups can benefit from these connections the company has.
Here’s a roundup of the Malaysian startups that will be pitching this Thursday’s event.
1. CheQQme
CheQQme is a mobile marketing platform that uses gamification as a marketing tool to bring online customers to offline walk-ins. This gives brick-and-mortar stores more exposure and market value.
It has new challenges posted for the users to try out, from quizzes to treasure hunts. It comes out with new games to keep users engaged on their platform.
2. MoneyMatch
There are charges when we exchange or send money abroad through banks. This Malaysian FinTech company provides a platform that doesn’t impose any hidden charges on money transfers.
MoneyMatch is a digital platform that provides cheaper and easier cross-border remittance services. Being an online platform, the company can lower operational costs and offer a competitive rate.
3. Moovby
Moovby is a peer-to-peer car sharing service that puts idle cars into good use, even if it’s just for an hour. This company build a platform where users can rent their vehicles to others.
They charge on an hourly basis which benefits many people who aren’t interested in renting the cars for a whole day.
4. PasarTap
PasarTap is a grocery delivery service that acts as the middleman between you and your local fresh food suppliers.
5. PolicyStreet
PolicyStreet provides an online comparison platform for customers to find cheap and relevant insurance. The company provides everyone with a straightforward, easy-to-understand version of different kinds of policies and schemes.
6. UMAI
UMAI is a restaurant operations software that helps to enhance your restaurant’s hospitality and reputation. The system works by storing information on customers from their previous dining experiences.
7. ViExAs
ViExAs provides a platform to ensure that expert technical or domain knowledge of a product or company’s source code can be easily accessible to other employees. It is still in closed beta-testing phase with few volunteer users and companies.
8. BAWA Cane
BAWA Cane is an assistive smart cane that connects to the mobile phones or wearable devices of the visually impaired to guide their journey. It provides the users an insight to their surrounding environment with its data processing and the audio feedback allows the visually impaired to navigate easily and safely.