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A further 100 tech jobs will be created in Melbourne as two fast-growing startups look to expand locally rather abroad.
Cloud-based mobile payment and loyalty platform LOKE and peer-to-peer lending service Timelio will each by creating 50 new jobs as the Victorian government invests to keep these high-growth, high-potential companies in
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Satoshi Nakamoto doesn’t exist. He is not one person. He is not even controlled by a single entity. And although I would argue much of his writings were produced by one person and edited by committee, it is important to bitcoin that he not exist. His lack of existence, in a very real way, is what will help bitcoin survive this decade and morph into what it will soon become. Satoshi… Read More
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Organisers behind next year’s above all human conference hope bringing the event back to Melbourne will keep fuelling the city’s red-hot startup sector.
Conference co-founder Bronwen Clune describes Melbourne as the “epicentre” of Australia’s innovation scene, saying momentum has shifted away from Sydney in the last five or six years.
“Slack, Etsy,
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Founders need to make full use of the networks and contacts that investors bring with them rather than just taking the money and running, Sherpa’s Ben Nolan says.
The on-demand peer-to-peer delivery platform (http://ift.tt/1xBvD15) has closed a $1.2 million funding round from private investors including Hotels Combined co-founder Michael Doubinski, and
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Malcolm Turnbull’s first “signature” policy statement is clever politics, not least because many of the initiatives have been previously announced. Whether the ensemble of measures gets any closer to the heart of the Australian innovation issue is another matter.
The agenda (http://ift.tt/17poino) is remarkably thin on detail, and even thinner on
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In 2008, someone calling themselves Satoshi Nakamoto posted a paper (http://ift.tt/1d4HkH2) describing the workings of what would become the world’s most important digital cryptocurrency, Bitcoin (http://ift.tt/1lSTD0k). Two months later, he posted the code (http://ift.tt/JKdr3f) for the first version of the software that would allow people to create and exchange the
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From left to right: Tan Ban Eu, Tan Ee Ern and Lau Ngee Keong
Malaysia-based startup Offpeak announced today that it has been awarded the CIP 500 grant by Cradle Fund. The grant, which has a value of RM500,000 (US$117,000), will enable the restaurant discovery and dining privileges platform to further “scale, both in terms of operations capabilities and in restaurant partnerships in Malaysia,” said Tan Ban Eu, Co-founder and director of Offpeak.
This grant brings Offpeak’s war chest to US$917,000 after factoring in the US$800,000 Series A funding it raised from Gobi Partners earlier this year.
Launched in August 2014, Offpeak is led by Co-founders Tan Ban Eu and Lau Ngee Keong, and Business Development Director Tan Ee Ern.
Also Read: Restaurant booking app eatigo raises multimillion-dollar Series A round
“Offpeak is a dining-out restaurant marketplace. We aim to help restaurateurs increase their bottomline through attracting new customers and increasing [the] dining frequency of customers”, said Tan.
Dining reservations can be made 10 minutes before the dining time slot or up to a month in advance. It also offers dining privileges that are available throughout the day—from breakfast, brunch, lunch, tea time, dinner and even light snacks.
These privileges and dining reservations can be booked through the Offpeak app and requires no credit card or debit card details or advance payments.
Currently, Offpeak has more than 1,000 partner restaurants in Malaysia, spread across seven states, including Wilayah, Selangor, Penang, Kedah, Perak, Melaka and Johor.
From December this year, it has also partnered with more than 250 restaurants in Chiang Mai and Bangkok, and more than 50 in Singapore.
Offpeak says it seats one customer every 1.6 minutes and will be rolling out enhancements to the platform in Q1 2016 to serve customers better on a more localised basis.
It will also be scaling its team and expanding its presence into new markets in the future.
Also Read: RIP: The post mortem of foodpanda Vietnam
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Following the release of written statement by ride-hailing company Uber on Tuesday, which quoted Govervor of Jakarta Basuki Tjahaja Purnama’s approval for the company to operate in Indonesia, he responded on Thursday by saying that he never made such remarks.
“This is a one-sided claim [from Uber]. We cannot legalise Uber. I am disappointed by their actions, we invited them to solve the problem together and they [sent out an inaccurate statement],” he said as quoted by Jakarta Globe.
“If [Uber] is still operating, just catch them. This is disrespectful,” he added.
Governor Purnama stressed that in order to be given permission to operate, Uber still needs to meet requirements which includes fulfillment of company’s legality status, payment of taxes, insurance for both passengers and drivers, as well as quality control check for Uber cars.
He also added that as far as legality goes, Uber’s competitor GrabCar, which is a part of GrabTaxi, is the one who is ‘closest to fulfill all the requirements.’
Also Read: Uber banned from China’s most popular social platform over ‘violations
In their written statement, Uber claimed that Governor Purnama had acknowledged the value that the ride-sharing app can give to the general public, encouraging healthy competition between transportation providers in Jakarta. Uber also admitted that they ‘have made a mistake’ and will comply to the government’s requirements.
While the governor does not plan to sue Uber for making inaccurate statement, he restated that raid against Uber drivers in the capital city would continue.
“Enjoy 2-for-1 tickets to Echelon Indonesia 2016 now. Do not miss out on Indonesia’s biggest international tech conference!”
Image Credit: picjumbo.com
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DataScience, the data science startup with the name (and URL) that every other data science startup wants, announced today that it has raised $22 million in Series A. The company says that it uses a combination of in-house data scientists, proprietary technology and custom data models to help businesses do things like predict a customer’s lifetime value and analyze the common features… Read More
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CultureIQ announced today that it has raised $3 million in seed funding. Founded by former SecondMarket CFO Greg Besner, the New York City-based startup offers what it calls “culture management software.” That includes tools for surveying employees and analyzing the results in real-time, as well as a “culture strategy group” that helps customers explore programs… Read More
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