Did Hero Vired fail to live up to its promises?

We look at edtech firm Hero Vired and its former students' claims against it and a Singapore greentech firm that wants to boost sustainability [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [Hero Vired faces claims against its 100% job placement guarantee]( - How Zuno Carbon wants to simply ESG reporting --------------------------------------------------------------- Hello {NAME} On Wednesday, a friend of mine asked me whether I thought humans are innately hopeful or pessimistic. My response? I think that we generally lean toward the hopeful side of things. After all, think about when you were younger - full of dreams and ideas. Skepticism and pessimism, on the other hand, seem to be learned as you get older. You have to deal with more and more disappointments, and after a while, you realize that life is easier when you aren’t always hoping for the best outcome. That way, you can never be disappointed. I think that’s why guarantees for a certain product or service are such a strong marketing point for many businesses. If people can believe that they won’t be disappointed in the outcome, then it takes all that weight off their shoulders and they can just focus on what they want to do. However, it does seem like even guarantees might not be enough to ward off disappointment in some cases, such as the hullabaloo surrounding Indian edtech firm Hero Vired. The company’s website promises a 100% job placement record, but several former students are claiming that’s not true. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Despite Indian edtech firm’s 100% placement guarantee, students are stuck with debt and uncertainty]( More than a dozen students say they were left jobless and in debt after paying for Hero Vired's postgraduate courses. --------------------------------------------------------------- TRENDING NEWS [Zuno Carbon wants to simplify ESG reporting for businesses]( In 2022, the climate tech startup placed first at the Startup Arena Pitch Battle by Tech in Asia and East Ventures. [Picus Capital names ex-MPL exec as India, SEA head]( Naman Jhawar will oversee India, Indonesia, Vietnam, Thailand, Singapore, and the Philippines, as well as drive new investments into these markets. [Baskit banks seed round extension from Korea Investment Partners]( The Indonesia-based B2B ecommerce company plans to use the funds to expand its operations. [Gaming growth in Asia Pacific sluggish amid clampdown in China: report]( Despite the slowdown, China is still home to two of the top five public gaming companies by revenue: Tencent and NetEase, the Newzoo report found. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Capital SEA: Southeast Asia’s funding landscape]( Who are the new active investors on the block? Which funding rounds look like outliers? This visual story answers all this and more. --------------------------------------------------------------- TECH IN ASIA CONFERENCE 2023 They say that imitation is the sincerest form of flattery. While many markets might not be looking to copy Indonesia per se, it’s safe to say that the archipelago has many things going for it that other countries want to emulate. In that case, we have to ask ourselves: Which market can follow in Indonesia’s footsteps in the tech scene? To figure that out, we’ve brought on Pinn Lawjindakul, partner at Lightspeed Venture Partners; Eddie Thai, general partner at Ascend Vietnam Ventures; and Gavin Teo, general partner at Altara Ventures to speak at this year’s Tech in Asia Conference. The trio will cover how each market in the region is faring so far and what they can do to reach the next level. If you’d like to catch this session, be sure to sign up for your tickets today as limited first-release sales will end in three days! Don't miss out on 50% savings [here](. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your limited first-release tickets.  - [Tech in Asia’s Founders Meetup: India on August 25]( Do you want a closer look at India’s tech scene? Discover the hidden gems of India’s startup ecosystem at our networking event on August 25 at Byg Brewski (9, 36, 4th Floor, Vaishnavi Sapphire Centre, Tumkur Rd, Yeshwanthpur Industrial Area, Phase 1, Yeswanthpur, Bengaluru, Karnataka 560022) from 5:30 p.m. to 7:30 p.m. Whether you’re facing roadblocks in funding or talent acquisition, connect with fellow founders and find solutions to your most pressing issues while offering your own expertise. Don’t miss out - [sign up now]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Corporate Retail & Funding Officer]( at Tunaiku Jakarta, Indonesia - [Strategy & Planning (CEO Office) Associate]( at Dagangan Jakarta, Indonesia - [Senior Digital Marketing]( at Jiva Jakarta, Indonesia - [Research Coordinator]( at Bina Nusantara Group Jakarta, Indonesia - [Compliance Internship]( at PT Bimasakti Multi Sinergi Sidoarjo, Indonesia - [Fullstack Developer]( at PT. Sofco Graha Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? 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