Farming + genAI = bumper harvest?

More: The Shein x Forever 21 collab and red flags to watch out for on any VC term sheet. [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: - [How genAI could revitalize Indonesian agriculture]( - Temu fires a warning shot across Shopee’s bow - Other newsy highlights such as Shein’s partnership with fashion brand Forever 21 and how to spot red flags on any VC term sheet --------------------------------------------------------------- Hello {NAME} Did you know that Viagra was originally invented to treat high blood pressure? It’s one of my favorite fun facts that the little blue pill wasn’t developed as medicine that could - to put it politely - save marriages but was instead supposed to ease physical problems of a very different kind. It was only the discovery of a hard-to-miss (pun intended) side effect that changed the course of history. I love the idea that human creativity and innovation are so powerful that we can accidentally solve problems we hadn’t even considered tackling. It’s a testament to our adaptability and our luck as a species, I guess. Similarly to Viagra, I don’t think generative AI was envisaged to help farmers keep their crops safe from disease and boost yields. But the tech could do just that before long. -- Peter  ---------------------------------------------------------------  THE BIG STORY [Why genAI for farming in India can be fertile ground for Indonesia’s agritech players]( Indian agritech firms are experimenting with generative AI to come up with solutions for farmers. Can they take root in Indonesia? --------------------------------------------------------------- TRENDING NEWS [Is Temu’s SEA entry a warning sign for Shopee?]( Pinduoduo’s sister platform has set up shop in the Philippines, likely the first stop in its regional expansion. [Shein buys stake in Forever 21 parent to form fast-fashion alliance]( A new partnership with Sparc Group will allow Shein to step into Forever 21’s retail locations across the US. [AI investments drive PropertyGuru’s 12% revenue bump in Q2]( The proptech firm’s cost management initiatives also helped it post improvements in adjusted earnings. [Don’t take VC money if you see these 5 red flags in a term sheet]( Investors have the right to look for ways to protect themselves when they back a company but this shouldn’t come at the expense of a startup’s future. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Grab’s financial health in 9 charts]( We analyze the financial figures reported by the Southeast Asian tech titan. --------------------------------------------------------------- TECH IN ASIA CONFERENCE 2023 Most, if not all, of the things in life tend to have diminishing returns. For instance, if you’re running a business and expanding, you’d probably notice that it gets harder to grow the bigger your company gets. That means that reaching the pinnacle of your startup’s potential is an extremely hard task. To do that, it may take more than just smarts and conviction. To find out the best game plan, join Shailendra Singh, managing director of Peak XV, at this year’s Tech in Asia conference, where he’ll be sharing how the best of the best in the business world build generational companies. You can get your tickets [here]( ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [AWS GenAI Day]( on September 14 Dive deep into the world of generative AI at Amazon Web Services’ GenAI Day. Held virtually on September 14, the event will feature leading experts and innovators. Gain insights into the impactful trends, best practices, and essential tools that can help your startup leverage this new technology effectively. - [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 x CleverTap: Unraveling the Value of Customer Engagement on September 13]( Are you looking for ways to cut through the noise and stay ahead of the curve as rapidly advancing technology transforms the digital landscape yet again? We’ve got just the event for you, where you’ll learn how experts harness AI-driven tools to craft truly personalized customer experiences and predict behavior for long-term success. Apply for a ticket to join our dinner on September 13 to uncover the power of hyperpersonalization with CleverTap so you can excel in customer engagement and retention. Limited seats available - sign up [here]( now!  - [Tech in Asia’s Founders Meetup: Philippines on September 27]( Did you miss us the first time? Great news - we’re coming back to Manila on September 27 for the eighth edition of our networking event! A shift towards digital transformation has propelled tech firms at the forefront of the Philippines’ startup ecosystem. While opportunities abound, it’s not without its challenges. Need some insights on how to navigate and thrive in this scene? Come join us at WeWork Uptown (9/F, Uptown Place Tower 3, 36th Street cor. 11th Avenue, Bonifacio Global City, Taguig) from 5:30 p.m. to 7:30 p.m. Connect with fellow startup leaders to learn how you can grow beyond the early stages of your journey and explore solutions to pressing issues. [Sign up now!]( ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - GoSky AI - [Seamless Dining Meets Tech: Yo-Kai Express Partners with GoSky for Global Mini App Rollout on Instagram]( Experience unmatched convenience.Yo-Kai Express & GoSky launch instant coupon Mini App at 150+ global locations via Instagram.  - FlashIntel - [FlashIntel Secures $10M in Seed and Angel Funding, Embarks on Mission to Redefine Go-to-Market Intelligence]( Investors Include Celtic House Venture Partners, Uphonest Capital, Hat-Trick Capital, and More  - ExpressVPN - [Q&A with the tech leaders driving ExpressVPN’s innovations]( We speak with Chris Econn and Peter Membrey about the future of the company’s flagship product  - NIPA - [Leading Korean Metaverse Companies Target Global Market at AWE Asia K-Metaverse Pavilion]( Korea’s National IT Promotion Agency (NIPA) selects 6 Korean metaverse companies for the K-Metaverse Pavilion at AWE Asia 2023. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Senior Technical Business Analyst]( at Wolkk Cloud Development Jakarta, Indonesia - [Real Estate Consultant]( at Propseller Singapore, Singapore - [Business Development Specialist]( at Aleph Labs Kuala Lumpur, Malaysia - [Social Media Specialist]( at Orely Sukabumi, Indonesia - [Admin Secretary detikSumbagsel (Palembang Placement)]( at Bina Nusantara Group Palembang, Sumatra, Indonesia - [Data Analyst Lecturer - Part Time]( at Purwadhika Digital Technology School Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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