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Looking at a BB retail tech startup that's seen success

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Sun, Sep 17, 2023 11:31 PM

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More: Delivery Hero’s share price slump and Akulaku’s partnership with Netbank Daily N

More: Delivery Hero’s share price slump and Akulaku’s partnership with Netbank [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: - [A B2B retail tech startup that’s in the black]( - An agritech company focused on corn - Other newsy highlights such as Delivery Hero’s share price and fintech firm Akulaku’s partnership with Netbank. --------------------------------------------------------------- Hello {NAME} The retail experience is evolving. The other day, I went for a stroll through Decathlon, a sporting goods retailer from France that operates several outlets here in Singapore. I’ve never gone to Decathlon without buying something and this particular jaunt was no exception. Armed with a new ankle guard to support my slowly-recovering sprained ankle, I encountered massive checkout queues. Instead of lining up, I opened up my Decathlon app, scanned the product barcode, paid for what I was buying using Google Pay, and walked out after confirming the purchase using a QR code at the exit. I felt far superior to everyone who was still waiting in line. All these new developments in retail tech are changing the way we shop and engage with our favorite brands. So it’s cool that in today’s premium story, we’re taking a look at an Indian startup that’s helping retailers around the world offer convenience (and more!) to customers. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [For this profitable retail tech startup, early employees trump senior hires]( Singapore-headquartered RDEP builds customer experience platforms for retailers like Kmart in Australia and Levi’s in India. --------------------------------------------------------------- TRENDING NEWS [Antler, eFishery CEO back profitable Indonesian corn startup]( Kora said it can help farmers produce maize that is more nutritious and consistent in quality. [Delivery Hero CEO says business is “better than ever” despite stock slump]( In an email sent to employees, Niklas Östberg noted that orders have grown 2.5x compared to pre-pandemic levels, while sales grew 18% outside of Asia. [Netbank, Akulaku team up to provide loans to underserved Filipinos]( Among other services, Netbank funds loans and provides payment tools for alternative and traditional lenders in the Philippines. [KKR-backed Livspace posts 85% revenue growth, targets profitability in FY 24]( The India-based home decor unicorn cut its losses for FY 2023 by 28% to US$95.7 million, mostly due to improvements in gross margins. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [SEA tech ecosystem report]( All you need to know about Southeast Asia's startup scene in five minutes. --------------------------------------------------------------- TECH IN ASIA CONFERENCE 2023 It’s often said that how a person’s life turns out usually depends on just a handful of choices. As such, you’d probably want to have as much information as possible when making any critical decisions. To help stakeholders in Southeast Asia’s tech scene figure out what to keep an eye on, Khailee Ng, managing partner at 500 Global, will be sharing some key insights from his firm’s research on the countries in the region. He’ll be conducting this session at this year’s Tech in Asia Conference. There’s only a few weeks left to get tickets to the event at 40% off, so click [here]( to get them now. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [StartmeupHK Festival]( on November 8 to 17 Many brands like to use “all-in-one” to emphasize their range of offerings . This can be applied to events too - at this year’s StartmeupHK Festival, attendees will get to explore a huge range of topics all in one place such as Web3, healthtech, proptech, greentech, GameFi, and more. Want to find out what else you can expect from this all-in-one event? Visit the StartmeupHK Festival website [here]( to learn more. - [Startup Arena Pitch Battle]( at the Tech in Asia Conference (Apply by September 25) Startup founders, stand a chance to win a US$10,000 cash prize and more! Each finalist will get to pitch live to a panel of investors on the conference’s Main Stage and get a complimentary Startup Factory booth to showcase their startup. Finalists not based in Indonesia will also receive up to a US$1000 travel stipend. Apply [here](.  - [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: Philippines on September 27]( Engage in a real talk with founders at our first-ever panel of the Founders Meetup series on September 27. Moderated by Tech in Asia editor-in-chief Terence Lee, this session invites you to hear from Brian Cu (CEO and co-founder, SariSuki) and Rexy Josh Dorado (president and co-founder, Kumu) as they discuss the real side of kickstarting and scaling a startup in the Philippines. Get a ticket to join us at Weremote Makati Central Square (2nd Floor, Makati Cinema Square, Chino Roces Ave, Legazpi Village, Makati, Metro Manila) from 5:30 p.m. to 7:30 p.m. Avoid FOMO and [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. - MediaX Agency - [BlockchainSpace Debuts Polygon-based Community Rewards Platform, YEY, with Philippine Telco Giant at FIBA 2023]( YEY (yey.tech), through an impressive campaign at the FIBA Basketball World Cup held in the Philippines in August 2023. - PT Technologi Digital Nusantara (Techbros) - [Telecom Infra Project (TIP ON) Events 2023 Advancing Technology for the Future]( TIP-Telkom University Partnership with USTDA for the OpenRAN Feasibility Study in Indonesia; Launch Partnership with Mitratel, Exhibition and Workshop. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Lead Product Manager (Jakmall.com)]( at Dealls Jakarta, Indonesia - [HR Operations Administrator (6 months, cover maternity leave)]( at Good Doctor Technology Jakarta, Indonesia - [Android Developer]( at Paramatech Jakarta, Indonesia - [Backend Engineer]( at Bangunindo Teknusa Jaya Jakarta, Indonesia - [Sales Manager]( at Scout.inc Jakarta, Indonesia - [Junior Solutions Engineer]( at Ematic Solutions Ho Chi Minh City, Vietnam [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? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894

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