Left Menu
Development News Edition

Anthill Ventures selects 15 startups for 'A-Scale' with support from Enterprise Singapore Hyderabad

PTI | Hyderabad | Updated: 15-05-2019 20:33 IST | Created: 15-05-2019 18:28 IST
Anthill Ventures selects 15 startups for 'A-Scale' with support from Enterprise Singapore Hyderabad

Anthill Ventures, which handholds early-stage startups, Wednesday announced that 15 startups have been shortlisted for A-Scale, an Asian market access programme based in Singapore. A cohort of 15 startups from Singapore, India, Israel, and the US with cutting-edge solutions for health tech, media tech and urban tech have been selected after evaluation of over 300 applications received from across the world, a press release said here.

This programme has the support of Enterprise Singapore Singapore government's agency that is championing enterprise development. It is also in charge of developing Singapore's startup ecosystem.

Anthill Ventures is part of the agency's "Startup SG Accelerator" initiative providing mentorship and resources to support the growth of start-ups, it said. Through A-Scale, the shortlisted startups will gain access to over 100 global subject matter experts, over 50 corporate partners and an opportunity to implement their smart products and solutions in the public sector via government organisations.

The programme will help each of the selected startups to raise funding of up to USD 1 million and an additional syndicated USD 20 million smart capital via Anthill's co-investors network, the release said. The shortlisted media tech and health tech startups will benefit from Anthill Ventures' existing market access programmes and speed-scaling ecosystem in India: Anthill Studio and Lumos respectively.

Anthill Ventures, founder and CEO, Prasad Vanga said: "The batch of 15 aspiring startups selected for A-Scale is a testimony of Anthill's commitment towards building a strong innovation ecosystem globally." The startups were evaluated based on the quality of technology solutions, growth potential, product readiness and scalable business model. The selected startups are focused on building new technologies-based solutions across healthcare, smart cities, media tech, among others, the release added.


TRENDING

OPINION / BLOG / INTERVIEW

Rethinking Rural Livelihoods in the Times of COVID-19

The reverse migration caused by COVID 19 pandemic has put an additional burden of about one crore people on Indian villages particularly in the states of Uttar Pradesh, Bihar, Bengal and Odisha. Besides increasing the risk of spreading the ...

‘Discounted Deaths’ and COVID 19: Anthropology of Death and Emotions

Death is a social event rather than the mere cessation of biological functions. As seen by anthropologists, death is not just physical but intensely social, cultural, and political....

Indigenous knowledge of communities a must for maximizing impact of community work

Generally, it has been observed that the majority of the academicians in higher education institutions neglect the wisdom of community people and throw their weight around thinking that they know everything and the community knows nothing. ...

In rebuking FBR, Pakistan’s courts take a stand for public health

The system, if implemented effectively, will allow Pakistans revenue service to combat the illicit trade in tobacco products and potentially add hundreds of millions of dollars to the states budget each year. ...

Videos

Latest News

Australia lowers COVID-19 death toll after 'youngest victim' found not to have virus

A man thought to be the youngest person to have died from coronavirus in Australia did not have the virus at the time of his death, officials said. Late last month, officials said a 30-year-old man with underlying health conditions had died...

We all have a role to play, says Indra Nooyi as protests sweep US

As protests and violence swept the United States, Indian-American former PepsiCo CEO Indra Nooyi has said everyone has a responsibility to recognize this pain and the systemic racism that has caused it. This past week, weve seen millions o...

Workers return to Mexico's border factories as auto sector reopens

Tens of thousands of workers lined up before dawn to return to work at automotive factories along Mexicos northern border on Monday, the first day that industries joined the countrys list of essential activities beginning to reopen.At car p...

Mexico's coronavirus death toll surpasses 10,000

Mexicos death toll from the novel coronavirus on Monday surpassed 10,000 after the health ministry reported an additional 237 deaths in the country.Total deaths reached 10,167, while an additional 2,771 cases brought total known infections ...

Give Feedback