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Tenity has announced the selection of 13 early-stage startups for the sixth edition of its incubation programme in Singapore.
The startups from seven different countries represent diverse business verticals, including wealth management, real estate, e-commerce, financing, payments, insurance, and Web3.
They will receive an initial S$70,000 investment each from the Tenity Incubation Fund II.
The 13 startups were selected from more than 230 applications.
During the rigorous four-month programme, the startups will receive extensive support to refine and validate their business ideas and go-to-market strategies. They will also have access and guidance from Tenity’s distinguished alumni, seasoned mentors, and our global investor network.
The programme will culminate with a Demo Day event on November 23, 2023.
Also Read: AI’s distinction lies in its vast scale and accessibility: Raunak Mehta of Igloo
Below are the brief profiles of the 14 startups of Singapore Incubation Batch VI:
Alpyne Labs (India): Alpine provides on-ramp/off-ramp services for emerging markets, including India.
Ambrela.Money (India): Ambrela.Money is a wealth management marketplace that provides access to proper financial services for the growing number of middle-class families in India.
Bursement (Singapore): Bursement is a finance AI tool that helps growing tech startups automate manual finance tasks while maximizing cost efficiency and productivity.
ChainArgos (Singapore): ChainArgos is a blockchain data and analytics startup building a searchable blockchain platform. In a future where assets are tokenised, ChainArgos scales to bring transparency and make sense of blockchain transactions.
Fuelgrowth (India): Fuelgrowth aims to provide eCommerce intelligence to everyone who wants to build and grow their online businesses. Fuelgrowth is an AI CoPilot for DTC brands and founders, helping them reach their true potential.
MedAdvance (Australia): MedAdvance is an alternative medical bill financing company that lowers the burden of upfront costs for patients while improving the profitability of the clinics and doctors.
MetaCare (Philippines): MetaCare is a health & wellness marketplace providing benefits and protection plans for gig workers or SME employees at an affordable price by aggregating the negotiation power of these under-served individuals.
Mintpay (Sri Lanka): Mintpay is an alternative payment service provider that helps retail customers pay for goods on credit terms while also enjoying discounts and rewards.
Pints.ai (Singapore): Pints.ai is a verticalised AI company specialising in the financial services sector, helping financial institutions maximise the power of their aggregated data.
Pin’J (Indonesia): Pin’J is a closed-loop working capital financing company for underserved gig workers, helping them to pay for mission-critical expense categories.
P33R Finance (Singapore): P33R Finance is a DeFi, self-custody, P2P platform helping users on/offramp faster, safer, and cheaper.
SupplyLine (Bangladesh): SupplyLine offers an integrated digital tool for small retailers to manage their daily operations and inventory while accessing working capital and invoice financing opportunities to improve their operations and cash flow.
Thatch (Singapore): Thatch revolutionises renting, providing agents and tenants with a holistic tool to improve efficiency and convenience. It digitalises and streamlines every step of the rental journey with documentation, capture and payments.
Applications are now open for Incubation Batch VII in Singapore, Batch XII in Switzerland, and Batch III in Nordics.
Tenity is an innovation ecosystem for fintech and insurtech, with hubs in Switzerland, Singapore, Nordics & Baltics, and Spain. Its vision is to create the future of finance by accelerating tech startups and connecting them with big business, investors and industry experts.
Since its inception in 2015, more than 280 tech startups have participated in Tenity programmes, both at early stages and growth stages, attracting more than US$370 million in funding. Through its integrated investment arm, Tenity seeks to invest in up to 400 early-stage companies through its flagship incubation programmes.
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The post Meet the startups joining Tenity’s latest incubation programme in Singapore appeared first on e27.
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