fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Ecosystem

3 Philippines startups get funding from Globe’s 917Ventures

Team AsiaTechDaily by Team AsiaTechDaily
21 July 2021
in Ecosystem, Featured
0
917Ventures
56
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

917Ventures, the venture builder unit of Philippine telecommunications major Globe, has invested about $150,000 in total in three local startups.

In a statement, 917Ventures said it has invested 2.5 million pesos ($50,000) each in startups KodeGo, Fanlife, and BentaTV to put their businesses to reality.

Both Fanlife and KodeGo joined 917Ventures’ three-month Velocity Bootcamp last year. The program aims to help external talents and bring their ideas into the 917Ventures which would help them create their businesses.

The third, BentaTV, came from the company’s internal Venture Builder program.

917Ventures is the country’s largest corporate venture builder wholly owned by Globe. Through the Velocity program, it brings external talent and their ideas into the 917Ventures family, to provide them the opportunity to create businesses with the growth levers and network advantage of operating within 917Ventures and Globe.

“We are happy to find ideas that are aligned with our vision of improving the digital lifestyle of Filipinos and helping solve social issues through technology,” said 917Ventures managing director Vince Yamat.

“These ventures are already getting ready to spin off into a company so we are here to provide them with the support they need. We look forward to seeing them grow and take off to be successful digital pioneers,” he added.

With K-culture being very popular in the Philippines, Fanlife brings fans closer to their favorite K-Pop or K-Drama stars through exclusive experiences such as virtual concerts and livestreams, and official merchandise.

Aside from Korean artists, Fanlife also connects the fans to their other local and international favorites all within the website.

KodeGo, on the other hand, is an online bootcamp for those who would like to learn or improve in various areas of IT so they can land the right jobs. It offers a “learn now, pay later” model where students can focus on learning without financial stress.

Meanwhile, BentaTV is an online seller platform that simplifies live-selling and social media selling processes for non-tech-savvy informal merchants. This allows sellers to easily start and grow their online business with just a mobile phone and an internet connection.

What are your thoughts?
+1
1
Upvote
+1
0
Clap
+1
1
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: 917VenturesStartupsVenture Builder
Previous Post

Employment Hero to speed up Southeast Asia expansion after raising $102m

Next Post

Aruna, Indonesia’s fishery platform, nets $5.5m, names president

Related Posts

RPG Commerce
E-commerce

DTC platform RPG Commerce raises $29 million

June 23, 2022
CONTEC
Featured

Korean startup CONTEC’s ground stations behind the successful launch of KARI’s KSLV-II

June 23, 2022
Finhay
Featured

Vietnamese digital investment platform Finhay scores $25m funding

June 23, 2022
Le Yen Thanh
Featured

Le Yen Thanh, CEO of Vietnam’s Phenikaa MaaS, named in 2022 Forbes 30 Under 30 Asia

June 23, 2022
Flip
Featured

Indonesian payments platform Flip makes second close of Series B round

June 16, 2022
Terra.do
Featured

Terra.do launches mobile app, receives $5m funding

June 16, 2022
Next Post
Aruna

Aruna, Indonesia's fishery platform, nets $5.5m, names president

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo