Philippines

  • Manila-Based Altitude Games Raises $275,000 To Develop Midcore Titles

    Manila-Based Altitude Games Raises $275,000 To Develop Midcore Titles

    Altitude Games, a Manila-based mobile game studio, has raised $275,000 in seed funding from investors Nix Nolledo, Level Up! Games co-founder Philip Cahiwat, an undisclosed angel investor, and members of its founding team. The startup will use the capital to “jumpstart its creation of original intellectual property in the midcore game space.” Altitude Games plans to announce its… Read More

  • Rocket Internet’s Lazada Builds Out Its Marketplace Model, While Europe Fashion Portal Zalando Gets A New Investor

    Rocket Internet’s Lazada Builds Out Its Marketplace Model, While Europe Fashion Portal Zalando Gets A New Investor

    Rocket Internet’s e-commerce properties continue their march towards new horizons in all corners of the glob: in Europe, ASOS-investor and fashion entrepreneur Anders Holch Povlsen has taken a 10% stake of Zappos clone Zalando, part of a secondary offering with existing shareholders selling portions of their stakes. And in Asia, Lazada has launched its Amazon-style marketplace in a… Read More

  • Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round

    Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round

    Ayannah, a gift-remittance startup in the Philippines, just received $1 million in its first angel round. The company’s service is called Sendah, and allows Filipinos working overseas to pay for products and services back home for their families through Sendah’s site. Sendah has a number of benefits over plain cash remittance. The company has worked out a number of discount deals… Read More

  • Filipino Social Good Startups Win At IdeaSpace Competition

    Filipino Social Good Startups Win At IdeaSpace Competition

    The results are in for Filipino accelerator IdeaSpace’s startup competition, and the top ten picks have a heavy focus on social projects. A glance at the list reveals a strong emphasis on environmental and health-related projects, especially those that will likely benefit the developing nation’s poorer regions. Armtech – affordable water purification machine for… Read More

  • Filipino Accelerator IdeaSpace Picks Country’s Top 20 Tech Startups

    Filipino Accelerator IdeaSpace Picks Country’s Top 20 Tech Startups

    Many of the brighter ideas coming out of tech startups in the Philippines are health-related, with a heavy slant on mobile technologies. Filipino incubator, IdeaSpace just whittled a list of 700 entries from startups down to just 20. These 20 will eventually be halved further. IdeaSpace is offering 10 slots to startups to get six months incubation support and funding of up to $120,000 (PHP… Read More

  • Site Builder Wizard Infinite.ly Leaves Incubation

    Site Builder Wizard Infinite.ly Leaves Incubation

    Another service has jumped on the “easy” site creation bandwagon, this time a small startup out of the Philippines, called Infinite.ly. The company competes with players like Wix.com┬áto offer the HTML-challenged a way to get a website up and running, and offers a number of drag-and-drop widgets to do so. Users are started off with a selection of templates which they can customize. Read More

  • Forget The Post Office Line! Pay Those Taxes With Your Cellie

    Forget The Post Office Line! Pay Those Taxes With Your Cellie

    Before you get all excited about paying your taxes with your cellphone so you can get back to eating Cheese Doodles and watching World Series Poker, note that this is only happening in the Philippines currently. The country’s Internal Revenue Bureau has struck a deal with major telecom and banking groups that will allow personal income taxes to be paid via SMS. Unfortunately, this new… Read More