Inside TechinAsia’s First Hong Kong Meetup Featuring Southeast Asian Startups Payroll Hero and GrabTaxi

How to startup in SEA

Silicon Valley is unarguably the Mecca of the tech world, but many entrepreneurs are now recognizing the untapped potential in Southeast Asia and setting up their startup headquarters there.

In its first meetup event organized in Hong Kong, TechinAsia brought together entrepreneurs behind two successful start-ups based in Southeast Asia to discuss the dynamics and development of the start-ups space in this region:  Steven Jagger, founder of Payroll Hero and Anthony Tan, CEO, GrabTaxi.

Payroll Hero’s website describes it as a startup that enhances payroll administration with image recognition technologies. Explaining the reason behind the startup germinating in Manila, Jagger said, “We are here because Southeast Asian markets are a huge opportunity: cloud computing is becoming acceptable, the cost of internet and data is coming down. All this is happening right now.”

He further added that since his business model is such that payment for services is made per employee, it helps that the company is located in the Philippines where the employee counts are high.

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Congrats to Hong Kong Hardware Startup EzeeCube; Now Fully Crowdfunded on Indiegogo

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EzeeCube, a stackable media hub that syncs, stores and manages your content, has been fully funded on Indiegogo!

31 days into their campaign, EzeeCube reached their goal of US$75,000 after having their project covered by Engadget.

Now, our homegrown hardware startup is plunging ahead for their next objective: raise up to $125,000 – $150,000 by campaign’s end. Click here to back EzeeCube now! Having already raised over $110,000 – the EzeeCube team plans on incorporating new perks such as the ‘Retro Player’ which is a stackable element compatible with Sega Genesis and Nintendo SNES cartridge games (if $125,000 is raised) and Chromecast support (if $150,000 is raised).

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Speakers from YouTube, Evernote and Sequoia Capital Set to Invade the Merlion City for Techventure 2014 Singapore

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Here in Hong Kong, we find our startup scene being constantly compared with our Southeast Asian neighbor Singapore.

As this ‘Startup Nations Asia’ report indicates, Hong Kong and Singapore both boast very similar environments in the areas of regulation, financing, talents and technology. As such, the two cities’ are two of Asia’s most ideal places to build a startup – the upcoming Techventure 2014 will be the perfect place for Hong Kong and Singapore to converge. Click here to view a chart highlighting the two ecosystem’s similarities.

Running from September 23 – 25, the three-day conference will give tech startups from Asia-Pacific the chance to network with other technologists, VCs, private investors and the regional business community.

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