AllChinaTech is now AllTechAsia!

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AllChinaTech has been up and running for the last 22 months. As the only English tech media startup in China, our dedicated team has produced more than 1,800 English stories on China’s tech industry.

Our mission is simple: to connect the world with the startup ecosystem in China, which is a robust market backed by 700 million Internet users. Today, technology has deeply affected Chinese consumers who are in turn inspiring the future of product design and direction of technology development.

As our platform grows, we realize that China’s startup ecosystem does not exist on its own. Of our 300,000 readers, 95 percent of them come from outside of China. Readers from East and Southeast Asia register the most rapid growth for our news subscription. Together with our readers from the United States, Australia and Europe, they contribute to our highest monthly engagement rate of 1.5 million.

With the introduction of two new news columns AllTechIndia (ATI) and AllTechKorea (ATK), AllChinaTech will now be transformed as AllTechAsia (ATA). Tech news from China will be channeled into our AllTechChina (ATC) column from now on. ATK is opened with full support by our partner and South Korea’s top tech media outlet Platum.

ATA has started to expand its offline presence in South Korea via ATK and it will vitalize Korea- and China cross -border startup collaboration opportunities. Furthermore, we believe that with the creation of these new channels, (ATI – India and ATK – Korea), we can better connect to the startup ecosystem across Asia. With our partnerships with top tech media outlets, our reporting will cover the full tech scoop in Asia. We invite our readers to connect with our stories to help them discover new business opportunities, big ideas on technology, and the future beyond with our new English news service.

Thank you for your continued support, and we look forward to bring you more exciting tech news with AllTechAsia!

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Flower Plus – the app inspiring 4 million Chinese girls to share their lives (photos)

 

Not sure around when, half of the girls I know start to use Flower Plus. They order flowers online, receive flowers, share photos on their SNS and get applauses for the beautiful moments. In fact, the app has attracted more than 4 million Wechat users. The success of the app is because it uses flowers to connect the girls of their life and dreams beyond. Let me show you the colors of life created by the app.  

flowerplus

 

The first weekend after I and my roommate, Rui, ordered the flowers, we were woke up by a gentle knock-knock at the door. 0ur flower arrived! By delivering on door, the service give us the sense of “romantic surprise”. And we won’t know what flowers we will receive before we open the box.

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For the first week, we received orange lilies and daisies.

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Our cat, Princess Pan, looks happier than us 🙂

Flower plus

The next week, we received pink and yellow roses. We put the pink roses next to the photo of our favorite writer, Haruki Murakami, who wrote the popular book “1Q84”.

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I prepared breakfast for Rui and decorated the table with the yellow roses.

Flower plus
She was so surprised by the pretty picture when she woke up. She posted a photo on her WeChat account and she wrote “ a ‘candlelight’ breakfast made by my dramatic roommate!” and she told me that the photo immediately had 20 ‘likes’.

flowerplus
Maybe the reason why this app is so popular is because it understands the nature of women. Women love flowers, and women are obsessed with colors. Think lipsticks and dresses with exotic colors and patterns. Likewise, colorful flowers on a weekend will certainly make our day. By offering everyday pleasure at affordable prices (less than RMB 25 or USD 4 per week), the app offers a new type of lifestyle.

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Let’s check out a few more floral arrangements done by other girls 🙂

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What is Flower Plus?

CARD

Join us as a Part-time copy editor!

We are a Beijing-based startup media company which provides timely news and analysis on China’s tech industry in English via our online and social media platforms. We are looking for hardworking and passionate young graduates who are interested in exploring and studying China’s booming tech scene, and willing to take on the challenge of connecting foreign audience with the China’s IT industry.

Solid English writing skills and the ability to work under deadline pressure are required. Long working hours may be possible. Knowledge in the IT industry is preferred.

Part-time copy editor

Responsibilities

— Edit and polish news stories and analysis on China’s Internet and technology industries

— Fact check reporters’ stories and do additional research or reporting if needed

Requirements

— Native English speakers with basic knowledge of China’s economy and global technology trends

— College degree holder in English, journalism, or related areas

— Previous experience covering or editing articles on China’s Internet and technology sector preferred. Adventurous, outgoing, and willing to grow with a startup team

— Part time position located in Beijing

If you are interested and fit the above requirements, please send your CV and work samples to writers@allchinatech.com. Potential candidates will receive notifications for face to face interviews and editing tests.

(Top photo from Baidu Images.)

India’s online pharmacy Sasta Sundar raises funding from Japan’s Rohto, & more

by Garima Garg

Sasta Sundar raises funding of USD 5 million from Rohto Pharmaceutical

Sasta Sundar 

Founded by: BL Mittal

Founded in: 2013

The Kolkata-based medical tech startup Sasta Sundar provides genuine medicine and various health products online. It also provides information about doctors, diagnostic services and clinics in local regions. It relies on an online-to-offline network for delivering healthcare and an inventory-less service at franchise centers called Healthbuddy.  As of now, the company claims to have almost 180 Healthbuddy stores in the West Bengal region, serving almost 450,000 registered customers.

As per the latest report, the company has now raised USD 5 million from Japan’s Rohto Pharmaceutical. According to a trends report prepared by the India Brand Equity Foundation, India’s healthcare market is USD 100 billion strong and could reach USD 280 billion by 2020.

With the funds, Sasta Sundar aims to open up 250 Healthbuddy stores in West Bengal and expand to New Delhi with at least 50 more stores.

India’s tech based real estate startup Zipgrip raises pre-Series A funding

Photo from Pixabay
Photo from Pixabay

Zipgrip 

Founded by: Kunal Gupta and Jaydip Popat

Founded in: 2013

Zipgrid is a tech based real estate startup that helps housing societies and gated communities with management and organization. It provides software for finance, billing, maintenance of registers and so on. Currently active in Mumbai and Ahmedabad, the company claims to have served 120 communities and 8,000 households in its three years of operations.

Zipgrip has now raised USD 500,000 in pre-Series A funding from India’s JLL and 1Crowd, as per a report. According to JLL India, more than 35 million households live in top 50 city clusters. For them, that represents a market opportunity of over USD 2 billion.

With the funds, the startup aims upgrade its existing technology and operations.

(Top photo from Pixabay)

Troubled online India retail giant Snapdeal raises emergency funds, & more

by Garima Garg

Snapdeal raises emergency funding of USD 17.5 million to stay afloat

Snapdeal

Founded by: Kunal Bahl and Rohit Bansal

Founded in: 2010

New Delhi based Snapdeal is a popular online retail platform in India. Since 2010, the platform has been able to make its mark in a space dominated by Amazon and India’s Flipkart. Started as a daily discounts platform, Snapdeal has since become a full-fledged online retail space.

Of late, however, the company has run into trouble. In the past year, its valuation has come down from USD 6.5 billion to USD 1 billion. Three months back, Snapdeal’s largest investor Softbank initiated the process to sell the troubled e-commerce giant to rival Flipkart. However, as per the latest report, the company is still making last ditch attempts to stay afloat with the founders and Venture Partners putting in a total of USD 17.5 million.

While the confusion over merger persists, the emergency funding means the company will continue to fight on to retain its space in India’s booming online retail industry.

India’s logistics tech startup Loadshare for SMEs raises funding

Photo from Pixabay
Photo from Pixabay

Loadshare

Founded by: Raghuram Talluri, Tanmoy Karmakar and Rakib Ahmed

Founded in: 2017

Based in Bengaluru, Loadshare is a logistics tech startup for small and medium enterprises in India. The platform offers tech-based solutions to tackle logistics like operational know-know, customer access, and helps its clients with business development as well. Currently, the platform covers more than 2,000 pin codes across India.

Co-founders Karmakar and Ahmed have previous experience in the logistics industry, while Talluri has worked at Flipkart’s Myntra, McKinsey and Accenture in the past.

As per documents filed with the government, Loadshare has so far raised more than USD 800,000. Now, India’s Matrix Partners has raised an undisclosed amount in the logistics startup in its first round of institutional funding, according to a VCCircle report.

With the funds, the startup will expand its team as well as continue to work on its tech platform for logistics for SMEs.

(Top photo from Pixabay)

India’s food delivery app Swiggy raises USD 80 M funding from Naspers, & more

by Garima Garg

Local food delivery app Swiggy raises USD 80 M for Series E

Swiggy

Founded by: Rahul Jaimini, Sriharsha Majety and Nandan Reddy

Founded in: 2014

Valued at USD 400 million currently, India’s Swiggy is an up-and-coming local food delivery app. The app connects users with eateries and restaurants in their localities, and the delivery of the orders is processed by Swiggy’s own network. The app is currently functional in eight Indian cities and has reportedly partnered with 12,000 restaurants so far.

As per latest report, the foodtech platform has raised USD 155.5 million in total. South Africa’s Internet media conglomerate, Naspers, led the latest round of Series E funding, adding USD 80 million to Swiggy. Existing investors include Accel India and SAIF Partners among others.

With the latest funding, the startup will work on enhancing customer experience. It also plans to double its tech team strength as well as increase investments in core areas like engineering, personalization, and so on.

Daily consumables delivery app Supr Daily attracts investors from Silicon Valley

Photo from Pixabay
Photo from Pixabay

Supr Daily 

Founded by: Puneet Kumar and Shreyas Nagdawane

Founded in: 2015

Mumbai-based Supr Daily is a subscription based micro delivery app. It delivers daily consumables like milk, bread and eggs to its users every morning. The founders claim to have served more than 1 million Mumbai residents, on the back of its 50-member delivery fleet. The company also claims to have brought down the delivery costs from a standard of INR 50 (USD 0.77) to INR 1-3, as per a report.  

Supr Daily has previously been part of Y Combinator’s mentorship programme’s 2017 batch. Maybe that is why Supr Daily has also attracted the attention of their Silicon Valley investors such as Y Combinator partner Jared Friedman. In its latest round of funding, it raised USD 1.5 million.

With the latest funding, the startup will increase its delivery fleet. Currently active in 15 neighborhoods in Mumbai, it plans to expand to at least 100 neighborhoods.

(Top photo from Pixabay)

India’s AI based multilingual chatbot Vernacular.ai raises undisclosed amount, & more

by Garima Garg

AI based multilingual chabot Vernacular.ai raises undisclosed financing

Vernacular.ai

Founder(s): Sourabh Gupta, Akshay Deshraj and Manoj Sarda

Founded In: 2016

Set up by three IIT-Roorkee graduates, Vernacular.ai is a chatbot that aims to solve India’s linguistic barrier problem for business owners. Apart from English, most people are fluent in their native regional languages only which can prove to be a significant barrier in inter-state or inter-region communication.

The artificial intelligence based chatbot uses the natural language processing (NLP) technology in Indian languages. This allows companies to communicate with customers in their preferred language. The startup has also launched a B2C product called Aisha, which is a personal assistant in Hindi.

As per report, the Bengaluru-based Vernacular.ai has received an undisclosed amount from Kalaari Capital’s seed funding program, KStart Capital. With the fund, the platform aims to expand its services in India.

Hyperlocal food discovery app MagicPin raises USD 6.6 M

Photo from Pixabay
Photo from Pixabay

MagicPin

Founder(s): Brij Bhushan and Anshoo Sharma

Founded In: 2015

The Gurgaon-based MagicPin is a hyperlocal discovery platform that is a social network for food buyers and sellers. It allows users to discover restaurants and interact with sellers or merchants in their local region. The app also provides information about promotional offers, discounts and loyalty programmes.

The app functions in a unique way to give customers their reward points. A user is supposed to take a selfie at the eating joint and upload the bill along with it. Only then will the user earn reward points that can be redeemed at other affiliated eating joints. The app is currently live in Delhi NCR, Bengaluru and Mumbai.

In its Series B funding round, MagicPin has raised USD 6.6 M from existing investor, Lightspeed Venture Partners, as well as Vy Capital as per report. With the fund, the app will build on its services and expand to more cities.

(Top photo from Pixabay)

Chinese investor Fosun eyes India’s e-commerce platform Delhivery, & more

by Garima Garg

India’s Delhivery raises funding from China’s Fosun International

Delhivery

Founder: Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati

Founded In: 2011

Financing status: Continuation of equity financing raised USD 30 million from China’s Fosun

The Gurgaon-based Delhivery is an e-commerce logistics service provider. Set up in 2011, from delivering 500 products a day in two cities, it is now delivering 320,000 products everyday in 800 cities across India.

In the latest round of funding, it has raised USD 30 million from China’s Fosun International. Fosun has also invested in travel startups like MakeMyTrip and Ixigo in India. Other Delhivery investors include Carlyle and Tiger Global. This round of funding is an extension of equity financing round of USD 100 million led by Carlyle Group in March this year. The logistics platform has also received Series D funding from Tiger Global in 2015.

With the latest chunk of funds, it hopes to build on its 15,000 strong team and expand to more cities in India.

Shekhar Gupta’s The Print raises funding from Ratan Tata, Nandan Nilekani and others

Photo from Pixabay
Photo from Pixabay

The Print

Founder: Shekhar Gupta

Founded In: 2016

Financing status: Raised an undisclosed amount from business magnates like Ratan Tata and Nandan Nilekani

Delhi-based The Print has raised an unknown amount from the who’s who of India’s angel investor scene. Backed by veteran journalist Shekhar Gupta, it is yet another addition to the increasingly popular digital media in India.

The investors are reported to hold at least 20 percent stake in the company. While no formal announcements have been made by Gupta and the site hasn’t been launched either, the company has managed to raise funding from the giants of Indian business and IT industry like Ratan Tata, Nandan Nilekani and Uday Kotak.

With the money raised, The Print plans to launch its website by July this year in Delhi. It plans to hire 50 people in its initial round of hirings. In entering the digital media market, it will compete with other popular portals like Scroll.in, The Ken, YourStory in addition to the digital media arms of traditional media houses like Times Of India and Hindustan Times.  

(Top photo from Pixabay)

Tech Junction: Global Thought Leader Forum Review

Going to an event is an investment but also time-consuming. You want to make sure it is worth your time. Which is why, Tech Junction is here to help. We’re launching a new column where our writers share their insights on the events they attend to give you a glimpse of the event. We rate the events; you decide whether you want to go or not next time it happens.

Our first event covered in this new column is Global Mobile Internet Conference (GMIC) in Beijing 2017. GMIC is a global tech conference network, and its Beijing chapter is the largest in scale. Its locations include San Francisco, Hong Kong and Bangalore among others. This year, the conference welcomed 40,000 innovators from 60 countries. The theme was artificial intelligence.

Where: China National Convention Center (Beijing)
When: April 27 to May 1

Photo from GMIC
Photo from GMIC

Global Thought Leader Forum

This forum was one of a few sessions that GMIC held. It aimed to bring new ideas and thoughts on AI, space exploration, robotics, biotech and other hot trends from top entrepreneurs, scientists and investors.

Venue: ★★★★
The forum took place at a huge plenary hall at China National Convention Center that could accommodate thousands of participants. Live-streaming service was provided online and broadcasted through two large LED displays on the sides of the stage.

Speaker: ★★★★
The forum invited many influential thought leaders in the AI world, including Stephen Hawking (physicist at University of Cambridge) who delivered his speech through a pre-recorded video interview. Other speakers include Kai-Fu Lee (chairman & CEO of Sinovation Ventures), Ya-Qin Zhang (President of Baidu), etc.

Audience interaction: 
As this was a forum gathering of thousands of participants, it involved little audience engagement and interaction.

Overall: ★★★★
At an event like this, it is the cohort of speakers that matter. AllChinaTech reported live from the forum on the speeches given by Stephen Hawking, Kai-Fu Lee and Ya-Qin Zhang.

Read also:
Hawking expresses concerns on AI, saying “such powerful systems would threaten humanity”
Kai-Fu Lee suggests “scientists and entrepreneurs are essentially different”
Baidu President Yaqin Zhang: We aims to build an operating system in the AI era

Tech Junction: Get ready to start a startup with tech gurus

Our handpicked events for the week of April 17 to 23 include opportunities to meet some of China’s top VCs, mingling with female professionals, and learning how to start a startup with a tech guru.

Tuesday, Apr 18

Entrepreneur CEO Breakfast – Maintaining High Standards and Systems in Operations (English)

During this workshop, SME founders and CEOs have a unique opportunity to learn about business operations which will help them maintain quality and consistency of services and products, regardless of whether they lead a large corporation or a SMEs. The event, organized by AmCham, will invite Richard Saul, Managing Director of JW Marriott and Ritz Carlton Hotel Beijing to share best practices. More information here.

  • When: 8 – 9:30 AM
  • Where: JW Marriott Hotel, No. 83 Jianguo Rd., China Central Place, Chaoyang District, Beijing
  • Ticket: RMB 60/70/100

 

Thursday, Apr 20

Startup grind: SaaS Startup Sharing Session – Key Factors for Success (Chinese)

With enterprise-grade application capital market becoming a big trend, more and more SaaS entrepreneurs are facing unprecedented opportunities and challenges. Learn how to develop a team and a product as a SaaS company from Dafei Sun, co-founder of Triniti Capital. Mr. Sun has worked for top private equity funds, and international investment and policy banks. The partner of this event is Google for Entrepreneurs. More information here.

  • When: 7 – 9:30 PM
  • Where: Guanghualu SOHO, 3Q, Reporting Hall,No. 22 Guanghua Rd., Chaoyang District, Beijing
  • Ticket: RMB 100

 

Thursday, Apr 20

Sina Startup Lessons: “How to start a startup?” by Wang Xiao (Chinese)

How do you start a business? Sina Startup believes that a thousand entrepreneurs will have a thousand answers to that questions. To help you find your own answer, Sina has invited venture capitalist and founder of Unity Ventures Wang Xiao to discuss entrepreneurship and its methodology. More information here.

  • When: 2 – 4:30 PM
  • Where: Heima Building, 2nd Floor, Zhongguancun Innovation St., Haidian District, Beijing
  • Ticket: Free

 

Friday, Apr 21 – Saturday, Apr 22

2017 DEMO China Spring Summit (Chinese)

DEMO China showcases state of the art innovation for products and services, business models and platforms in China. The event will feature 100 standard booths, 80+ exhibitors, 1,000+ investment institutions, and 20,000+ guests. The two-day innovation extravaganza organized by Cyzone.com will focus on artificial intelligence, entrepreneurship, robotics, mobile, AR/VR, deep tech, SaaS, and many more. DEMO China entered China in 2006, and since then it has been bringing together entrepreneurs and financial institutions. Find out more about this big event here.

  • When: 9:30 AM – 6 PM
  • Where: China National Convention Center, No.7 Tianchen East Road, Chaoyang District, Beijing
  • Ticket: RMB 0/388/888/1,980/3,000

 

Sunday, Apr 23

2017 World Wide Web Consortium (W3C) Open Day (Chinese/English)

What are the newest trends in standardizing website building, web design and development? The W3C is inviting everyone to join in a casual networking event which will feature opinion sharing and discussions on China’s web standard. The Open Day will gather representatives from global and local web related industries, government agencies, standardization bodies, and research institutes. The W3C is an international conference dedicated to developing web standards, and is hosted annually in major cities around the world. More information here.

  • When: 9:30 AM – 12 PM
  • Where: China National Convention Center, No.7 Tianchen East Road, Chaoyang District, Beijing
  • Ticket: Free

 

Bonus Event

Tuesday, Apr 18

Beijing Women’s Network Monthly Spotlight Dinner (English)

Ready for some women-led networking, business sharing, and personal experiences? The main guest of the evening will be Jackie You, founder of i.e.Capital, a startup helping CEOs and CFOs in financial management. This past year, i.e.Capital was a key organizer that brought MaiTai Global’s Extreme Tech Competition (XTC) to China. This enabled 10 select founders to pitch to China’s top VCs, and later to establish connections with seasoned international entrepreneurs. More information here.

  • When: 7:30 – 10:00 PM
  • Where: Nooxo, Beijing VIP Room, F2, The Crib, No. 1, Gongti North St., Chaoyang District, Beijing
  • Ticket: Free

 

What is Tech Junction?

A meetup group in Beijing with a stated goal of exchanging ideas in short, sharp dialogues among startups, tech and media professionals, in order to shed light on the tech scene in China. Our goal is to establish a tech community to connect with thinkers and dealmakers around the world.

Join our Meetup.com group and view this and other events by following this link.

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