Only 11 out of 23 startups that battled in the bootcamp of muru-D's competition in Singapore last weekend will proceed to the second round.
The second round of muru-D's competition will kick off next month.
The startups will compete to be part of muru-D's accelerator programme, which provides each startup with S$40,000 seed capital, and their founders with access to six months of business support, a collaborative workspace in Singapore, and introductions to mentors, coaches and investors.
"The achievements of our inaugural class of startups were outstanding, with the majority of teams securing funding well before Demo Night. As the applications started rolling in for this next cohort, we were blown away by the quality of the ideas, passion and world class entrepreneurial talent wanting to be a part of muru-D's programme in Singapore," said Annie Parker, Co-Founder of muru-D, in a press release.
"The 23 teams which came through our doors for the weekend's boot camp and final judging round truly exceeded expectations. I was particularly pleased to see that well over 40 percent of the teams at boot camp had female founders. We are excited about what's coming out of the region, and hope this encourages more budding entrepreneurs, investors and organisations to contribute and get involved to help our fantastic startups," Parker added.
The 11 startups which came from different parts of Asia include business-to-business (B2B) and business-to-consumer (B2C) ventures focusing on various areas like artificial intelligence for mobile app development, solutions for logistics, fitness, and microfinancing.
Here's the complete list:
1. Amtiss (Indonesia): A cloud-based asset management solutions that helps businesses minimise an asset's operating expenses and maximise its lifetime through predictive maintenance.
2. Temahan Usaha (Indonesia): A micro-financing application which connect lenders in the country with loan applicants.
3. Zelos (Indonesia): A recruitment platform which helps fresh graduates and students connect to brand through a match-making algorithm, social analytics, and assessment test.
4. FreightKart (Singapore): A comparator and aggregator portal for end-to-end logistic solutions which integrates Enterprise Resource Planning (ERP) solutions with RESTful API to enable instant freight shipping quotes.
5. Winimy (Singapore) which owns "SeeChat", a mobile Customer Relationship Management (CRM) solution that enables consumers to interact with businesses over messaging without the need to know the mobile number.
6. MoreMate (Thailand): A social network and dating mobile application.
7. PlanforFit (Thailand): An online fitness tool which allows people to get customised eating and exercise programmes from trainers.
8. CheckIt (Vietnam): A mobile app which helps users gain 80 percent of the insight of an educational book in 20 minutes.
9. Haftarent (Malaysia): An online service which matches qualified tenants to vacant real estate.
10. YBIT Solutions (Philippines): A modular ERP solution.
11. Kitset.io (New Zealand), which uses artificial intelligence to help novices build cross-platform mobile applications.
Sign up for CIO Asia eNewsletters.