When one thinks booming startup ecosystems, Silicon Valley, Israel, and China are usually the first to come to mind, but India has had a stellar 2015, with an increase of seed funding from $15 million in 2014 to an expected $100 million in 2015. Keen to keep its finger on the pulse, tech and startup publication Tech in Asia has announced that it is expanding its physical presence into India, setting up an office in Bangalore.
Tech in Asia, an online news site covering startup and tech news across Asia, has announced that it has raised $4 million in funding.
Last week startup and technology publication TechinAsia revealed the latest in a series of changes to the site that has transformed it from being a publication and events company to a media technology platform.
We decided to introduce ourselves and tell the investor about our company. Once we said we were focused on the global Muslim market his face changed. He began to look around, and we could tell he was uncomfortable. [Source:TechinAsia]
When it comes to startups and entrepreneurship, most of the narrative in the past years have been focused on Silicon Valley. 2014 is the year where Southeast Asia proved itself to be a worthy challenger to the lead role, and people are beginning to take notice. [Source: TechinAsia]
There are currently over 7 billion humans on earth, and over half of that population sit directly above Australia on the map. Asia is full of opportunities for expanding Australian startups, so why is it that we head straight to the US market to grow and scale our ventures instead of looking in our own region first?