Internet, News, Startups

JFDI, a Singapore based accelerator announces 10 finalists for its new batch

JFDIThe Singapore based accelerator JFDI, which recently opened up applications for its new August batch, has announced the 10 finalists. This will be the third batch wherein accelerator has received more than 300 applications for the 12 places available in the 100 day program.

The 30 founders in the final batch represent countries such as India, Taiwan, France, the U.S., Thailand, Canada, Philippines along with Singapore. Those who are able to complete the program, will present to over 100 early-stage investors at JFDI.Asia’s next Demo Day.

As reported earlier, the selected startups (from across Asia) will move to Singapore where the incubation program will take place from August 22 to November 31, under which the teams will get mentorship and other support in developing their product. Also, each selected company will receive $11,700 as seed money for a minority equity stake.

The startups in the latest batch includes:

enMarkit: It is a Gurgaon (India) based digital marketing cum direct sales solution provider that helps individuals and businesses in selling products and services across different online and mobile destinations.

Healint: A Singapore based startup, Healint aims at bridging technology and healthcare and offers a stroke alert system which can be activated just by shaking the phone.

Lifebox JSC: Compatible with both iOS and Android, this mobile app allows real time collaboration of field reports and make decisions instantly.

MOLOME: It makes use of photo-sharing to help increase user engagement for brands. It is currently available for all devices supporting iOS, Android along with Nokia and Blackberry.

Skimbl: A reputation management system, it helps in monitoring client feedbacks and analyze competitors for multi-venue food and hospitality businesses.

Qwikwire: A payment service which provides marketplaces, tools to go global.

TapTalents: It makes tools that enable enterprises to develop data analytics-driven mobile business apps for field-based knowledge workers.

Vault Dragon: The startup promotes itself as the “Dropbox for your physical stuff” and offers secure, on-demand storage that can be managed through Web and mobile apps supporting both iOS and android.

Visual-Marks: A visual storytelling platform that provides an immersive writing, styling and reading experience.

ZhenXin: It  provides a comprehensive suite of healthcare products designed for caregivers and families with an aim to improve consumer healthcare outcomes, once they leave the hospital or clinic.

As claimed by JFDI.Asia, by the end of 2013, It will have accelerated around 30 startups, of which more than 60% typically secure follow-on funding averaging S$600,000. To date JFDI.Asia startups have closed funding offers over S$4million.

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