VC

Meet the Southeast Asian startups part of Iterative's sixth cohort

March 7, 2023
Source: Iterative

Say hey to Iterative! They're a 12-week YC-style startup accelerator for SEA, and they've just announced the 18 startups part of their latest W23 batch — their sixth cohort.

Get a quick overview of all the SEA startups in the cohort below!

  • Top of the top. They were selected from 750+ applications (that's a 70% increase from their last batch, FYI).
  • They do this twice a year for two batches! They invest between $150k–$500k for around 10% stake in each company.

🇮🇩 Indonesia

🛒 Blink. They power one-click checkouts for Indonesia's e-commerce scene. Customers can access one-click payments across all Blink partners with just one account.

  •  Founded in March 2022, they've processed $150k in transaction volume and work with 17 payment providers.

🏥 CareNow. They make healthcare more affordable and accessible for Indonesians through pay-later financing.

  • Get the treatment you need now, not later.

🍳 Eten Tech. They're a supply chain platform for Indonesia's F&B industry, helping F&B outlets lower costs and increase sales. 

Record inventory faster and more accurately, know when to repurchase items, stay on top of expiry dates and reduce waste.

  • Most F&B players still use Excel to manage inventory, and up to 20% of margins are lost because of items out of stock or expired products.

🇹🇭 Thailand

🌏 Issa. They automate the legal process for anyone to immigrate and find work, starting with the hospitality industry. They'll help you get identification, a visa, and a work permit, and even train you and connect you with work you'll love so you can change your life.

  • At the same time, it acts as an automated hiring and compliance platform for local businesses to bring in new, international talent — saving up to 95% of the usual time.

🇸🇬 Singapore

💰 Boost Capital. They help financial service providers quickly offer fully digital microfinance products like loans under their own brand! They make it super easy and accessible — so customers can apply conveniently.

  • Ultra easy and accessible. Forget downloading an app! Apply over chat (Messenger, Telegram or Whatsapp), get on a video call, then send over and sign documents. That's it!
  • They do the work for you. They help their partners go digital fast, automate the underwriting and more.

🧸 BuildBear. They're a platform that allows blockchain developers to easily test dApps (decentralized apps) at scale, so you can ship great web3 products faster

  • It's private, customizable, convenient, faster, easy to collaborate within and even allows you to mint as many native tokens as you want. 
  • While software testing tools exist for regular apps, there are only a few for web3 dApps — most developers still use open-source or self-built solutions.

👷🏻‍♀️ Civils.ai. They help civil and geotechnical engineers access and organize the data they need — so they can analyze, design and build projects better and faster.

They're starting with a digitizer that extracts and digitizes PDF files from site investigations. After, you can create 2D and 3D data models and download the data in Excel and AGS formats.

  • They also convert public data into AGS files, so engineers like you can easily access and use these records without any manual work!

🐼 Scarlett Panda. They let you customize stories for your kid in just seconds! It even customizes the story to your kid's age so that they can let your kid learn new words and develop their imagination.

  • Just answer a few questions, and you can customize the character, the setting and even the lesson you want to teach through the story.

🇲🇲 Myanmar

💸 Amay. Also known as Mother Finance, they're a digital lending platform that offers quick loans to people through their mobile app.

  • There's zero payment or collateral! And after more repayments, you can get lower interest and higher loans. 

🩺 Z-waka. They're a platform that offers localized educational content and a professional network for doctors in developing countries in Southeast Asia.

  • They have a continuing education feature in-app that allows doctors to read scientific journals, get clinical guideline updates and more.
  • Connect with other doctors, access continuing medical education materials, and share medical cases.

🇻🇳 Vietnam

👗 Inflow. They're a supply chain and manufacturing platform for fashion, offering small and medium D2C brands the same supply chain and manufacturing advantage megabrands like Zara have.

  • Do it all. Source, manufacture, manage suppliers and ship — fast and all in one platform.
  • They also make sure your supply chains and products are ethical, sustainable and high-quality.

💄 Sellde. They make it easy for small online and offline retailers in Vietnam to source inventory, starting with the beauty industry. Instead of manually sourcing through different providers through chat or email, do it all (and more) on Sellde!

  • Access authentic and curated products at lower costs, including global brands like Bioderma, Kiehl's, MAC, COSRX and more.
  • Buy in bulk and easily book shipments to yourself or your buyers. Low on cash? You can also sell without paying upfront and get 50% in commission.

🇲🇾 Malaysia

👨🏽‍💻 Supa. Their platform quickly and effectively labels data through their distributed workforce.

  • The lack of high-quality data keeps AI companies from generating good-quality algorithms.
  • They offer customized solutions, speed and consistent quality with complete visibility and control.

Apart from these startups, Iterative also has startups from India, Bangladesh and Pakistan in this batch and a fintech startup in stealth!

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
You're now subscribed to BackScoop. See you in your inbox!
Oops! Something went wrong while submitting the form.

Know Southeast Asian tech in minutes.

The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.