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Terence Lee · · 4 min read

8 startups you should know about from Singapore accelerator JFDI’s latest batch

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Vault Dragon’s Tse Tseng Ching pitches.

Singapore’s only TechStars-style accelerator Joyful Frog Digital Incubator (JFDI) unleashed its latest batch of eight startups today at its demo day, consisting of a mix of healthcare, enterprise, and mobile services.

Unlike Y Combinator, the TechStars model focuses on smaller batch sizes, puts startups in a shared space, provides constant access to mentors, and doles out less funding.

This batch of startups, the second for JFDI this year, went through a 100-day bootcamp and each received S$15,000 ($11,700) in cash support from the accelerator. They were selected from a field of 321 applicants. Two startups did not pitch at the event: Lifebox JSC and Visual-Marks.

Here’s a rundown of the eight that presented to a roomful of investors:

enMarkit

EnMarket is a marketing platform that identifies influential customers, their life-time values and interests, and allows merchants to personalize web content to increase conversion rates, bring down cart abandonment, and lift revenues. It will operate on a freemium model.

Traction: Eight e-commerce businesses in India and Singapore have agreed to beta test the product.
Seeking: $600,000
Founders: Vipin Agarwal (CEO), and Ekta Mittal (CTO).


Molome

Molome wants to do to photos what emoji did to text messages. It is a brand-linked user engagement tool based on photo sharing. The app is available on iOS, Android, and Blackberry. Most of its users come from the latter two platforms. It monetizes via in-app purchases, brand marketing using premium items, and promotion of user-generated content.

Traction: 100,000 monthly active users and 1,400,000 registered users. Biggest markets are in Brazil, Thailand, and Indonesia. Revenue of $70,000 so far since launching 2.5 years ago.
Seeking: $700,000
Founders: Chaiyos Arthur (CEO), Sittiphol Phanvilai (CTO), and JC Xu.


Healint

This Singapore-based startup strives to turn behavior analytics into health insights for users and their families to enable proactive action. It has released JustShakeIt, an emergency alert app on Android for users at risk of having a stroke that sends out alerts to caregivers. It has received $100,000 from angel investors. Starting from Singapore clinics, it will charge patients $5 per patient per month, prescribed through doctors.

Traction: 1,500 active users on Android app since November, seven signed letters of interest from neurologists and neurosurgeons.
Seeking: $1 million
Founders: Francois Cadiou (CEO), Veronica Chew (CMO), and Edouard Amouroux (lead researcher).


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Vault Dragon

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Terence Lee

I like analyzing and digging into the real goings-on in the tech industry. Holds these crypto: BTC, Eth, Matic