MOX

An Orbit Startups ecosystem helping mobile startups acquire new users through its network of strateg Startups can apply at www.orbitstartups.com

MOX enables best of breed apps, platforms and services from around the world to reach hundreds of millions of users. MOX helps its ecosystem of startups to acquire new users with a customer acquisition cost of zero through its network of strategic partners including corporates, small businesses and creators. We aim to bring best in breed mobile apps to the next 4 billion smartphone users across em

erging and frontier markets in East Asia, South East Asia, South Asia, MENAP, and the Americas. MOX is part or Orbit Startups a lifetime program for cross-border internet startups where we help with growth, business development, sales and fund-raising and US$150k initial investment with millions available in follow on funding through our VC fund SOSV with US$1.3bn in assets under management. Notable members of the ecosystem include video publisher network Flickstree, which powers video platforms for Samsung and Xiaomi; AI English pronunciation assistant ELSA, the first investment in Asia by Google's Gradient Ventures; and health tech company Phable, India's largest connected care ecosystem.

28/07/2023

Looking forward to connecting for Orbit Startups mixer Taipei next week Wednesday August 2 come meet up with our portfolio companies, mentors and partners see you there! Sign up in comments

16/07/2022

Why is SaaS (Software-as-a-Service) so popular in Asia? Which countries take the Top 3 markets of it?

SOSV-backed SupplyNote, founded by Nitin Prakash, Abhishek Verma, Kumar Kushang, and Harsh*t Mittal in 2015, is a SaaS-empowered e-commerce platform based in India. It provides a cloud-based web and mobile-enabled suite connecting outlets, service providers and suppliers for hotels, restaurants and cafes, and helps them to increase their profit margin, saves time on labor, and digitizes their procurement processes. According to the company, it has reduced the cost of operations for its clients by over 40%, and restaurants have experienced a surge in their profits after adopting the solution by SupplyNote.

The Indian SaaS market was valued at $3.5 billion in 2020, according to the Claight Corporation (Expert Market Research), and is expected to reach $15 billion by 2026. SaaS adoption across industries has increased due to added benefits such as time efficiency and cost-effectiveness, and an increasing number of startups have entered the market to leverage technology and disrupt the supply-chain management by offering end-to-end innovative solutions.

Read more on YourStory Media at: https://buff.ly/3cgw29Z

16/07/2022

SM², our new world-class Seed Accelerator exclusively for high-potential startups in Bangladesh, was successfully held in Dhaka last week!

Three startups —— Ostad , a learning platform that focuses on skill development through live courses; LOOX, a live-streaming fashion and lifestyle e-commerce marketplace; and Bonton Connect, a WiFi sharing platform —— joined the batch and showcased their visions of the future of Bangladesh and how they can each help contribute to the society.

William Bao Bean, General Partner at SOSV and Managing Director of SOSV MOX and Chinaccelerator 中国加速, said that Bangladesh's ecosystem is on the verge of an inflection point: the young population, easy access to smartphones, and the hunger for success are unprecedented.

"As an investor, we're committed to backing smart founders no matter where they come from, the founders who are solving the world's most pressing challenges, right here in Bangladesh. Having invested in Asia for twenty years, we're excited to bring our partner network of over 240 corporations to Bangladesh and help them benefit from the innovations coming out of this exciting ecosystem," said William.

Big applause to Abdullah Al Musabbir, Nasir Chowdhury and Samiha Tahsin for giving their innovative pitches and sharing the cutting-edge ideas!

If you're a startup in the region, why not join us?

Follow our Linkedin to get the most frontier outlook of emerging markets, as well as the best ideas and insights from all the great-minds!

15/07/2022

Can video clips be edited real-time? The answer is, yes! An SOSV-backed startup is doing just that.

VideoVerse, a Mumbai-based video tech company that uses computer vision and AI to generate key moments and short clips for broadcasters, sport teams, e-gaming platforms and other enterprises, is encapsulating an ecosystem of smart video editing for all enterprise and individual content creators. It's product, Magnifi, an AI-powered video editing SaaS platform, is saving enormous time for video editors who would otherwise spend hours looking for engaging and relevant footages.

"AI plays an important role because now [enterprises] can identify all these exciting moment [with the product and] create key moments automatically," CEO Vinayak Shrivastav said, "Analyzing live events is a challenging task because what might be exciting today might not be exciting tomorrow, so it becomes very important to identify key moments and understand them across multiple contexts."

Another positive aspect of AI for video editing is that it can fill the gap between the demand of millions of people that can do digital video editing, and the shortage of human labor.

Read more at TechTarget at: https://buff.ly/3uRAwtT

Picture source: Next Big Brand

12/07/2022

Big congrats to Robert Abbanat, CEO of GloCoach, on being recognized by CIO Views Magazine as one of the Top 10 Influential People in Leadership Consulting!

GloCoach is an SOSV and Chinaccelerator 中国加速-backed SaaS company, whose cloud-based platform connects corporate coachees with the right coach and delivers custom-tailored coaching journeys. Since 2018, GloCoach has helped many Fortune 500 companies as well as small and medium-sized enterprises to accelerate their performance through talent development in more than 45 cities across China, as well as Southeast Asia, Europe, North America and Africa.

As CEO, Robert believes that, "Anyone who has never made a mistake has never tried anything new." He lives by these words which inspired the core philosophy at GloCoach: "Growth only happens when we are pushed out of our comfort zone."

Read more at CIO Views Magazine at: https://buff.ly/3NTIZn3

We are very happy to share this news together and witness how you implement the mission to help CEOs, senior management teams and young emerging leaders improve their competencies and deliver superior results through your company, Robert. Keep the great work!

08/07/2022

Huge congrats to Octopus Indonesia on raising an oversubscribed round of $5 million led by SOSV and Openspace Ventures!

According to The World Bank, Indonesia produces 4.8 million tons of plastic waste each year that ends up uncollected, chucked into dumpsites or leaked from improperly managed landfills.

Concerning the problem, Moehammad Ichsan, Hamish Daud, Niko Adi Nugroho, Rizki Mardian and Dimas Ario Rubianto, who have known each other for over a decade, founded Octopus Indonesia to provide a reverse-logistic platform that makes it easier to collect back waste products from consumers and recycle it into raw materials that brands can reuse.

The company currently has 150,000 monthly active users and more than 60,000 waste collectors on its platform, and operates five sorting facilities and 1,700 checkpoints in Jakarta, Bandung, Bali, and Makassar, handling 380 tons of waste every month. According to it, the Indonesian government will have spent $5.1 billion on creating a circular economy for more brands as of 2025, and Octopus will become the first platform to offer an end-to-end recyclable waste management logistics platform.

Read more on TechCrunch at: https://buff.ly/3aiT6Er

We're so happy to witness this success, Octopus!

Chinaccelerator 中国加速 SOSV MOX William Bao Bean Oscar Ramos

04/07/2022

Big congrats to SOSV SOSV MOX-backed 24SEVEN 🚀 on closing a $6 million pre-Series A, led by SOSV and joined by Betatron Venture Group, Newlin VC, Verity Capital, Argo’s Quest, angel investors Babs Ogundeyi, Murtaza Ahmed, and several notable Pakistani and international family offices!

The company was founded by Jarrar Shah, Maha Khalid and Kashif Mukhtar, and started out as a direct-to-consumer store previously named https://buff.ly/3R6aNYi. It developed its B2B2C model during the Covid-19 lockdowns, serving Pakistan’s 2 million mom-and-pop shops, and rebranded itself as 24SEVEN in early 2021.

According to Tech in Asia, 24SEVEN’s store-specific data currently helps simplify the ordering process for up to 80% of a shop’s inventory. Shop owners also benefit from lower costs and can better manage their cash flow with financing.

Commenting on the investment, William Bao Bean, General Partner at SOSV, said, “Mom-and-pop stores are the building block of communities across Pakistan, and 24SEVEN is enabling them to sell not only physical but also digital goods.”

Read more on Pakistan Today at: https://buff.ly/3R9ZKgA

We're so thrilled to see your achievement and be part of your journey to success. Continue the great work 24SEVEN 🚀 Jarrar Shah Maha Khalid Kashif Mukhtar!

02/07/2022

Can vernacular edtech become mainstream?

SOSV-backed Vidyakul, an interactive e-learning platform which enables teachers to create online courses and students to access quality education, recently got featured on Forbes for the topic. Founder and CEO Tarun Saini shared his experience when he was an 11th grader from non-Hindi Pounti, that he had to travel about 30 km, an hour-and-a-half by bus every day to get to school because the Hindi-medium government school at his village didn't provide any science subjects he wanted.

“One of my classmates scored 93% in her 10th grade. Her parents didn’t allow her to take up science because of the distance and financial struggles,” recalls Saini.

Realizing the gap the Indian education market continued to face in providing quality education in regional languages, in 2019, Saini, along with co-founder Raman Kumar, launched Vidyakul. It's a marketplace where anyone can upload their content.

"We realized that if you’re into academics, you need to take responsibility and provide students with end-to-end solutions."

Read more about how Vidyakul can help make a bright future for 9th to 12th graders in India's non-Hindi regions at: https://buff.ly/3yyLqHd

Keep continuing the great work, Vidyakul!

02/07/2022

SOSV-backed Lipa Later Group (MOX12) has partnered with Telkom, the South African wireline and wireless telecommunications provider that operates in more than 38 countries in the African continent, to enable Kenyans to access smartphones through credit!

The agreement seeks to increase smartphone pe*******on in Kenya to boost users' incomes through the digital economy.

“We are delighted to kick start this partnership with Telkom that will enable both our customers to get and stay connected by acquiring mobile and data devices affordably," Lipa Later CEO Eric Muli said. According to him, consumers now will be able to get mobile gadgets on credits at Telkom stores in less than five minutes after signing up onto the platform with up to 12 monthly installments.

Read more on Business Daily Africa at: https://buff.ly/3I3K3Du

We're very excited to see you succeed and huge congratulations, Lipa Later Group and Eric Muli!

01/07/2022

Long time no see, India!

63 attendees - including 33 startup portfolio founders - have joined us for our offline Happy Hour events in Bangalore and New Delhi this month.

Really great to see all the friends who came and shared innovative ideas, new insights of respective businesses, and reconnected with our founders, mentors, and partners in the region!

If you're a startup in India, why not join us? Apply to our programs at https://buff.ly/3nqRY4v and get the best ideas and insights from all the great-minds!

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