Y Combinator

MAY 6, 2020

Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. Only one month after launching their first party application in January 2016 (transactions prior to this happened via WeChat), Pinduoduo already had over 10 million customers. But the models are actually very different.

accelerator 137

accelerator networking enablement opportunity 137

AsiaTechDaily

OCTOBER 15, 2022

In a statement, the startup said it the fresh capital will enable it to continue building out a leadership team and to invest in product and technology development. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

incumbents 59

incumbents startup finance financing 59

AsiaTechDaily

MAY 25, 2022

Neso Brands is a Singapore-based global eyewear company founded in 2022 to enable the most promising direct-to-consumer (DTC) brands across the world to become brands of the future. Eyewear has to date been a very traditional industry with large incumbents, but is now ripe for a tech-enabled global transformation.

investing 52

investing investment incumbents consulting 52

TechCrunch

NOVEMBER 11, 2021

With the global insurtech market worth over $5 trillion, there are different opportunities to be tapped despite the presence of large incumbents. Hopley launched Root in 2016 to cater to this need. In Africa, one startup is carving a niche for itself. Jonathan Stewart joined as a co-founder leading sales and partnerships in 2018.

incumbents 86

incumbents innovation development venture capital 86

Entrepreneur's Handbook

JUNE 21, 2021

Another example is Stone, a Brazilian fin-tech unicorn started in 2012, which disrupted the incumbents’ sales strategy by creating a hub-and-spoke model that deployed a passionate salesforce of “Stone Warriors” throughout the country. Putting it all together Quality beats quantity when it comes to launching.

startup 89

startup strategy SaaS incumbents 89

TechCrunch

MARCH 29, 2022

YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance. The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Founded in: 2016. Website : [link]. Founded in : 2021. Team size : 22 . Location : Lagos, Nigeria. Team size : 11.

startup 91

startup hospitality health financing 91

TechCrunch

JULY 25, 2022

As the founder of an infrastructure project that has been around since 2016, I want to remind you that web3 isn’t just a drop-down menu of features to be bolted on to your project. Does the ability to make users collective owners in the platform’s success give you an advantage over web2 incumbents? FOMO is real.

frameworks 91

frameworks founder incumbents disruption 91

TechCrunch

JANUARY 14, 2021

Founded in Gothenburg, Sweden in 2016, Minna enables customers to manage subscription services via their existing bank’s app. Sjöblom told me that by largely working with incumbent banks, Minna is providing them with a way to fight back against challenger banks. It has now raised $18.8 million (€15.5

technology 70

technology incumbents ventures enablement 70

TechCrunch

APRIL 26, 2022

billion by 2025, a steep climb from $190 million in 2016. Call center service provider incumbents like Dialpad offer sentiment analysis features, as well, as do companies including Cogito , Saygent and SugarCRM. A 2019 Salesforce report found that 53% of service organizations expected to use chatbots within 18 months.

incumbents 81

incumbents capital enablement strategy 81

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. The first investment that 75% of our users have done was with less than $500.

investment 99

investment investing ventures incumbents 99