Friday, September 15, 2017

Startup Digest - Emerging Economies - September 15th

Startup Digest

Emerging Economies

September 15, 2017

Dear Subscribers,

Hope you are doing well. This week I'm recovering my health, and couldn't focus on getting lot of great content from the emerging markets, and your support in getting amazing content from your region will be highly valuable. 

Enjoy reading the weekly curated list for this week! If you have an amazing resource and want to see your resource in our next digest, I'd love to hear from you too. Looking forward to your feedback and resources. Submit it here. Have a great weekend. 

Thank you.
Anurag

Startup Digest Emerging Economies is curated by:
Anurag Maloo

Anurag Maloo - Regional Manager (India, South & Central Asia)

Contact Anurag Maloo at anurag.maloo@startupdigestmail.com

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Copycats Versus Disruptors in Latin America

By Francisco Coronel (@franciscornl) - Tech Crunch

When a company expands to Latin America, it requires a great deal of effort to adapt the language, operations and marketing strategies in order to find acceptance in the local market. In Spanish, the process of adapting a product or service to the local market is called "tropicalización," or tropicalization.

Replicating an existing business model can be extremely challenging in a complex region like Latin America. In some cases, startups find adapting relatively easy. However, most of the time it can be a tough path.

World Bank's XL Africa Programme Announces Its First Cohort

By XL Africa programme team

FROM 900+ TO JUST 20, MEET THE STAR PERFORMING DIGITAL START-UPS FROM ACROSS SUB-SAHARAN AFRICA! 

These start-ups span the continent from Senegal in the west, to Kenya in the east, and south to South Africa, specializing in digital products and solutions encompassing the fields of fin-tech, transportation, healthcare, education, human resources, and B2B. All companies provide a technology-intensive or technology-based product or service currently available in one or more African markets and show great potential to scale across the region and globally!

India's OYO Snags $10M Strategic Investment from Hotel Giant China Lodging

by Jon Russell (@jonrussell) - Tech Crunch

Indian budget hotel startup OYO pulled in a big $250 million round led by SoftBank's Vision Fund last week, but now it has topped that money up with a $10 million strategic investment from multi-billion dollar hotel management firm China Lodging.Beyond the financial commitment from NASDAQ-listed China Lodging — which was formerly known as Huazhu Hotels and is valued at $6.8 billion — the two companies work together and learn from each other going forward, as opposed to operating some form of joint entity.

You Haven't Missed the Emerging-Market Party, Credit Suisse Says

By Sid Verma - Bloomberg

It's not too late to ride the emerging-market equities bandwagon. From economic expansion to corporate earnings and capital expenditure, everything points to their overtaking. 

Check out the 7 Promising Fintech Startups from the FinTech Center of Korea

By Yon Heong Tung - e27

Bolstered by a strong tech infrastructure and generous government support, South Korea's fintech sector is on a sharp growth trajectory. In 2016, the government put US$230 million into fintech startups, and this year, the country's financial regulator is planning to trial a blockchain fintech project.

Yesterday, the FinTech Center of Korea signed an MOU with the Switzerland Greater Zurich Area AG to work together in developing each country's fintech ecosystem. The FinTech Center had previously established connections to other international markets, including UK, Australia, France, Singapore, the US and China.

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