YES Bank chooses 12 startups for its fintech accelerator’s inaugural batch

India: YES Bank selected 12 startups for its inaugral fintech business accelerator programme. The startups have been working on fintech transactions, lending, cyber security, risk intelligence, big data, analytics and more.

Japan’s NTT Data picks Deep Tech startup as winner of its Open Innovation Contest

Japan: NTT DATA, a global IT service provider, announced today that it selected Barcelona-based Social Coin as the winner of the Open Innovation Business Contest 5.0 during the contest’s Grand Finale.

SproutX closes AU$10M AgTech venture capital fund for startups in it’s accelerator

Australia: The SproutX Venture Capital Fund, to be managed by Artesian Venture Partners, will invest in agtech startups accepted into SproutX’s accelerator programs over the next four years.

Bangkok Bank partners Nest to launch a FinTech accelerator ‘InnoHub’

Thailand: Bangkok Bank Public Company Limited announced its international FinTech accelerator program, Bangkok Bank InnoHub in partnership with corporate innovation partner Nest.

Indian Govt to launch networking platform for start-ups

India: Indian Govt.’s launching new platform called Virtual Start-up Hub to connect start-ups with investors, incubators and other service providers in the vicinity

Times of India’s TLabs, Facebook partner to boost mobile startup ecosystem

India: Facebook and startup accelerator TLabs have entered into a partnership to support the mobile startup ecosystem in the country.

Singapore’s Defence agency to co-invest with Canadian startup incubator – TandemLaunch

Singapore: Cap Vista Private Limited (Cap Vista), the strategic investment arm of the Defence Science and Technology Agency of Singapore (DSTA) entered into an investment partnership with a Canadian accelerator, TandemLaunch.

Australia launches startup incubator “Landing Pad” in Singapore with support from SGInnovate

Singapore: Australian Govt. has launched a startup incubator called the “Landing Pad” in Singapore, with support from SGInnovate – an investment unit funded by the local Singapore government.

India’s AP Govt and Singapore’s LATTICE 80 sign MoU for incubation centre in Vizag

India: The Andhra Pradesh Government and Singapore-based Fintech major, LATTICE 80, have signed a memorandum of understanding for establishment of a fintech incubation centre here.

Microsoft Accelerator announces 10th batch of 14 B2B startups dominated by AI & IoT

India: Announcing its 10th cohort of startups, Microsoft Accelerator that focuses on growth-stage startups continued its narrative to undertake and accelerate B2B startups for its four-month long accelerator programme.

Queensland govt recruits Slingshot to run Tourism Accelerator in Cairns & Brisbane

Australia: The Queensland government has recruited corporate accelerator Slingshot to help bolster its share of Australia’s $119.4 billion tourism industry through the creation of new high-growth startups.

MPA to set up Living Lab to drive Maritime innovation

Singapore: In collaboration with the Singapore Maritime Institute, the Maritime and Port Authority of Singapore (MPA) will establish three centres of excellence over the next five years.