MakanLuar's Choped for 7-figure sum
Singapore restaurant reservation start-up Chope has acquired its Indonesian equivalent MakanLuar for a seven-figure sum.
The acquisition allows Chope users to make reservations in about 120 restaurants in Jakarta, Bandung and Bali.
It comes just eight months after Chope raised $11 million in a funding round led by Singapore-based venture capital firm NSI Ventures.
MakanLuar is Chope's second acquisition. It bought Appic Technologies, which developed queuing technologies, in 2014.
Book short-term office space online
Mobile professionals and start-up founders can use a new digital platform to find a variety of short-term work and meeting spaces here.
Called FlySpaces, the Singapore-based start-up aggregates co-working spaces, meeting rooms, event spaces and fixed offices so users can choose the most suitable place.
Co-founder Guillaume Martin (photo), said: "We've a variety of short-term work space. It can be vacant offices, unused desks at co-working spaces or unbooked event venues."
Users go to its platform to find and reserve the work space they want. FlySpaces takes a commission from each rental.
Since it started six months ago, the firm has served 150 clients and generated US$136,000 (S$184,000) in revenue. It has operations in Manila and Cebu.
Talk by serial entrepreneur
Serial entrepreneur Ong Peng Tsin has founded or co-founded three tech start-ups - dating site match.com, content management portal Interwoven and enterprise identity management software firm Encentuate. The start-ups were later acquired and are part of large companies like Hewlett-Packard and IBM.
Mr Ong is now a venture capitalist leading his own firm, Monk's Hill Ventures, which invests in tech start-ups targeting the South-east Asian market.
Entrepreneurs, business executives and others who want to hear about his experiences can attend his talk on April 20 at Impact Hub in Prinsep Street.
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