Daily Markup #201: Malaysian fintech one of 12 winners; How to run a tight ship in 2021; Reaching rural areas with a healthcare app

Tech booster

  • 500-backed fintech startup Curlec has been selected as one of 12 to be part of EY Foundry, a dedicated incubation program for early-stage startups in the accounting, tax, fintech, legal tech, regulation tech, and HR tech space.
Credit: EY
  • The startup was chosen from over 270 applications and is one of the three winning Malaysian startups.
  • Participants will receive US$120,000 worth of Microsoft Azure credits, which will go towards helping the startups develop their technology.

Time to ship up

  • According to a study, the pandemic accelerated the shift from physical shopping to eCommerce by five years. So, what key trends can we expect to see this year? 500-backed shipping startup Easyship covered this in a report.
Credit: Easyship
  • While demand is increasing for affordable global shipping options and delivery times are normalizing, these are the five global trends Easyship predicts could emerge this year:
  1. Commercial drone deliveries ready for takeoff
  2. Shipping goes green
  3. Small merchants gain momentum
  4. Shipping prices could climb
  5. Multi-courier solutions further enhance their offerings
  • Read the full report here.

Reaching for the remote

  • CEO of 500-backed digital health startup mClinica Farouk Meralli spoke in a podcast about empowering pharmacists through technology.
  • He shared that the startup is digitally connected to about one in every three pharmacy professionals in Southeast Asia, reaching even the remotest locations. Case in point: 49% of the startup’s users come from rural areas.
Credit: mClinica
  • How does the startup do it? Via SwipeRx — its all-in-one app for pharmacy professionals. The app provides education, information, training, and drug information for pharmacy professionals to serve patients better and manage their pharmacies.
  • Listen to the full podcast here.

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

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