StartupX
Listed among this year’s Forbes 30 Under 30 Asia, Oh Chu Xian started Magorium to recycle plastic waste, which is then added to bitumen to subsequently produce asphalt for road construction. Called NewBitumen, this innovation isn’t just kinder to our environment but also produces road surfaces that last longer. Oh, a business management graduate from Singapore Management University, hopes to scale her company’s technology into other parts of Southeast Asia to help alleviate the problem of plastic waste.
The number of start-ups has mushroomed over the past few years, but experts and company founders say they still face many challenges and that more needs to be done to support young enterprises.
Without further ado, below is a round-up of the startups hailing from all over Asia who are slated to pitch at the Summit next month and the disruptive technologies that they’re bringing to the table.
Early-stage founders in Singapore still are unable to identify real-world business problems their startups want to solve. This can hinder their ability to attract funds, especially in a region where investors typically are more cautious about digging into their pockets. Asked about common mistakes Singapore startups make, StartupX’s founder and CEO Durwin Ho noted that […]