Four Philippine startups land in Forbes Asia’s ‘100 to Watch’ list (Business World)
Four small companies and startups based in the Philippines made it into Forbes Asia’s “100 to Watch” list:
- ChatGenie, an e-commerce platform that launched in February 2020, is a sales channel that provides an automated ordering process and checkout experience via social media and messaging apps that are also integrated with mobile wallets and delivery services.
- CloudEats, a cloud kitchen company that launched in June 2019, prepares on-demand meals for numerous brands. Affiliated with various delivery services, CloudEats’ kitchens are located in non-retail, cost-efficient spaces with operations and layouts that are designed specifically for food delivery.
- Kalibrr, a job-matching platform founded in 2013, connects job seekers with companies and startups looking to hire talent. The company raised $7.5 million from Omidyar Network, Wavemaker, and Kickstart Ventures. It was the first Filipino company to be accepted by startup accelerator Y Combinator.
- PayMongo, a financial technology company that launched in June 2019, allows businesses in the Philippines to receive online payments through its payment platform, which can be integrated with the online business’s website and social media. PayMongo is backed by Y Combinator.
“Companies on the 100 to Watch list are making remarkable progress and impact in spite of the challenging climate brought on by the COVID-19 [coronavirus disease 2019] pandemic. Their inclusion on the list comes in part from addressing significant problems with innovative solutions,” said Justin Doebele, editor of Forbes Asia, in a statement on Tuesday.
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