When COVID-19 struck in early 2020, the startup world went to a standstill. Most startups had been scrabbling round to remain afloat. Many needed to wind up their companies however some emerged stronger by pivoting merchandise/enterprise fashions, forging partnerships, and securing investments.
Right here, we convey you a listing of the three e27 Luminaries startups that managed to safe partnerships proper in the midst of the COVID-19 disaster.
Ayannah’s partnership with ECAP
In June 2020, Ayannah, a Filipino firm offering inexpensive and accessible digital monetary providers, signed a merger settlement with Indian funds agency Digital Money and Fee Options (ECAP) to kind a pan-Asian firm.
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Christened Ayannah International, the merged entity goals to offer accessible digital monetary providers to the area’s center class. Headquartered in Singapore, it additionally goals to attract from the city-state’s expertise pool and forge new partnerships with corporations there.
Established in 2010, Ayannah is an AI-enabled know-how platform that gives monetary providers to the rising center class, with a big presence throughout geographies with prospects in India, the Philippines, Indonesia, and Vietnam. The corporate claimed that its AI tech is designed to launch a complete vary of economic and way of life services starting from funds, remittance, insurance coverage, and telemedicine.
Ayannah’s merchandise embrace PanaloCare, a hospital revenue insurance coverage plan in partnership with AXA, which helps the insured with a day by day supplementary revenue each time hospitalised.
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Since 2013, Bengaluru-based ECAPS has catered to the wants of home migrants and the unbanked populations in India. The corporate gives providers similar to home cash transfers, utility invoice funds, recharges and journey ticketing for rising middle-class customers in India.
Biofourmis’s partnership with Brigham
In March 2020, Singapore-based digital therapeutics firm Biofourmis launched a Biovitals Hospital House in partnership with Boston-based Brigham and Girls’s Hospital.
Biovitals Hospital House is an AI-based, turnkey know-how platform that permits hospitals and well being programs to rapidly deploy a ‘hospital at dwelling’ programme.
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Over the previous few years, the 2 organisations have labored collectively to refine and scale the platform to be used by healthcare organisations to gas programmes through which sufferers are ‘admitted’ to their properties for hospital-level care.
The programme gives 1:1 parity with inpatient cost charges to deal with sufferers of their properties for circumstances that embrace greater than 60 diagnosis-related teams (DRGs) similar to infections, bronchial asthma, coronary heart failure and continual obstructive pulmonary illness (COPD).
Began in 2015, Biofourmis discovers, develops and delivers clinically-validated software-based therapeutics to offer higher outcomes for sufferers, superior instruments for clinicians to ship personalised care, know-how to exhibit the worth of and complement pharmacotherapy, and cost-effective options for payers.
It has constructed Biovitals, a extremely subtle personalised AI-powered well being analytics platform that predicts medical exacerbation prematurely of a important occasion, which is the spine of their digital therapeutics product pipeline throughout a number of therapeutic areas—together with coronary heart failure, oncology, infectious illness, continual ache, acute coronary syndrome and COPD.
DiMuto’s partnership with OPAL
In Might 2021, international agri-fintech commerce options firm DiMuto introduced a partnership with OPAL, a serious cost establishment (MPI) licensed by the Financial Authority of Singapore (MAS).
The partneship goals to offer cost providers on the blockchain-powered DiMuto Platform.
The duo will develop a brand new cost module that can permit DiMuto’s agrifood prospects to make funds immediately tagged to the motion of products on the DiMuto Platform. This may create visibility of each the motion of products and cash for bodily agrifood merchandise tracked with DiMuto’s current commerce digitalisation know-how.
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The 2 corporations intend to mix their strengths and remodel funds and financing within the agri-food commerce area. They’ll leverage OPAL’s experience in worldwide cost, multi-currency wallets, FX administration, and financing options alongside DiMuto’s robust community of agrifood clientele, commerce digitalisation know-how, and functionality to gather asset-based information.
DiMuto gives end-to-end provide chain visibility for international companies. DiMuto makes use of blockchain, IoT, and AI in its commerce options digitises the agri-food provide chain for information visibility and commerce transparency to unravel the business’s challenges similar to meals security breaches, that reportedly skilled a US$110 billion loss, as found by a 2018 World Financial institution examine.
Photograph by Claudio Schwarz | @purzlbaum on Unsplash
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