Newsletter | November 2022


2 December 2022


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NEWSLETTER

NOVEMBER 2022

HEADLINES

Gobi-Core Philippine Fund Reveals the State of Talent in Tech 2022 Report


November has proven to be an incredibly busy time for our Philippines team! Not only did our Gobi-Core partners host our final 20th Anniversary Dinner, but they also launched the Gobi-Core State of Talent in Tech 2022 report – all amid the action-packed Philippines Startup Week!

To find out more about the report, click the link below. To know all about the busy and informative week we had in the Philippines, check out our LinkedIn post.
DOWNLOAD THE REPORT

WeLab Seeks Funds at US$2 Billion Value

WeLab hopes to raise as much as US$250 million to fund its expansion across APAC. Last year, the company raised US$75 million in a Series C round led by Allianz X, the digital investment branch of Germany’s Allianz Group.

Sunway Group, Digital Penang to Build Talent Development Ecosystem

Both Sunway iLabs and Digital Penang will explore opportunities to curate tech workshop and talks, build a peer-to-peer coding learning environment, and job matching to create a sustainable digital ecosystem in Penang.

Fly Jinnah Chooses Sastaticket.pk as Preferred Booking Platform

Tapping into the post-pandemic global and domestic tourism demand, Fatima Gobi Ventures investee company Sastaticket.pk is flying high on the back of its collaboration with budget airline Fly Jinnah which promises a seamless and affordable experience for customers.

TOP STORIES

Eight Gobi Portfolios Recognised as Tatler Asia’s Most Influential 2022


Tatler’s list of Asia’s Most Influential is out, showcasing a definitive list of people shaping Asia. Excited to see nine of our founders on the list!

Clarence Leong, EasyParcel | Yat Siu, Alan Lau, Animoca Brands | Roland Ros, Kumu | Jack Zhang, Airwallex | Eric Cheng, Carsome | Steven Lam, GOGO X | Danny Yeung, Prenetics | Simon Loong, WeLab

Philippine Tech Ecosystem Remains Resilient but Faces Talent Issue, Gobi-Core Report Shows

The Gobi-Core State of Talent in Tech 2022 report outlines the challenges and opportunities of talent in the Philippines and how investors and founders alike can address this.

Gobi-Core Philippine Fund Partners Listed as Game Changers in Cebu

Our Gobi-Core partners, Carlo Delantar, Jason Gaisano and Ken Ngo have all been recognised for their work in driving positive social impact on the “SunStar Cebu: 40 Under 40” list for the “Environment & Sustainability” category, released by SunStar Philippines Cebu as part of its 40th-anniversary celebration. Congratulations gentlemen!

DHLink Teams with Shopline Logistics to Improve Cross-Border eCommerce

The partnership will take advantage of both firms’ direct mail channels, warehousing and freight transportation to simplify the logistics process, eliminate connection problems and improve transport efficiency.

Mastercard Adds Fasset to Its Crypto Accelerator – The Start Path Program

Launched in 2014, Mastercard Start Path is a six-month accelerator program that is designed to help startups in expanding and commercialising their products and services. To date, it has supported more than 350 startups, with many of them achieving unicorn status.

INDUSTRY FOCUS

Early-Stage Investors Should Take Advantage of Adverse Market Conditions, Says Gobi’s Thomas Tsao


The markets might be down, but your portfolio doesn’t have to be. Our co-founder Thomas G. Tsao discusses why Gobi continues to double down on China especially when it comes to the Greater Bay Area.

Billion Dollar Moves™ with Sarah Chen-Spellings: Jamaludin Bujang

Our Malaysia Managing Partner, Jamaludin Bujang sat down with Sarah Chen-Spellings from Beyond The Billion® (launched as The Billion Dollar Fund for Women®) on why taking leaps in your career is important, the importance of partnership trust in successful venture capital funds, and Malaysia’s potential as an investment destination.

THOUGHT LEADERSHIP

Introducing the Gobi Thought Leadership series where we endeavour to bring you our leaders’ insights as well as the breakdown of pressing matters across the ecosystem! 

For this month we look at the importance of the circular economy in funding, why Southeast Asia remains an attractive investment destination and why you should not overlook Pakistan when it comes to global expansion. Click on the banners below to have a read.

EVENTS

Fiestartup Cebu 2022: Unlocking the Vismin Tech Opportunity


In partnership with the Gobi-Core Philippine Fund, DTI Philippines, Republiq Group of Companies, and DOHE International – the Fiestartup Cebu is a two-day event aimed to raise awareness about Cebu’s startup ecosystem potential, stir up a dialogue about tech expansion and to restart the nationwide activation of the digital economy, most especially in the Visayas and Mindanao. A heartfelt thank you to the whole startup community who joined us for the event!

The heavy monsoon rains in Pakistan that started in June 2022 have caused the deaths of over 1,700 people thus far and displaced over 33 million more. Together with Doctors Without Borders/ Médecins Sans Frontières HK (MSF), Fatima Gobi Ventures is fundraising for clean drinking water, hygiene kits and medical care to treat increasing skin infections as well as waterborne and vector-borne diseases in the Sindh Province.

As part of our charity and community outreach under the #GobiCares initiative, we have also committed to donating half of the fundraising goal. Now it’s your turn. The donation campaign ends on 18 December 2022
Come join us in saving lives!
DONATE HERE

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