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917Ventures in the News

Philippine Startup KodeGo Wins Big at Singtel Group’s Regional Program for Social Innovation

KodeGo a startup under Globes corporate venture builder 917Ventures secured SG30000 and landed a spot in the top six finalists of the recently concluded 2021 Singtel Group Future Makers Programhttpsfuturemakerssingtelcom Singtel Group Future Makers Singtels regional social innovation and capacity building program aims to support promising social impact startups with innovative technology solutions that help address social and healthcare challenges faced by the vulnerable in society This year the program sought to identify highpotential startups with the ability to foster shared value opportunities with regional partners to create impactful social and business solutions for people and the markets that the Singtel Group operates in Among the four organizations nominated by Globe KodeGo gained the highest recognition cited for its highimpact and highlyscalable innovation its potential to address unemployment effectively and upskilling challenges in other countries Our mission as a company has always been to raise the caliber of Filipino software engineers and address unemployment gaps in the country This recognition from the Singtel Group and our leaders from Globe is only the beginning for us as we venture into scaling our business and touch more lives with our digital solutions said Francis Simisim Head of Ideation Incubation of 917Ventures EntrepreneurinResidence for KodeGo Simisim shared that they have a longterm goal of helping solve the talent shortage in the tech industry through their training and placement interventions In the next two years they are targeting to generate 27000 program graduates Through KodeGos offerings and services graduates can secure higherpaying jobs in the tech industry According to the companys tracking participants of the KodeGo Bootcamp showed a 93 job placement success rate within two weeks after completion We are proud of KodeGos achievement and are happy that we can play a part in their journey as they further develop and build their company We will continue to support them along with our other social ventures as we drive innovation through Globes wide network of services and solutions said Yoly C Crisanto Globe Chief Sustainability Officer and Senior Vice President for Corporate Communications This year a total of 20 alumni impact startups participated in Singtel Groups Future Makers program with the hopes of regional expansion and collaboration to support the United Nations Sustainable Development Goals such as UN SDG No 3 Good Health and WellBeing UN SDG No 8 Decent Work and Economic Growth and UN SDG No 10 Reduce Inequalities The program supports social innovators through financial technical and marketing assistance to scale up their projects Likewise Singtel Group Future Makers provides them with capacitybuilding support such as coaching and structured workshops which can help sharpen their value proposition and pitching capabilities We are excited to see how KodeGo will grow over the coming months and year As our newest portfolio company we know that this recognition will only motivate us and our teams in ushering our customers into further digital transformation shared 917Ventures Managing Director Vince Yamat KodeGo together with EdVenture BentaTV and Inon represented the Philippines in the competition after a rigorous selection process through the Globe Future Makers GFM program Similar to the regional program GFM aims to help build an ecosystem of support for local social innovators who use technology to solve the countrys most challenging social problems Since GFMs debut in 2017 13 different local and international startups have been given a chance to build their brand and contribute to social development These unique and pioneering startups focused on projects dealing with learning and education health and wellbeing climate change and displacement and ecommerce Globe strongly supports the United Nations Sustainable Development Goals particularly UN SDG No 9 which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development Globe is committed to upholding the United Nations Global Compact principles and 10 UN SDGs To know more about KodeGo you may visit wwwkodegophhttpskodegoph Meanwhile you may also visit wwwvirtualsgfm2021comhttpsvirtualsgfm2021com to find out more about the Singtel Group Future Makers Regional Programme ...

Globe’s 917ventures Discusses Business Focus On MSME Market in 2022

Globes corporate venture builder 917Ventures announced in a recent panel discussion that they are keen on growing their micro small and medium enterprises MSMEs clientele in the coming year through sustainable digital innovations offered by its portfolio companies The session consisted of speakers from digital marketing solutions firm AdSpark loyalty and ecommerce solutions provider RUSH ApplicationtoPerson A2P messaging platform M360 and selfservice dashboard iNQUiRO Francis Simisim Head of Ideation and Incubation at 917Ventures shared how local tech startups like that of their portfolio companies are paving the way in delivering value to people and businesses Aside from providing the public with essential services like telehealth fintech edutech and ecommerce 917Ventures also provides endtoend sustainable solutions for MSME business clients 917Ventures is all about solving these big issues that can have a great impact on the country the businesses and the MSME business owners More than providing them with valuable tools and services we are with them in sharing tips and tricks that could help them in their business operations planning and strategies he said One of the newest startups under 917Ventures is iNQUiRO which helps address the challenges encountered by businesses in their journey towards datadriven insights especially while going online and digital during the ongoing health crisis Its products are designed to provide organizations with the knowledge that creates impact from customer analytics to risk assessment and fraud detection iNQUiRO Chief Operating Officer Pancho Reyna said that they are aiming to tap more sources have more synergy with other publicly available data sources and unlock more relationships and patterns in their rich data lake iNQUiRO also intends to evangelize a datadriven mindset by offering training and participating in data communities symposiums and hackathons Meanwhile M360 Chief Operating Officer Ramon Hirang shared that the messaging platform is focusing on industries like banking and finance retail ecommerce healthcare logistics and the government for their business priorities Organizations he said can take advantage of the companys twofactor authentication onetime passwords OTPs confirmation of transactions alert notifications services among others Hirang also mentioned that M360 provides a ready doityourself platform for MSMEs that businesses could use for instant and effective messaging campaigns via SMS emails chatbots Viber Facebook messenger and others Stephanie Kubota Chief Executive Officer of leading Software as a Service SaaS provider RUSH shared that they are integrating its order management tool into several pervasive marketplaces In 2022 our plan is to catalyze digital adoption further by integrating the likes of Shopee Lazada Shopify Facebook Instagram into our dashboard With this businesses can begin to streamline their operations under one centralized system she said Kubota assured that they will continue to support businesses in their digital transformation journeys by providing costeffective and fast solutions adding that RUSH will also include more logistics and payment partners in future offerings Just like its sister companies AdSpark has grand plans for 2022 According to Cat de LeonVinuya Director for Strategic Planning of the fullservice datadriven digital and mobile advertising firm With all of the new trends that are emerging in the digital space now and the massive evolution of content our ambition is to purposefully use Data and Insights in every operational decision we make agile enough to test and build refine and refresh and really understand our clients and partners needs in growing their business raising the bar in Thought Leadership and agile enough to have a very strong stand alongside these areas of interest she said 917Ventures is a key player in Globes plan in transforming into a digital solutions provider It acts as a startup factory and has teams frameworks infrastructures and strategies already in place proven tested and backed by Globe Ayala and other partner networks to accelerate the growth of its ventures The Globe Group strongly supports the United Nations Sustainable Development Goals particularly UN SDG No 9 highlighting the roles of infrastructure and innovation as crucial drivers of economic growth and development It is committed to upholding the UN Global Compact principles and contributing to 10 UN SDGs...

Globe’s 917Ventures’ Portfolio Companies Share Plans for Building a ‘Better Normal’ in PH Startup Week 2021

Globes 917Ventures is gearing up to build a better normal for Filipinos with their digital solutions ecosystem 917Ventures Managing Director Vince Yamat together with representatives from portfolio companies Mynt Globe FinTech Innovations Inc GCash shopping platform PureGo and healthcare platforms KonsultaMD and HealthNow recently spoke about new technologies they are developing at the recently concluded Philippine Startup Week 2021 GCash Chief Customer Officer Winsley Bangit shared that the popular ewallet services provider is looking to pursue more collaborations next year as customer behavior evolves given the countrys move to reopen the market He said GCash is creating a wider ecosystem for financial services through more gamechanging innovations If theres anything that these past 19 months have taught us it is that digital is here to stay With the everchanging and growing needs of Filipinos we will continue to make GCash easytouse accessible and constantly innovating to help Filipinos to solve their everyday financial challenges Bangit said Meanwhile Cholo Tagaysay Chief Operating Officer of KonsultaMD said that they are expanding operations to more areas outside of Metro Manila and Greater Manila It was earlier reported that telemedicine adoption exploded over the past year and a half with telemedicine consultations soaring by 1549 versus prepandemic levels Tagaysay pointed out that the Philippines is a perfect case study for telemedicine He shared Despite having 7641 islands doctors are concentrated in the National Capital Region NCR We are onboarding more medical practitioners to the platform as we strive to make teleconsult available wherever and whenever it is needed HealthNow Chief Executive Officer Beia Latay announced that they are expanding their services to include diagnostic tests made possible through partnerships with local laboratories and hospitals The company was also a key partner in rolling out COVID19 vaccines for the Ayala Group of Companies and its partners We are also looking to work with health insurance providers to further our offerings allowing more Filipinos to afford accessible healthcare services Latay said HealthNow has nearly a million active users and over 1000 providers including primary care doctors specialists pharmacies clinics and hospital networks Likewise PureGo EntrepreneurinResidence Glenn Estrella also shared that they will be announcing exciting promos and partnerships in the coming year Online grocery is not only relevant but it is also necessary during these times Through our services we help customers in prioritizing their safety while still getting their daily essentials Estrella said As Globes corporate venture builder 917Ventures invests in innovative digital solutions that provide valuable business impact for customers In scaling and accelerating several businesses in the digital space it supports the growth of the Philippine startup ecosystemgenerating jobs for different sectors and creating a competitive landscape for the many services it offers The Globe Group strongly supports the United Nations Sustainable Development Goals particularly UN SDG No 9 highlighting the roles of infrastructure and innovation as crucial drivers of economic growth and development It is committed to upholding the UN Global Compact principles and contributing to 10 UN SDGs...

Globe’s 917Ventures Launches iNQUiRO; Empowers Businesses to Make Data-Driven Decisions via AI-Powered Products

Globes corporate venture builder 917Ventures recently introduced a new portfolio company iNQUiRO to help businesses make datadriven decisions in their operations This startup offers a suite of Artificial Intelligence AIpowered products that allows small medium and large enterprises to create exciting value for their customers iNQUiRO aims to address the challenges encountered by businesses in their journey towards datadriven insights especially during the pandemic These include access to the right data tools and technology With its unique and unparalleled access to rich omnichannel data iNQUiRO has developed products that can extract quick and actionable insights By providing organizations of all sizes with access to otherwise unobtainable insights we enable them to make exceptional and impactful datadriven decisions This is what makes iNQUiRO truly a gamechanger said Pancho Reyna Chief Operating Officer at iNQUiRO iNQUiROs products are designed to provide organizations with the knowledge that creates impact from customer analytics to risk assessment and even fraud detection Its products are also priced competitively to offer the maximum value for the organization and democratize access For instance iNQUiROs 360 Customer Dashboard and Audience Builder an intuitive platform gives clients access to valuable consumer information particularly behaviors and trends The service is complete with optimized tools and resources that help businesses transform data into valuable and actionable insights and explore various opportunities Through the iNQUiRO Credibility Score the startup intends to use behavioral data in creating a credibility profile for consumers to help companies and organizations assess the credibility of consumers with limited or no available financial data and to provide these consumers with access to a wider range of financial products Aside from iNQUiRO 917Ventures lineup of portfolio companies also includes mobile wallet giant GCash digital health companies KonsultaMD and HealthNow digital marketing solutions firm AdSpark online grocery platform PureGo and loyalty and ecommerce solutions provider RUSH 917Ventures Managing Director Vince Yamat shared We put our customers and partners at the heart of what we do As we expand our services and continue to grow our portfolio companies we are committed to taking Globes vision of creating a digital nation forward as we empower more Filipinos through our tech and digital solutions The Globe Group strongly supports the United Nations Sustainable Development Goals UN SDGshttpswwwglobecomphaboutussustainabilityhtml particularly UN SDG No 9 highlighting the roles of infrastructure and innovation as crucial drivers of economic growth and development Globe is committed to upholding the UN Global Compact principles and contributes to 10 UN SDGs For more information about iNQUiRO visit wwwinquirophhttpswwwinquiroph...

917Ventures Key to Globe’s Transformation into a Digital Solutions Platform

917Ventures the countrys largest venture builder is a key factor in Globes transformation into a digital solutions platform As Globe goes beyond telco its whollyowned subsidiary ensures that the everyday challenges of consumers and businesses are addressed through digital means 917Ventures ideates launches accelerates and scales new businesses that have the potential to grow fast It aims to create the next generation of companies in the Philippines and beyond So far 917Ventures is on track with its goal to futureproof its parent company It creates and customizes solutions specific to what Filipinos need and partners with other organizations if necessary Through the ventures that we have now and the new ones that we fund build and develop we believe that we can help solve the pain points of our customers We are journeying our customers to digital not only to make their lives easier but to align them with Globes digitalization plans said Vince Yamat 917Ventures Managing Director At present 917Ventures has eight initiatives under six focus industries digital health ecommerce entertainment adtech edutech and fintech These are the areas in which the company sees the opportunity to uplift the lives of many people GCash the countrys biggest ewallet service provider and lone Philippine startup that made it to Credit Suisses Southeast Asia 35 Unicorns list is 917Ventures most successful startup to date It currently has over 48 million users and offers a full suite of accessible financial services such as GSave GInvest GInsure and GCredit Following the trajectory of GCash is KonsultaMD which has become an essential companion of over a million Filipinos during the pandemic Patients shifted to telehealth for their doctor consultations for fear of contracting the virus Even after the health crisis KonsultaMD is optimistic that people will continue to use the service due to its convenience and affordability HealthNow a telehealth aggregator bridges the gap between patients and healthcare services for onestopshop digital healthcare services Meanwhile PureGo makes online grocery shopping quick and easy through its cashless nocontact sameday deliveries PureGo has become one of Metro Manilas topofmind grocery delivery services servicing 28 cities and counting RUSH and AdSpark on the other hand support businesses especially small and medium enterprises Being an ecommerce platform RUSH helps entrepreneurs create their businesses and sell online For digital marketing and advertising AdSpark is ready to handhold its customers as they make the shift from traditional advertising As of the years third quarter 917Ventures has launched 20 ventures and six new companies and has vetted over 300 ideas The goal is to duplicate its success in GCash KonsultaMD and AdSpark Globe has always wanted to change the rules of the game Even before 917Ventures it had already changed the customer habit of sending SMS by partnering with OTT Messaging Apps like Viber and WhatsApp It has curbed the downloads of illegal videos through partnerships with streaming sites and has habituated its customers from downloading MP3s to listening to Spotify Globe continues to change the rules of the game by transitioning from cash to GCash facetoface medical consultations to telehealth and grocery shopping to online deliveries Globe aims to transition into a digital solutions provider while maintaining telecommunications as its core business Globe supports the United Nations Sustainable Development Goals particularly UN SDG No 9 highlighting the roles of infrastructure and innovation as crucial drivers of economic growth and development Globe is committed to upholding the UN Global Compact principles and contributing to 10 UN SDGs To know more about 917Ventures visit www917venturescomhttps917venturescom...

917Ventures Partners with 10x1000, Secures Grants to Hone Employee Skills in Fintech

In line with its efforts to invest in its people and provide opportunities for them to upskill in fintech corporate venture builder 917Ventures has partnered with global fintech training platform 10x1000 Tech for Inclusion 10x1000 in securing 100 Fintech Foundation Program Flex grants 10x1000 aims to train 1000 emerging talents and tech leaders from around the world each year for the next ten years The philanthropic initiative was founded in 2018 jointly by the International Finance Corporation a member of the World Bank Group and Alipay the leading digital payment platform operated by Ant Group 917Ventures a whollyowned subsidiary of Globe has taken the lead to be the first in the Philippines to partner with the fintech training program this October It has likewise opened grants to the employees of Globe and its own portfolio companies The aim is for 917Ventures to further help expand and strengthen the local fintech industry starting with scaling up training and development within Globes ecosystem We are grateful to be part of this significant initiative We have seen the rapid growth of fintech during the pandemic and we need to be able to take advantage of this situation by harnessing our employees ability to ideate develop new markets and make financial products and services more inclusive for the masses to drive economic growth said Vince Yamat 917Ventures Managing Director We are delighted to join hands with 917Ventures to bring the 10x1000 training platform to learners worldwide as we seek innovative approaches to meeting a common goal of bridging the digital skills gap said Eric Jing Chairman and CEO of Ant Group owner and operator of digital payments platform Alipay I am excited that learners from 10x1000s new Flex program will gain the fintech knowledge that they need to support their communities and help bring us closer to meeting the UN Sustainable Development Goals SDGs Aside from grants 917Ventures will be participating in the 10x1000 Fintech Leadership Program that will take place in midNovember It will also have the opportunity to cocreate thought leadership programs and content with 10x1000 Flex is open to professionals with a minimum of three years of experience in a fintech or digital economyrelated company or role It includes three modules with a total of eight video lessons Learners are required to pass all quizzes at the end of the modules to receive the digital certificate More information about the Flex program and modules is available at www10x1000orghttpswww10x1000orglearnDetailprogramType4 Given the demands of the time more people and organizations have shifted to digital transactions telehealth epayments ecommerce and other digitalenabled activities These are also among the services offered by Globe and 917Ventures portfolio companies such as GCash KonsultaMD HealthNow RUSH PureGo and AdSpark among others The Globe Group strongly supports the United Nations Sustainable Development Goals UN SDG particularly UN SDG No 9 on the importance of infrastructure and innovation as significant drivers for economic growth and development It is committed to upholding the UN Global Compact principles and contributing to 10 UN SDGs...