Startup Weekend Cebu alumni off to Singapore-A A +A
Wednesday, April 30, 2014
A TEAM of young multi-national entrepreneurs who competed but failed to win in Startup Weekend Cebu 2 in 2012 will carry the Philippine colors at the Echelon 2014 tech conference in Singapore this June.
This was revealed by TechTalks.ph founder Tina Amper during the joint press launch of Startup Weekend Cebu (SWC) 4 and 1st Startup Weekend Bohol last April 11 at the Golden Hub.
Amper said the group, known as Team Candy during SWC-2, earned the right to represent the country in Singapore when it ruled over the rest of the 11-team field in the Echelon 2014 Philippines Satellite competition on April 4 at the Meridian International College in Taguig City.
“I am very proud of these guys,” said Amper, who started Startup Weekend Cebu. “Their perseverance paid off. They did not land in the Top 3 at SWC 2, yet they never lost hope. They believe in their startup and now they’re earning from it.”
Team Candy won the ticket to Singapore for its novel mobile rewards platform, which the group initially pitched at the 2nd Startup Weekend Cebu in November 2012.
Believing in the viability of its product, the team – currently composed of Filipino, Indian, and Japanese nationals – went on to pursue their startup and launched Candy (can-dy.ph) a few months after SWC 2.
During SWC 2, Team Candy was an all-Japanese tandem skippered by Yosuke Fukada until several persons, including Indian national Arnab Gupta, jumped in to form the group’s current lineup.
Now officially registered as YOYO Holdings PTE Ltd., the group has already captured a nationwide market of 75,000 users within eight months upon launching the platform.
Following the success of Candy in the country, YOYO expanded its services to Thailand and Indonesia where it gained 30,000 users in a month.
Candy is a platform that offers free mobile airtime or prepaid load credit for calls, text and Internet browsing in exchange for doing some micros tasks, such as filling out surveys, making reviews of a product or brand, or downloading apps.
YOYO, on the other hand, gets its revenues from advertisers on Candy.
At the Echelon 2014 tech conference in Singapore, Amper said YOYO will have the rare opportunity to interact and receive valuable insights from the business leaders in the tech startup industry.
The fourth edition of Startup Weekend Cebu is scheduled to take place on June 6-8 at the University of Cebu - Banilad campus. The first-ever Startup Weekend Bohol will be held on May 23-25 at the University of Bohol in Tagbilaran City. (PR)
Published in the Sun.Star Cebu newspaper on May 01, 2014.