500 Southeast Asia
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500 Southeast Asia

Durians Daily #161: Grocery delivery startup sends Christmas cheer to 100 children with autism; Founder of Naluri says no to annual budgeting and planning; Property buying can now be done 100% online thanks to this startup

Delivering Christmas cheer

  • 500-backed online grocery delivery startup, HappyFresh, partnered with social enterprise Dreamr to bring Christmas gifts to 100 children with autism of all ages around Kuala Lumpur.
Credit: Dreamr
  • The National Autism Society of Malaysia (NASOM) helped reach out to parents to register those interested in participating in the program. NASOM indicated there has been a spike in the number of those seeking its services in recent years, but due to its dependence on public donations, it has struggled to keep up with the demand.

Planning with a purpose

  • Founder of 500-backed healthtech startup Naluri, Azran Osman-Rani, offered an alternative view on goal-setting for the new year in a video.
Credit: Tatler Asia
  • Stating he isn’t a “fan of the annual budgeting and planning process”, he shared 90% of new year’s resolutions are not achieved. The reason? They tend to focus on outcome goals, such as revenue or profit growth, increase in market share, or launching new products.

Pivoting in property sales

  • Property buyers are now less inclined to leave their homes to visit property showrooms, and find it more challenging to complete their paperwork during the pandemic, shared Joshua Ong, co-founder and chief strategy officer of 500-backed proptech platform MHub in an interview.
Credit: The Edge Markets
  • What did the startup do next? Review its plans for 2020, discuss meaningful ways that could help clients prepare for the unprecedented situation, and launch the “Showroom for Buyer” app, a self-service solution for homebuyers.

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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Durians family of funds. The 500 Durians funds have backed over 200 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.

This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Startups”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.

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500 Southeast Asia

500 Southeast Asia is an early-stage VC firm; The company has backed over 250 companies across multiple sectors from internet to consumer to deep technology.