Techstars Startup Digest - Emerging Economies - Issue #6

Alibaba has expanded its e-commerce empire into South Asia after the Chinese internet giant acquired Daraz in an undisclosed deal.

E4Impact to fund, incubate 20 Kenyan startups annually.

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes is coming to India for the 5th time. With the support of the local partner Startup Safari and host WeWork Gurgaon, Seedstars will be holding a dynamic pitch event on May 18th at 3pm. The companies selected

American poet and civil-rights activist Maya Angelou’s immortal words, “In diversity, there is beauty and there is strength,” fit well with the cultural and industrial diversity of Southeast Asia. The diversity that is seen in the SEA markets is a magnet for investments.

Startups in Brazil, Latin America’s largest entrepreneurial ecosystem, are no longer solely focused on Brazil as their only frontier to conquer. Based on conversations with founders and in tracking the news, dozens of startups born in Brazil have realized they can compete on a global scale and expand their companies quickly by exporting their business models to other regional markets around the world, including Canada, Colombia, Europe, Japan, Mexico, the U.K. and the U.S.