JFDI.Asia is a Singapore based accelerator that announced the opening up of applications for its 2nd batch of 2013 in June and has now picked the 10 companies from the pool of 300+ applications. In exchange for a minority equity stake (~10%), every team joining will be offered a package including S$15,000 (USD 11,700) net cash, mentoring valued at S$150,000 (USD 117,000), technical and other vendor perks worth S$300,000 (USD 234,000) and working space for the duration of the program.
JFDI.Asia was founded in 2010 by Hugh Mason and Wong Meng Weng (interview with Hugh Mason) and the latest batch has 10 companies from 9 different countries. Here is the list:
enMarkit: An Indian startup, enMarkit is a social commerce-based payment and marketing startup that enables individuals and businesses to sell products and services across different online and mobile platforms.
Healint: A behavior analytics platform that helps patients and their families make healthcare decisions.
MOLOME: A brand-linked user engagement tool based on photo sharing.
Skimbl: A feedback system for multi-venue food and hospitality businesses.
Lifebox JSC: A real-time field reporting system on smartphones.
Qwikwire: A payment service targeted toward e-commerce companies that want to break into emerging markets.
TapTalents: Makes tools that enable enterprises to develop data analytics-driven mobile business apps for field-based knowledge workers.
Vault Dragon: Dropbox for physical things.
Visual-Marks: Visual storytelling platform that provides an immersive writing, styling and reading experience.
ZhenXin: Bridging the gap between pharmaceutical companies and patients in emerging markets.