Our startup BeBonobo receives SGD $20,000 investment in Singapore!
“BeBonobo” is an online social network headed by Azerbaijani Jasur Hasanov, Malaysian Kay Kay Ong and Yemeni Madyan Aziz Hasan Malfi, promotes conscious consumption
by disrupting current wasteful consumption patterns – through an online listing website which connects individuals and businesses to list their unwanted items or search for any types of wanted items. On BeBonobo one can get her needed item without paying for it. Another interesting fact is when a user gives his/her unwanted item to another user for tree on BeBonobo, the user who takes the item pays 3 USD to platform and BeBonobo plants one tree per item for the person who has given the items. Yes, you read it right, an actual tree.
BeBonobo has emerged as one of the six winning teams in an international eight-month of Young Social Entrepreneurs (YSE) incubator programme in Singapore organised by the Singapore International Foundation, where they received SGD $20,000 (60,000 MYR) in seed funding to scale up their social enterprise.
The dedicated team of 6 members from 4 different nations has achieved many milestones in less than a year time. Today many have started to notice and talk about BeBonobo like Ms Jean Tan, Executive Director of Singapore International Foundation: “If, like me, you’ve often wondered what to do with too many things bought on impulse or no longer needed, check out BeBonobo. For the conscientious consumer, this digital platform allows you to conveniently recycle your items to those in need. This multinational team aims to reduce waste of reusable items by promoting a sharing economy.” said about BeBonobo. Co-founder & ex-CEO of Kaspersky Lab, Natalya Kaspersky chose BeBonobo as one of her top five favorite startups at Youth Entrepreneurship Forum last May in Russian Federation! “BeBonobo is a very social product. Really interesting startup. I wish all the best to the organizers, because it’s nice that they have not only thought about the money, but also about social impact.” said Madam Karpersky.
This startup with a less than a year performance has achieved remarkable results in different international startup competitions and has managed to raise MYR80,000 in seed funding. BeBonobo is currently one of 25 startups supported by MAP (MaGIC Accelerator Program) in Cyberjaya, the most prestigious accelerator program in the South-East Asia. In November these startups will showcase their product and progress to more than 150 regional investors.
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