Shanghai-Based Mailman Group Launches Startup Fund
Shanghai-based social media and technology company Mailman Group
earlier this week announced the launch of a new startup fund that looks at tapping the burgeoning technology startup scene in Asia.
The Mailman Group
's new startup Venture fund
aims to fill the gap of Series A funding in the region of US $0.5 to US$2 million in the region, and will provide cash and mentorship to selected startups.
“Mailman Ventures is aimed to support young entrepreneurs with disruptive ideas, by injecting cash, plugging holes in strategy, positioning and branding - and most importantly kick starting their road to success,” says Mailman Group
CEO Andrew Collins.
It aims to invest in up to three new ventures by the end of 2013 and is currently open to applications.
Daniel Goh is the founder and chief editor of Young | Upstarts, as well as an F&B entrepreneur. Daniel has a background in public relations, and is interested in issues in entrepreneurship, small business, marketing, public relations and the online space. He can be reached at daniel [at] youngupstarts [dot] com.