Homegrown Startup CARE Concierge Emerged as Regional Finalist in Alibaba-MDEC JUMPSTARTER 2020 Competition

Kuala Lumpur, 30 August 2019 – CARE Concierge, Malaysian startup focusing on the local
elder care industry was recently announced as a regional finalist in the JUMPSTARTER 2020
Global Pitch Competition, hosted by Alibaba and Malaysia Digital Economy Corporation
(MDEC). The startup was among the 5 announced finalists at the competition, from over 200
applicants regionwide.
 
CARE Concierge was also awarded with The Innovation Startup Award for its belief in the
importance of helping the elderly age-in-place and providing peace-of-mind to family members
through its proprietary tech app. It was also voted and recognised as the Audience’s Favourite
– becoming the only startup to earn both accolades – for its efforts in revolutionising the elder
care industry.
 
JUMPSTARTER is a not-for-profit initiative curated by Alibaba Entrepreneur’s Fund. It is a
platform for entrepreneurs and innovators to pitch and showcase their ideas. JUMPSTARTER
aims to identify and support the growth of quality, high-potential startups and provide high-
impact networking opportunities that can spur the growth in startup-ecosystems worldwide.
CARE Concierge, with their achievement of regional finalist at JUMPSTARTER 2020 yesterday
and its award of becoming the SEA Startup Disruptor of the Year in Wild Digital 2019 in July,
has been recognised with two SEA awards for its innovation in the elder care industry, and
places Malaysia at the forefront of this sector in ASEAN.
 
The startup, along with the other regional finalists announced at JUMPSTARTER will proceed to
compete in the grand finale in February next year, where they will face off against other finalists
from Shenzhen, London, San Francisco, Toronto, Hong Kong, Beijing, and Shanghai. Top 5
teams will receive a cash prize of US$100,000 (approx. RM420,000) to support their future
growth.
 
In addition to receiving financial rewards to further their social impact, top JUMPSTARTER
companies will also gain access to the Alibaba ecosystem to help them gain insight, experience,
and resources to expand their businesses.
 
To find out more, please visit CARE Concierge’s official website at
mycareconcierge.com
 
The app is also available on both the iOS App Store and the Google Play Store.
-END-

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

How the Metaverse Will Change the Future of Workspace

How the Metaverse Will Change the Future of Workspace

The metaverse—it’s not a sci-fi concept anymore! People are now working in virtual offices in the metaverse. It is a cloud-based, immersive social environment in which 3D avatars interact with one another. You could be on a beach in Thailand and still be able to attend that important meeting with your colleagues in the metaverse—work can take place wherever you are located.

What Is Over-The-Counter Stock Trading

What Is Over-The-Counter Stock Trading?

If you thought that you could only buy stocks from the stock market, you guessed wrong. Investors can also purchase stocks directly from the companies they wish to invest in. This is called over-the-counter (OTC) trading.

Top 5 Most Valuable Meme Coins of 2022

Top 5 Most Valuable Meme Coins of 2022

Billionaires, including Elon Musk and Mark Cuban, have waxed eloquent about meme coins. These are digital tokens that started as jokes but have since taken off in value. Some even credit meme coins for helping cryptocurrencies, in general, reach a larger audience.

The Butterfly Effect 3 Fascinating Businesses Stories

The Butterfly Effect: 3 Fascinating Businesses Stories

The butterfly effect, a part of chaos theory (a branch of mathematics and mechanics that studies random or unpredictable events in complex systems), is a phenomenon wherein a small or seemingly unrelated event sets in motion the trajectory of something significant. It is fascinating to observe this phenomenon, especially in the dynamic realm of businesses.

How Supercomputers Are Affecting the Environment

How Supercomputers Are Affecting the Environment

Supercomputers may be our glimpse into the future. Renowned computer scientist John von Neumann proposed the term “technological singularity” to describe the point of development at which it is impossible to predict the changes that technology will bring to human civilization.