Singapore – 22 May 2020 – DueDash and SSII Pte Ltd (SSII) have announced a new cooperation agreement to accelerate startups go-to-market.
The agreement, in the form of a Memorandum of Understanding (MoU), formalises the mutual interaction and strengthens the existing relationship between DueDash and SSII at the strategic and working level.
As part of the agreement, DueDash will provide access to venture funding and soft landing support for business expansion into Europe, business network and advisory for capability building. Similarly, SSII will provide access to venture funding and soft landing support for business expansion in China, Singapore and Asia, business network and advisory for capability building.
For SSII, it aims to extend its SSII Alliance Ecosystem, Velocity, to DueDash and leverage its position as a leading accelerator in China to help fast-growing startups globalised and accelerate into fast growing markets in Asia. Working with venture capitalists and the local government support, SSII also looks towards building up the capabilities of promising startups to as they globalise.
DueDash and SSII have a shared objective of helping startups build sustainable and investable businesses. This MoU provides for continued strengthening of future cooperation between DueDash and SSII in achieving common goals that will help startups to build up their capability and increase acceleration pace for expansion.
Parul Madan, founder of DueDash said: “We at DueDash are driven with a single-minded mission: “Making startups and scale ups investable”. It takes a lot more than just an idea, pitch decks, execution and product-market fit. It takes a village, town, city, country or even the whole world to raise a “meaningful startup”.We are enabling entrepreneurs to engage with each other and collaborate with the community at a global scale to harness collective intelligence”.“This partnership will help achieve that by strengthening and formalising the already high levels of cooperation between the DueDash and SSII.”
LOK Yek Soon, COO of SSII and Head of the SSII Alliance Ecosystem, said: “We welcome this important initiative which formalises and strengthens the existing relationship between DueDash and SSII. We look forward to build on our collective expertise to accelerate startups’ growth and expansion.”
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The DueDash community is a precursor to DueDash private capital intelligence tool which is designed to help startups become investable by building a customer-centric business through the support of a global community. Our platform not only allows quick access to a relevant network, but also enables the sharing of ideas, knowledge and other resources – both on a local and global level. Entrepreneurs, academia, success stories and venture capital need each other, just as big ideas and innovation need leadership, industry experience and direction. Through our cloud infrastructure, we enable VC’s, CVC’s, PE’s business angels, accelerators, major corporations, strategic investors, acquirers and R&D centers to spot upcoming innovative opportunities and talent from startups through scale-ups. Learn more at https://community.duedash.com/ and follow us on Twitter @duedash_network
About SSII Pte Ltd
SSII Pte Ltd is an early-stage startups accelerator that helps the world’s most ambitious change-makers define the future. Across 9 offices in 2 countries, we work alongside startups; helping them shape their business model and accelerate their go-to-market. We complement your startup innovation with a curated ecosystem of digital innovators to deliver better, faster, and more enduring outcomes to you and our partners in the ecosystem. Since our founding, we have maintained a strong focus for our startups to build companies that are sustainable and scalable. Learn more at www.ssii.sg and follow us on Twitter @SSII_Alerts.