Singtel's new programme harnesses startups to tackle its challenges

Singapore

SINGTEL on Tuesday launched Innov8 Connect, a new programme that seeks to find the best global startups to jointly tackle business challenges faced by the Singtel group.

In the first run, 10 startups will each receive up to S$75,000 in funding (with no equity exchange) to validate their solutions with Singtel and its over 575 million mobile customers in Asia, Australia and Africa.

Successful solutions may lead to commercialisation with Singtel, while selected startups may receive funding from Singtel Innov8 (the…