Oracle to accelerate Singapore cloud startups

Oracle has launched a new six-month Oracle Startup Cloud Accelerator program in Singapore, announcing the class of six startup participants selected from hundreds of applicants.

They are Arya.ai, FlexM, FOMO Pay, Hacker Trail, RL Club, and Unscrambl. These startups leverage new technology solutions across industries such as retail, recruitment, and finance.

Arya.ai is an enterprise deep learning platform designed to automate complex data science tasks involved while building neural network based application or predictive models and in production.

FlexM is a fast-growing Singapore-based fintech company working toward the financial inclusion of migrant and foreign domestic workers.

FOMO Pay is a one-stop QR code payment solution platform that enables merchants to accept a full suite of new payment methods including WeChat Pay, NETSPay, mVISA, and more.

Hacker Trail is a curated, cloud-based marketplace for the technology industry, designed to source, engage, curate and connect the right candidates with the right job opportunities across Southeast Asia.

RL Club is a rewards and loyalty club mobile app that rewards consumers for brand engagement and advertisement consumption.

Unscrambl is an Atlanta-based startup that has developed a disruptive, next generation real-time cognitive analytics platform.

The startups will be granted technical and business mentoring by Oracle and industry experts, state-of-the-art technology with free Oracle Cloud credits, full access to a co-working space within Oracle’s premises, as well as access to Oracle’s global ecosystem of startup peers, customers, investors and partners.

“Singapore has a vibrant entrepreneurial ecosystem and we received a brilliant response from the community,” Oracle group VP of R&D Sanket Atal said.

“These startups are an exciting mix with expertise in artificial intelligence, machine learning, deep technology, payment gateways and other disruptive technologies.”

Launched in April 2016, the Oracle Startup Cloud Accelerator Program is a next-generation acceleration initiative driven by Oracle R&D. The program focuses on reimagining enterprise innovation through collaborations with startups that foster co-development and co-innovation.

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