Story image

Kiwi startup impresses at Demo conference

05 Mar 12

No-one ever wants to go first when presenting to a room full of people, but that was the slot kiwi company TranscribeMe drew for their alpha pitch to the Demo Asia startup conference, held in Singapore last week.

However, company founder Alexei Dunayev (pictured with TranscribeMe Asia managing director Chengxi Tang) soon had the audience impressed when he announced he would be offering transcripts of every other pitch at the conference, for free, via his company’s forthcoming mobile app.

Scheduled for launch in the middle of this year, the TranscribeMe app has a 98% accuracy rate, and operates through a cloud-based crowdsourcing system that keeps costs down, allowing TranscribeMe to charge much less than current competitors.

SG Entrepreneurs writer Terence Lee described Dunayev’s pitch as ‘among the most promising ones’ at the conference.

"Alexei and his team is definitely on to something here,” Lee writes.

"They’ll be able to generate revenue quickly, and hopefully get some funding for expansion.”

This was the first time the Demo event had been held in Asia; TranscribeMe attended with the help of Microsoft’s BizSpark startup resourcing programme.

Pictured at the Demo conference, from left: Catherine Eibner, Microsoft Australia; Thiago Almeida, Microsoft NZ; Alexei Dunayev, TranscribeMe CEO; Chengxi Tang, TranscribeMe Asia managing director; Eugene Fabian, Microsoft Singapore.

Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
Office workers frustrated by poor information management systems
82% of workers believe poor information management is damaging their productivity in the workplace.
Jobs 'aplenty' for freelance writers, devs & ecommerce specialists?
Jobs tagged with the keyword ‘writing’ took the top spot as the fastest moving job in 2018.
Updated: Chch crypto-exchange Cryptopia suffers breach
Cryptopia has reportedly experienced a security breach that has taken the entire platform offline – and resulted in ‘significant losses’.
Edtech firm Kami raises $1.5m
New Zealand edtech startup Kami has raised $1.5 million to help take the company to North America and beyond. 
How SMBs can use data to drive business outcomes
With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.
Startup launches online marketplace for lending items in AU
Think TradeMe, eBay, Amazon, except instead of buying products, you’re renting spare items from everyday consumers.
Adobe revamps Experience Cloud for retailers
Adobe has revamped its Adobe Experience Cloud to offer customer experience management (CXM) capabilities that draw on AI and machine learning technology.