Dating app Bumble has announced the APAC Bumble Bizz pitch competition for women entrepreneurs. Women-founded businesses across countries in the Asia Pacific region will be awarded grants worth $5,000.
Actor Priyanka Chopra has invested in Bumble, which launched in India in December. Piggy Chops is a partner and advisor in the company. Tennis star Serena Williams also invested in Bumble earlier this year.
The APAC Bumble Bizz competition will take place in India, Australia, New Zealand, Hong Kong, Singapore, and the Philippines, say reports. on October 10, winners will be taken to Sydney for the first Bumble Bizz Summit.
To apply or nominate a woman entrepreneur, one has to login to any of the three Bumble modes –– Date, BFF, and Bizz. Applications will be accepted till September 27, 2019.
Founded in 2014 by Whitney Wolfe Herd, Bumble is a women-led app that encourages ladies to initiate dating, being social, and networking efficiently.
Bumble started off as a dating app but added other services including BFF (a mode to find friends), The Hive (dating events), and Bizz (for business networking). Bumble also runs The Buzz, which has blogs which offer advice and tips about love, friendships and careers.
The company’s Bumble Fund focuses on initial investments for women founders. The fund offers an average investment of $25-50K, depending on how much the business needs.