917Ventures, the country’s largest venture builder, is a key factor in Globe’s transformation into a digital solutions platform. As Globe goes beyond telco, its wholly-owned subsidiary ensures that the everyday challenges of consumers and businesses are addressed through digital means.
917Ventures ideates, launches, accelerates, and scales new businesses that have the potential to grow fast. It aims to create the next generation of companies in the Philippines and beyond.
So far, 917Ventures is on track with its goal to future-proof its parent company. It creates and customizes solutions specific to what Filipinos need and partners with other organizations, if necessary.
“Through the ventures that we have now and the new ones that we fund, build, and develop, we believe that we can help solve the pain points of our customers. We are journeying our customers to digital not only to make their lives easier, but to align them with Globe’s digitalization plans,” said Vince Yamat, 917Ventures Managing Director.
At present, 917Ventures has eight initiatives under six focus industries – digital health, e-commerce, entertainment, adtech, edutech, and fintech. These are the areas in which the company sees the opportunity to uplift the lives of many people.