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Hothouse atmosphere takes hold in Singapore

City-state wants to be Asia's go-to place for incubating innovative ideas

Aashish Mehta teamed up with two friends to reinvent the laundry pole for Asia's high-rise dwellers. (Photo by Yasu Ota)

SINGAPORE -- Aashish Mehta did not have to look far for entrepreneurial inspiration. The Indian-Singaporean engineer, who spent eight years working for a high-tech company before venturing into the startup fray, simply considered the needs of his own aging family members.

"I wanted to create something that would resolve real problems around our daily lives," the 35-year-old said.

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