WEBVTT 1 00:00:00.318 --> 00:00:05.318 (gentle music) (creatures chirping) 2 00:00:05.550 --> 00:00:07.620 Mandai X has been conceptualized 3 00:00:07.620 --> 00:00:10.530 to scale our growth and impact urgently. 4 00:00:10.530 --> 00:00:12.870 Mandai X is the growth and impact accelerator arm 5 00:00:12.870 --> 00:00:14.370 of Mandai Wildlife Group, 6 00:00:14.370 --> 00:00:16.980 where we aim to build global ventures 7 00:00:16.980 --> 00:00:20.430 that will help us reach 1 billion people. 8 00:00:20.430 --> 00:00:24.360 We do need a lot more people than the visitors to Mandai 9 00:00:24.360 --> 00:00:26.370 to join us on this journey 10 00:00:26.370 --> 00:00:28.888 to contribute towards a sustainable future. 11 00:00:28.888 --> 00:00:31.471 (gentle music) 12 00:00:32.640 --> 00:00:36.010 What I find most meaningful is the purpose of Mandai X, 13 00:00:36.010 --> 00:00:38.280 which is creating an opportunity 14 00:00:38.280 --> 00:00:40.623 for humans and nature to thrive together. 15 00:00:41.490 --> 00:00:42.840 The purpose is very aligned 16 00:00:42.840 --> 00:00:44.280 with what we're trying to achieve 17 00:00:44.280 --> 00:00:46.110 as we work together with corporate partners 18 00:00:46.110 --> 00:00:47.760 to drive impact at scale. 19 00:00:47.760 --> 00:00:49.440 The journey over the last two years working 20 00:00:49.440 --> 00:00:51.660 with BCG X has been incredible. 21 00:00:51.660 --> 00:00:54.510 We've taken five products from ideation 22 00:00:54.510 --> 00:00:58.020 to concept validation to launching and go to market 23 00:00:58.020 --> 00:01:00.390 with real people, real paying customers 24 00:01:00.390 --> 00:01:03.840 using the methodology that's been proven by BCG, 25 00:01:03.840 --> 00:01:06.120 covering 14 dimensions of risk 26 00:01:06.120 --> 00:01:09.390 from desirability, feasibility, and viability. 27 00:01:09.390 --> 00:01:14.220 One thing I truly adore and love about the partnership is 28 00:01:14.220 --> 00:01:15.660 that we work as one team. 29 00:01:15.660 --> 00:01:18.300 You actually can't tell who is working on which side. 30 00:01:18.300 --> 00:01:20.040 Their structured and hands-on approach 31 00:01:20.040 --> 00:01:22.200 has really helped us to move very quickly 32 00:01:22.200 --> 00:01:25.380 from ideas to building a new product. 33 00:01:25.380 --> 00:01:29.730 BCG X brings real industry experience and a clear process, 34 00:01:29.730 --> 00:01:32.790 covering innovation, validation, and incubation, 35 00:01:32.790 --> 00:01:35.190 which has helped us reduce our risk 36 00:01:35.190 --> 00:01:38.376 at different stages of building our venture. 37 00:01:38.376 --> 00:01:41.940 (uplifting music) 38 00:01:41.940 --> 00:01:43.860 I think another thing which brings me a lot of joy 39 00:01:43.860 --> 00:01:46.380 and excitement is what we've done with Pawpaw, 40 00:01:46.380 --> 00:01:48.570 which is an animal care platform we built. 41 00:01:48.570 --> 00:01:50.040 Being able to take all the knowledge 42 00:01:50.040 --> 00:01:52.170 which Mandai has through the zookeepers and the ability 43 00:01:52.170 --> 00:01:54.900 to look after the well-being of the animals here, 44 00:01:54.900 --> 00:01:57.030 and translating that into an experience at home, 45 00:01:57.030 --> 00:02:00.510 where pet parents are able to give the same level 46 00:02:00.510 --> 00:02:02.550 of care and understanding to their pets, 47 00:02:02.550 --> 00:02:03.750 and something which then allows them 48 00:02:03.750 --> 00:02:06.638 to enjoy the time that they have with their pets. 49 00:02:06.638 --> 00:02:10.200 (uplifting music) 50 00:02:10.200 --> 00:02:11.850 We're not only building ventures 51 00:02:11.850 --> 00:02:13.710 that have a commercial path, 52 00:02:13.710 --> 00:02:17.190 that have a viable path, a scalability potential, 53 00:02:17.190 --> 00:02:20.550 but also we're making a positive impact to the world. 54 00:02:20.550 --> 00:02:23.430 For instance, for Ranger Buddies World Explorer, 55 00:02:23.430 --> 00:02:27.120 we're trying to cultivate future-ready skills for kids, 56 00:02:27.120 --> 00:02:28.770 and the real joy comes 57 00:02:28.770 --> 00:02:30.900 when your customers really enjoy your product. 58 00:02:30.900 --> 00:02:32.910 We've seen how Mandai's assets 59 00:02:32.910 --> 00:02:35.010 are not only benefiting the park, 60 00:02:35.010 --> 00:02:37.680 but also beyond to a lot of people 61 00:02:37.680 --> 00:02:39.720 in the region and around the world. 62 00:02:39.720 --> 00:02:41.400 What's even more exciting is the opportunity 63 00:02:41.400 --> 00:02:43.620 to work together with the broader ecosystem, 64 00:02:43.620 --> 00:02:46.500 including investors, practitioners, 65 00:02:46.500 --> 00:02:48.660 and of course Singapore's Economic Development Board 66 00:02:48.660 --> 00:02:50.310 and the Corporate Venture Launchpad, 67 00:02:50.310 --> 00:02:52.170 which has really been a great supporter for us 68 00:02:52.170 --> 00:02:54.120 in helping to cultivate an ecosystem 69 00:02:54.120 --> 00:02:56.280 where we can partner and win together. 70 00:02:56.280 --> 00:02:59.307 So all our ventures are designed such that the guests 71 00:02:59.307 --> 00:03:03.030 and the customers will be able to use the product, 72 00:03:03.030 --> 00:03:04.680 and the product actually helps 73 00:03:04.680 --> 00:03:06.734 make the world a better place. 74 00:03:06.734 --> 00:03:09.567 (uplifting music)