• Hapz

  Participated · Seed · Aug 2017

  Hapz is a Singapore-based event-tech platform. The company raised S$680,000 (about $499,595) in seed funding. Investors in the round were Cocoon Capital, SPH Media Fund, Quest Ventures, TinkBig Venture and an angel investor. The article identifies the financing as a seed round but does not disclose valuation, use of proceeds, or operating metrics. No past rounds, founding year, or detailed future plans were reported in the article.

• Snapcart

  Participated · Series A · Mar 2017

  Snapcart is a two-year-old startup that collects consumer receipts via a mobile app to generate retail spending insights in emerging markets. Users upload receipts in exchange for cash back, and Snapcart applies OCR, big-data and machine-learning techniques to extract product-level information. The company reports more than 700,000 users across Indonesia and the Philippines, operates a business-development office in Singapore, and serves over 75 clients including Unilever, L’Oreal and Nestlé. Snapcart has about 80 staffers, roughly 80% of whom are non-sales, and notes long enterprise sales cycles with roughly 30 companies contributing 80% of sales. The firm plans to use new capital to expand into additional frontier markets (it is evaluating more than 30 destinations and expects to narrow that to five launches), invest in R&D, and improve its OCR and merchant-facing products. It positions itself as a challenger to established research firms such as Nielsen. Snapcart’s core product is a mobile app that incentivizes consumers to upload shopping receipts in exchange for cash-back rewards; those receipts are processed (OCR and data analysis) into consumer insights and reports for brands. The company launched in September 2015 and initially focused on Indonesia, later expanding into the Philippines; its Manila team houses AI and data analysis work on OCR and line-item extraction. Snapcart serves a roster of 75+ brands, including L’Oreal, Nestle and Unilever, and limits its active user panel to around 50,000 per market to maintain representativeness. It reports a 45% monthly active user retention rate after 30 days and emphasizes repeat usage as the key metric for data quality and predictive modeling. The company has opened a business development office in Singapore (service not active there) and is conducting due diligence on a likely expansion into Thailand. Management plans to focus on upselling new services to existing clients before broadening its client base and aims to use recent financing to push toward a Series A. Snapcart, founded in 2015 and based in Jakarta, provides a cashback app that incentivizes consumers by rewarding them in exchange for scans of their shopping receipts. The company aggregates those receipt scans into insights for brands and retailers, offering accurate measurement of consumer behavior. In January 2016 Snapcart raised $1.675M in a pre-Series A round. The round was led by Wavemaker Partners and SPH Media Fund, with participation from existing backers Sinar Mas Digital Ventures and Ardent Capital. The company said it intends to use the funds to continue to expand operations. Co-founders are Reynazran Royono (CEO), Laith Abu Rakty (CTO) and Mayeth Condicion (CDO).

• ViSenze

  Participated · Series B · Sep 2016

  ViSenze is a Singapore-based image-recognition startup founded in 2012 that offers a “personal shopping concierge” platform for retailers. Its core product combines visual search, automatic photo tagging and recommendation algorithms that surface products based on images and browsing history. The company serves clients including Rakuten, ASOS, Urban Outfitters, Zalora and Uniqlo across verticals such as fashion, jewelry, furniture and intellectual property. ViSenze reports an annual revenue growth rate of more than 200 percent and maintains offices in Asia, Europe and the United States. The company says it will use the new funding to further develop its software through partnerships with smartphone makers including Samsung, LG and Huawei. Other startups in the same space include Syte.ai, Slyce, Clarifai and Imagga. ViSenze develops artificial-intelligence products for e-commerce, beginning with a visual search feature that lets shoppers find products from images. The company is rolling out two new products: contextual video advertising that inserts relevant ads into or around video content, and an image-to-text capability to enable more customizable searches from uploaded images. Customers and partners mentioned include Myntra and Zalora, and global video site Viki (owned by Rakuten) is cited as a partner. ViSenze was spun out of the National University of Singapore more than three years ago and currently has a headcount of 40, which the company expects to easily double before year-end. The startup plans to use recent funding to hire, double down on R&D, accelerate its go-to-market strategy, reinvest in its technology, and expand business-development offices. ViSenze develops image-recognition products for visual search, including a cloud-based tool called ViSearch. The company is positioned to enable visual shopping features for e-commerce sites and apps, particularly in fashion. Seven months before this raise it began collaborating with Rakuten Taiwan to launch visual fashion search and recognition tools. ViSenze is a spin-off of the National University of Singapore and is headquartered in Singapore. The company announced a $3.5M Series A led by Rakuten Ventures as its current financing event. No revenue or user metrics were disclosed in the article.

• Snapchart

  Participated · Series A · Jan 2016

  Snapchart is an Indonesia-based cashback mobile app that offers users cashback on purchases via its mobile application. The company completed a $1.675 million pre-series A funding round. Participants in the round included Wavemaker Partners, SPH Media Fund, Sinar Mas Digital Ventures and Ardent Capital. The financing represents early-stage capital to support the business's operations and growth. The article does not provide additional operating metrics or specific future plans.

• Glints

  Participated · Seed · Feb 2015

  Glints operates a talent development and recruitment platform that connects employers with professionals across five markets. Its platform hosts three million professionals and 50,000 companies, including AIA, IKEA, GetGo, KKday and Gameloft. The company says annual revenue and gross profits grew 2.5x year-over-year and that annual revenue has been growing at a triple-digit percentage. Glints reports positive contribution margins across all business units, with Indonesia and Vietnam remaining profitable. Remote hiring is a major growth driver: remote cross-border job postings grew more than 3x year-over-year and over 11x in the past two years. The company plans to expand its talent supply base in the Philippines, grow employer demand globally, and hire for its product and tech teams. Glints operates a full-stack career platform that includes a job marketplace, community features, and online skills education targeted at young to mid-level professionals. The platform hosts more than 7,000 active job listings and attracts roughly 4 million visitors per month. Glints says it has been used by over 1.5 million professionals and 30,000 organizations, including Gojek, Tokopedia, Starbucks and Mediacorp. One of its products, TalentHub, is a cross-border remote work hub that doubled its business in 2020 as employers became more open to remote hiring. The company positions itself as a solution to regional tech talent shortages by helping firms hire teams across Southeast Asian countries. Glints plans to use new capital to expand further in Singapore, Indonesia, Vietnam and Taiwan and to hire for its product and engineering teams. Glints is a Singapore-headquartered recruitment and hiring platform. The company is described in the article as a recruitment platform. Glints has raised $6.8 million in a Series B round led by Monk’s Hill Ventures, according to a statement. The article identifies the financing as a Series B round. No other investors or additional financial details were disclosed in the article. The article did not provide operating metrics, future plans, or use-of-proceeds information. Glints operates a career discovery and development platform that helps young people explore internships, graduate roles and professional-development resources in Singapore. The platform aims to guide users to discover career paths and develop the right skill sets while enabling employers to attract suitable talent. It lists internships, graduate jobs and career-development content and tools for early-career professionals. The company is led by Oswald Yeo, Ying Cong Seah and Qin En Looi. Glints raised funding to support regional expansion and product development. The company reported a $2M Series A to finance those plans. Glints is a Singapore-based platform that helps graduates and students enter the workforce by pairing job and internship listings with training, employer challenges, personality tests and profile badges. It operates a talent-scout model where employers list vacancies for free and pay only when they interview a candidate. The site reports over 7,000 registered students and some 600 companies on its platform in Singapore. Glints runs employer-set challenges (examples include Easy Taxi and SPH) to give candidates practical experience and badges to help them stand out. The founding team graduated accelerator JFDI Asia and includes three founders who deferred graduate-school offers. The company is weighing regional expansion (Indonesia or the U.S.) later in the year and expects to seek another funding round to support growth. The business recently closed a seed financing of SG$475,000 (US$380,000).

No current team members are available.