Participated · Series A · Sep 2021

Toku is a Singapore-based, Asia-Pacific-focused provider of enterprise cloud communications and customer experience solutions. The company has operated since April 2018. Toku completed a $5 million Series A extension led by Betatron Venture Group, with participation from the Hong Kong Innovation and Technology Venture Fund (ITVF) and other investors. The injection brings the company’s total funding to $18 million. Management says the new capital will support continued international expansion. Toku also appointed former Singapore minister Chen Huihua as chair of its advisory board. Toku provides bespoke cloud communications and customer engagement solutions including Programmable APIs, Contact Centre and Corporate Telephony to help enterprises reimagine customer experience across APAC. The company combines local in‑country infrastructure, regional expertise and global reach to support digital transformation for businesses and government agencies. Toku works with regional brands such as foodpanda, Gojek, Lenskart, Decathlon and JCDecaux. It reported a compound annual growth rate (CAGR) of 128 percent over the past four years (including forecasted FY2022) and is closing in on half a billion customer interactions processed annually across 17 APAC markets. Toku plans to expand its local presence in Malaysia, Indonesia, Hong Kong, Vietnam, South Korea and the Philippines and aims to double headcount to about 200 by 2024. The company will continue to invest in innovation and technology to unify customer experience and employee experience into an all‑in‑one platform. Toku provides cloud communications solutions across UCaaS, CPaaS and communication APIs with native telco connectivity and integrations into tools like Microsoft Teams, HubSpot and Salesforce. The company is developing a hosted contact-centre (CCaaS) offering and aims to build an all-in-one platform combining CPaaS, UCaaS and CCaaS functionality. Toku will use the funding to enhance product capabilities, expand regional coverage and pursue strategic partnerships. It plans to develop its CCaaS solution over the next 18 months as part of broader product roadmap. The company intends to double its workforce in the next 12 months, adding more than 40 roles and opening additional offices across APAC. Founded in 2018 and headquartered in Singapore, Toku serves customers including Gojek, JCDecaux, Public Utilities Board Singapore and foodpanda.

Participated · Series A · Nov 2018

Deskera develops cloud-based ERP and MRP platforms that automate and centralize business processes and provide real-time data insights. Its ERP offering includes accounting, financial management, order management, procurement, and customer-service tools. Deskera MRP supports production cost calculation, material availability management, procurement, and operational efficiency for manufacturing. The company markets its products globally, with primary bases in the United States, Singapore, and India, and serves customers in markets including Indonesia. Founded in 2008, Deskera's solutions are positioned to be applied across large corporate groups where operational synergies exist. The article did not report any revenue, user metrics, or other financials. Deskera is a Singapore-based company that provides cloud-based software. The article identifies the firm primarily by its cloud software offering but does not detail specific products or markets. Deskera has recently secured significant external capital, with an extended Series A raise. The financing was reported as totaling over $100 million. No operating metrics, future product plans, or use of proceeds were disclosed in the article. Deskera provides an integrated cloud business suite that covers finance, sales, human resources and project management, and has offered ERP, CRM, PM and HCM solutions for nearly a decade. Led by CEO Shashank Dixit, the company serves small and medium-sized enterprises and recently announced a new B2B commerce platform for SMEs called Desk that connects vendors, logistics, payments and customs. Deskera employs over 300 people across Southeast Asia, the UAE and India. The company intends to use the new funding to add solutions to its portfolio and to continue global expansion. The product focus is on providing an end-to-end, cloud-native stack for running core business functions for SMEs.

Led · Equity · Dec 2016

Latize is a Singapore-based provider of Ulysses, a software suite that connects and manages internal and open data sources. Ulysses captures and analyzes data to create insights that enable informed decisions for enterprises. Targeted use cases include investigation and compliance, customer relationship management, and data monetization. Led by CEO Vikram Mengi, the company plans to use the new funds to accelerate growth and expand into new countries. Latize also intends to use proceeds to facilitate product development. Financially, Latize raised $1.5M in growth funding led by Tembusu Partners with participation from ACP Venture Capital and Spring Seeds Capital.

Participated · Series A · Nov 2015

Burpple is a mobile app and website that helps users decide where to eat based on recommendations from other food-lovers and Burpple editors. Launched in 2012 and led by CEO Dixon Chan, the company recently introduced an online service for F&B owners called Burpple for Business. More than 1,000 F&B owners have signed up for that service. Burpple is available for free on the Apple App Store, Google Play and the web. The company raised US$6M to enhance existing features, introduce complimentary dining services, hire engineers and product development staff, and prepare for a regional roll out. Existing shareholders include Neoteny Labs, Silicon Straits, NUS Technologies Holdings and QuestVC. Burpple is a mobile app that connects food lovers by allowing users to upload and share photos of dishes, follow other users, and ‘reburp’ favorites. The app organizes food photos into categories (e.g., healthy, home-cooked, special occasion) and automatically records time and location for uploads, using Foursquare to suggest nearby restaurants. Launched in December 2011 by Dixon Chan, Elisha Ong, and Daniel Hum, Burpple reports users in 3,300 cities across 115 countries and more than 170,000 shared dishes. Most users are concentrated in China, Japan, and Southeast Asia, with additional presence in the US, Canada, and Australia. Burpple is available on iOS and an Android version is in development, and it offers a simplified Chinese version for Asian markets. The company has been recognized regionally, including being named one of the top 10 startups in Asia at Open Web Asia 2012.

Led · Equity · Jun 2015

CricHQ is a digital platform offering performance insights for coaches and players while providing fans the latest essential cricket information. The company's core product centers on delivering performance insights and up-to-date cricket content to coaches, players, and followers. Its services focus on analytics and match information tailored to the cricket ecosystem. In the reported transaction, Singapore-based private equity firm Tembusu Partners invested $10 million for an undisclosed stake in CricHQ. The article did not disclose revenue, user metrics, founding year, or other operational details. No future plans or product roadmaps were specified in the report.