Data Vantage | klikit boosts funding tally, Skuad adds Rapyd Ventures to cap table
Edition #249, 16 Feb 2023
Dear Reader,
Singapore-based software-as-a-service (SaaS) startup klikit received $270,000 this week from South Korean early-stage investor FuturePlay and Australia-based Startup Galaxy.
The funding is on top of the $5.64 million secured recently by the company in its seed round led by Wavemaker Partners. The company has raised nearly $8 million in equity funding to date.
Founded in 2021 by former Gojek marketplaces VP Christopher Withers, klikit offers a B2B platform that aggregates and analyses a restaurant’s food delivery orders on a single mobile device. It emerged out of stealth mode in October.
Singapore-domiciled digital payroll platform Skuad received $750,000 this week from investors, including Rapyd Ventures, the venture capital arm of fintech-as-a-service firm Rapyd, as part of a $15 million Series A round announced in October.
The round was led by Go-Ventures and joined by BEENEXT, Mindlance and Anthemis. Go-Ventures partner Siddharth Pisharody and Mindlance co-founder and MD Vikram Kalra joined Skuad’s board of directors in October.
Other updates from DATA VANTAGE
Vietnam-based earned wage access startup GIMO this week announced raising $5.1 million in the first close of a Series A funding round led by TNB Aura. The round comprises $4.6 million in fresh equity funding and allotment of Series A shares to Y Combinator under a SAFE agreement worth $500,000, DealStreetAsia had earlier reported.
Lead investor TNB Aura contributed $3 million to the startup’s latest financing, which was backed by Integra Partners, ThinkZone Ventures and Resolution Ventures.
Hijra, the Indonesian sharia challenger bank formerly known as ALAMI, received $350,000 last week from investors, including Paragon Beneva Investama, the investment arm of Indonesian beauty company ParagonCrop.
Earlier in December, the company had received $3.78 million from investors, including East Ventures (Growth Fund), AC Ventures, Quona Capital, Capria Ventures and FEBE Ventures as part of its pre-series B funding.
Energy technology provider Ampotech received S$1 million this week from Earth Venture Capital, KSL Maritime Ventures and SEEDS Capital as part of a recently announced pre-Series A round.
MyPetGo, a startup that offers health and location monitors for pets, received $125,000 from angel investor Zeynep Koller this week.
KKR-backed interior design unicorn Livspace reported a 50% increase in revenue for the financial year ended March 31, 2022. However, its losses widened considerably during the period.
Mumbai-based online logistics platform Cogoport reported a 36x growth in revenue for the financial year ended March 31, 2022. Its net profit increased 4x during the period.
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