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SPH Media Fund leads US$3m pre-Series A funding of Snapcart

Tuesday, March 28, 2017 - 05:50

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Reynazran Royono, founder and chief executive of Snapcart (left), said: "We believe we are disrupting the way market research is traditionally done, especially in the brick-and-mortar stores which contribute over 95 per cent of total grocery sales."

Singapore

THE investment arm of Singapore Press Holdings, SPH Media Fund, along with Vickers Venture Partners and Wavemaker Partners, has led a US$3 million follow-on pre-Series A funding round into Jakarta-based cashback platform Snapcart.

The new money will help the B2B (business

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