INVADE acquired for S$1.5m, BoxGreen gets S$450K seed funding

Singapore

THERE appears to be no slowdown in startup activity - with news coming in on Thursday of an acquisition of a retail platform and of funding raised by a snacks food company - even as investors warn of a more cautious investing environment ahead.

INVADE, a homegrown platform that lets businesses list and rent out retail space, has been snagged by South-east Asian iFashion Group for S$1.5 million in cash and shares.