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-to-business) startup expand its sales team, and improve its analytics technological capabilities in optical character recognition, machine learning and data sciences.