EasyVan gets US$10m boost in race to be top Asia logistics app
The Series A funding is led by a China-based venture capital firm that is joined by a host of angel investors
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Singapore
THE young but buoyant delivery van-booking app scene in Asia has just revved up for the new year, as lalamove - formerly known as EasyVan - on Monday announced it has raised US$10 million in Series A, which will go towards expanding operations in Asia in a bid to become the region's leader in mobile logistics bookings.
This first round of funding for the Hong Kong-based startup was led by China-based venture capital firm Crystal Stream Capital, with participation from Geek Founders, Mindworks Ventures, Sirius Venture Capital, Aria Group and various angel investors.
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