Foodtech startup Zeemart snags S$7m seed funding
Claudia Chong
Singapore
ZEEMART, a business-to-business (B2B) foodtech startup head-quartered in Singapore, has raised S$7 million in a seed round led by Indonesian listed investment firm Kresna Graha Investama, one of its executives told BT. Another notable investor in the round was Dr Prem Pillay, an angel investor with numerous healthcare startups and joint investments with Jungle Ventures in his portfolio.
Zeemart simplifies procurement for any business that needs to operate a kitchen. Currently, ordering decisions are done haphazardly on a daily basis and through a mix of channels such as WhatsApp or fax. The startup offers a platform that helps buyers and suppliers to connect and transact with one another easily, and also helps businesses make data-driven decisions.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?