Malaysian B2B procurement marketplace raises $500k from SeedPlus, others

Published 11 July, 2019

Tenderin, developer of business-to-business procurement platform Lapasar, has secured US$500,000 in a seed funding round led by Singapore-based venture capital firm SeedPlus.

 

Angel investors from Nexea, a Kuala Lumpur-based VC investment firm, also participated in the round.

 

The Malaysian startup connects corporations to suppliers in the country through its platform. It plans to use the fresh funding to support its business development efforts and to further automate processes for ordering and request for quotation.

 

Source from Tech In Asia