Tech Company Financing Transactions
Dropee Funding Round
Dropee, based in Subang Jaya, received $7 million from HCL Technologies and Y Combinator.
Transaction Overview
Company Name
Announced On
1/28/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
The new round of financing will be used to expand Dropee's supply chain financing, with plans to work with more brands and wholesalers across Southeast Asia to extend credit term payments for SME retailers.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Sunway Geo Avenue Block B1 Level 3 Unit 1 Jalan Lagoon Selat
Subang Jaya, 47500
Selangor
Subang Jaya, 47500
Selangor
Phone
Website
Email Address
Overview
Dropee powers small and large businesses to operate more efficiently. We connect buyers to wholesale sellers in a quicker, more transparent way, and empower them to serve their customers better. The B2B buying and selling experience can be better. Sellers can confidently do more business by building an even stronger relationship with their customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lennise Ng
VP - Bus. Development
Alia Alsagoff
VP - Engineering
Haslinda Rasip
VP - Finance
Aizat Rahim
VP - Operations
Cheryll Wong
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Next: 1/28/2022: Canalyst venture capital transaction
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